Rehabilitation Expenditures definition

Rehabilitation Expenditures means amounts that are capitalized and incurred for the addition to or improvement of an existing Building of a character subject to the allowance for depreciation under Section 167 of the Code. However, it does not include the costs of acquiring a Building or an interest in it, for example, any Developer Fee properly allocated in acquiring a Building or any other soft costs or any amount not permitted to be taken into account under Section 42(d)(3) or Section 42(d)(4) of the Code.

Rehabilitation Expenditures means amounts that are capitalized

Rehabilitation Expenditures means amounts that are

Examples of Rehabilitation Expenditures in a sentence

• New Buildings and Substantial Rehabilitation Expenditures (if neither is financed with tax exempt bonds): New buildings or qualifying rehabilitation which are not financed with tax exempt bonds are eligible for the 9% HTC.

• Rehabilitation Expenditures: Proof that rehabilitation is complete and the minimum expenditure requirement of 26 USC § 42(e)(3)(A) has been met.

• The analysis shall include all Qualified Rehabilitation Expenditures, non-qualified rehabilitation expenditures, total Project costs and requested historic tax credits.

• In order to comply with ORC 149.311(B)(2), 8% of the available tax credit allocation in each Application Period will be reserved for Small Projects that request $250,000 or less in tax credits and estimate Qualified Rehabilitation Expenditures (QREs) equal to or less than $1,250,000 (“Small Project”).

• The amount of the Qualified Rehabilitation Expenditures identified in the Applicant’s certification of completion and reflected on the historic preservation tax credit certificate issued by the Director is subject to inspection, examination and audit by the Tax Commissioner or the Tax Commissioner’s employees and agents.

More Definitions of Rehabilitation Expenditures

Rehabilitation Expenditures means those capital expenditures to be incurred by Lessee with respect to the Project as set forth on Exhibit C hereto.

Rehabilitation Expenditures means any amount properly chargeable to the capital account of Company or a successor to Company or by the seller under a sales contract with Company for the property acquired in connection with the rehabilitation of such property or, in the case of property constituting equipment, in connection with the rehabilitation of existing equipment or the replacement of such equipment with equipment having substantially the same function, excluding, however, (A) expenditures described in Section 48(g)(2)(B) of the Code and (B) amounts incurred after the date 2 years after the later of the date of acquisition of the property in question or July 18, 1996.

Rehabilitation Expenditures means any amount properly chargeable to the capital account of the Company or a successor to the Company or by the seller under a sales contract with the Company for the property acquired in connection with the rehabilitation of such property, or in the case of property constituting equipment, in connection with the replacement of such equipment with equipment having substantially the same function, excluding, however, (A) expenditures described in Section 48(g)(2)(B) of the Code and (B) amounts incurred after the date two years after the later of the date of acquisition of the property in question or the date of issuance and delivery of the Bonds. (q) Reasonable Expectations. Based on current facts, estimates and circumstances, it is expected that:

Rehabilitation Expenditures means amounts that are capitalized and incurred for the addition to or improvement of an existing Building of a character subject to the allowance for depreciation under Section 167 of the Code. However, it does not include the costs of acquiring a Building or an interest in it, for example,

Rehabilitation Expenditures means all costs incurred and paid in furtherance of

Rehabilitation Expenditures means any amount properly chargeable to the capital account which is incurred by the person acquiring the building or property (or additions or improvements to property) in connection with the rehabilitation of the building. In the case of an integrated operation contained in a building before its acquisition, such terms include rehabilitating existing equipment in such building or replacing it with equipment having substantially the same function.)

Rehabilitation Expenditures shall have the meaning set forth in Section 147(d)(3) of the Code.