Qualified rehabilitation expenditures include the cost of acquiring the building and the land.

Name: Qualified rehabilitation expenditures include the cost of acquiring the building and the land.
Brand: Quizplus
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Quizplus · Accepted Answer

Qualified rehabilitation expenditures do not include the cost of acquiring the building and the land, as they are considered separate costs from the rehabilitation expenses. Rehabilitation expenses refer to the expenses incurred in repairing, renovating, or improving the building or its systems.

Qualified Rehabilitation Expenditures Include the Cost of Acquiring the Building