Unlock the Power of Historic Tax Credits with Ferd Niemann on the Real Estate Diversification Podcast
In this enlightening episode of the Real Estate Diversification Podcast, host Ferd Niemann delves into the world of historic tax credits. These incentives, offered at both federal and state levels, are a key component of redevelopment efforts, particularly for historic buildings. But what exactly qualifies a building as historic? Ferd breaks it down for us, explaining the criteria and the process involved in getting a building listed on the National Register of Historic Places.
But the episode doesn’t stop there. Ferd goes on to explain the difference between a tax credit and a tax deduction, using clear, relatable examples. He also discusses the potential for selling these tax credits, revealing a secondary market that many may not be aware of.
This episode is a must-listen for anyone interested in real estate and tax benefits. Whether you’re a seasoned investor or just starting out, Ferd’s insights into the world of historic tax credits can help you increase your yield and decrease your cash requirements.
Ferd also shares his experiences with historic renovation projects, offering a glimpse into the complexities and potential pitfalls of this process. From maintaining the historic character of a building to navigating the legal and accounting aspects of tax credits, this episode is packed with valuable information.
Tune in to learn more about this underutilized tool in the real estate toolbox. Whether you’re interested in large-scale commercial buildings or smaller projects, Ferd’s expertise in historic tax credits can provide you with the knowledge you need to make informed decisions.
Don’t miss this opportunity to learn from an expert in the field. Listen to the latest episode of the Real Estate Diversification Podcast today and discover how you can leverage historic tax credits in your next real estate venture.
Ferd Niemann IV
KC Real Estate Law
Ferd Niemann is a real estate investor (with a focus on mobile home parks) and business-minded lawyer, as well as a trained financial analyst and an experienced entrepreneur. His experience includes mobile home park investments and turnarounds, retail development and redevelopment, residential investments, and real estate law. In addition to his investments as an operator, Ferd has invested in storage, apartments, restaurants, medical startups, and a handful of other ventures.
