Washington County Historical Property Tax Credits. You are eligible for tax credits if your property meets one of the following criteria:

Preserving Properties
Tax Credits

Preservation in Progress
  Seibert-Fernsler
  Ridenour House
  French Lane
  Foultz House
  Alms House

Tax Credits

You are eligible for tax credits if your property meets one of the following criteria:
	Your property is on the National Register of Historic Places (state & federal credits)
	Your property contributes to a National Register District (state & federal credits)
	Your property contributes to a local historic district
	Your property is a local landmark
	Your property is in the Antietam Overlay Zone and is listed on the historic site survey

ALL THESE CREDITS PIGGYBACK! Some restoration projects could be eligible for 40%+ in tax credits.
State:	The state of Maryland offers a 20% state income tax credit for approved work* . This means that 20% of the cost of the work can be taken off your state tax bill. If the cost of restoration is greater than your tax bill, you will receive future credit for the difference. The cost of the rehabilitation must exceed $5,000 in 2 years.
Federal:	Federal: The Federal government offers a 20% tax credit to commercial or rental properties for approved work* . This means that 20% of the cost of the work can be taken off your federal tax bill. The cost of the project must equal or exceed the value of the building (without the value of the land).
County:	Washington County offers a 10% tax credit for approved work* done to the exterior of the property. This means that 10% of the cost of the work can be taken off your county real estate tax bill. Washington County also offers a 5% tax credit for the exterior work of approved new construction attached to a historic property.
*	Approved work follows the Secretary of the Interior’s Standards—basically preserve as much of the original fabric of the structure as possible. Systems, electrical, plumbing, heating and air conditioning, are eligible for credits. Work must be approved prior to being done.

For information on state and federal tax incentives, visit the Maryland Historical Trust website and click on Tax Credits.

For information and application forms for county credits, call Steve Goodrich at 301-791-3065. In Hagerstown, call Kathleen Maher at 301-739-8577 x140.