Code of Colorado Regulations
1504 - Department of Higher Education
1504 - Historical Society
8 CCR 1504-6 - INCOME TAX CREDIT FOR QUALIFIED COSTS INCURRED IN PRESERVATION OF HISTORIC PROPERTIES
Section 5 - QUALIFIED COSTS
Current through Register Vol. 47, No. 5, March 10, 2024
5.1 "Qualified costs" and "qualified rehabilitation" are defined and listed in CRS 39-22-514(12)(e)(g).
5.2 Improvements undertaken due to normal wear and tear on a property do not qualify nor does routine or periodic maintenance, such as cleaning, routine painting, minor repairs, general periodic upkeep, redecorating or any purely cosmetic change that is not part of an overall rehabilitation or that does not enhance the property's historic character.
5.3 Rehabilitation work on hard surfaces of landscaping is a qualified cost, but work on vegetative landscaping is not a qualified cost.
5.4 Restoration of documented missing features such as dormers and porches is a qualified cost and is not considered an addition.