In May 2012,Cindy incurred qualifying rehabilitation expenditures of $500,000 on a certified historic structure and properly claimed the tax credit for rehabilitation expenditures.In March 2016,she sold the building at a loss.Calculate the rehabilitation expenditures credit recapture that she must report in 2016.

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The Answer of In May 2012,Cindy incurred qualifying rehabilitation expenditures of $500,000 on a certified historic structure and properly claimed the tax credit for rehabilitation expenditures.In March 2016,she sold the building at a loss.Calculate the rehabilitation expenditures credit recapture that she must report in 2016.

In May 2012,Cindy Incurred Qualifying Rehabilitation Expenditures of $500,000 on a Certified