If you own a historic site and are considering rehabilitation of that property, Frazier Associates can assist you through the historic tax credit process at both the federal and state levels. The firm has assisted numerous clients in the procurement of historic tax credits, and is familiar with all application and review procedures. For more information on qualifying projects, please contact Frazier Associates (540.886.6230) or the Virginia Department of Historic Resources (804.367.2323).

In general:

	Certified historic rehabilitations will qualify investors for a 20% federal rehabilitation tax credit.
	Rehabilitations of non-historic buildings built before 1936 can qualify investors for a 10% federal credit.
	In Virginia, up to 25% of eligible project expenses can qualify for state tax credits.

For answers to frequently asked questions about the rehabilitation tax credit program, please refer to http://www.dhr.virginia.gov/tax_credits/tax_credit.htm