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In South Carolina there are a number of tax incentives to help with the costs of preserving historic buildings. Both owner-occupied historic homes and historic buildings used to produce income -- stores, offices, apartment buildings, for example -- may be eligible for tax incentives. Refer to the chart in Preservation Hotline #11: Tax Savings for Owners of Historic Buildings (PDF) to begin identifying tax incentives that may apply to your building.Taxpayers should consult with an accountant or other professional tax advisor for help in determining whether the programs will be of benefit to them.Visit the following webpages to learn more about tax incentives:HomeownerIncome-producingLocal Property TaxEasementsTextile Mill Incentive
Olympia Mill in Columbia
Charleston Historic District residence
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