### Question
Can you define what qualified rehabilitated building means?


### Answer
**Qualified rehabilitated building** is defined as the following in *26 U.S.C. § 47*:

> any building (and its structural components) if—


(i) such building has been substantially rehabilitated,


(ii) such building was placed in service before the beginning of the rehabilitation,


(iii) such building is a certified historic structure, and


(iv) depreciation (or amortization in lieu of depreciation) is allowable with respect to such building

#### Citation:
  - *26 U.S.C. § 47*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter A-Determination of Tax Liability > PART IV-CREDITS AGAINST TAX > Subpart E-Rules for Computing Investment Credit**

