(redirected from Qualified Rehabilitation Expenditure)
QREQuick Reaction Estimate
QREQuantal Response Equilibrium
QREQuick Reaction Element (US DoD)
QREEstimated Time of Arrival (radiotelegraphy)
QREQuality and Reliability Engineering Center (Rutgers University)
QREQuantified Regular Expression (computer science)
QREQualified Rehabilitation Expenditure
References in periodicals archive ?
If the qualified rehabilitation expenditures do not exceed the above threshold, the rehabilitation will not meet the requirement that the property is substantially rehabilitated.
However, the portion of the building's basis that is attributable to qualified rehabilitation expenditures for the commercial part of the building is not considered to be expenditures for property used primarily for lodging.
Because the building is a certified historic structure, the entire portion of the building's basis attributable to qualified rehabilitation expenditures qualifies for the credit.
The credit is claimed on the portion of the basis of the building that is attributable to qualified rehabilitation expenditures.
amounts for qualified rehabilitation expenditures, it still provides
a 20% tax credit for qualified rehabilitation expenditures.
The qualified rehabilitation expenditures must exceed 50% of the building's basis.
Another limitation on the credit is that the amount of the credit is determined by multiplying a statutorily set percentage by the total qualified rehabilitation expenditures.
259) Additionally, the National Trust Report stated that most effective historic preservation tax credit programs allow a tax credit of 20 to 30% of qualified rehabilitation expenditures.
A significant portion of the $3,000,000 ($2,755,000), or 92%, will be devoted to qualified rehabilitation expenditures, the basis for the tax credits.
In general, Qualified Rehabilitation Expenditures are those costs incurred in connection with the rehabilitation of either nonresidential real property or residential rental property.
For example, $50 million in qualified rehabilitation expenditures would generate either $5 million in 10% rehabilitation tax credits or $10 million in 20% historic rehabilitation tax credits that, in return, could generate approximately $4.
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