Introduction
The substantial rehabilitation test
Placed-in-service and timing rules
Availability of the historic tax credit to transferees
Special issues in multi-owner and multiple-building historic tax credit projects
Qualified rehabilitation expenditures
Limitations on the use of the historic tax credit for property used by exempt organizations or governmental units or foreign persons or entities
Partnership allocation and basis reduction rules
How can lessees use the historic tax credit?
Historic tax credit recapture rules
How do the at-risk rules affect historic tax credit investments?
Tax structuring issues : Historic Boardwalk Hall and other challenges to historic tax credit transactions
Index.