Hillside Group, a partnership, purchased a certified historic building for $60,000 that was originally placed in service in 1929. The partnership incurs $180,000 rehabilitating the building. The building serves as the partnership's headquarters. The rehabilitation is completed in November of the current year. What amount can the Hillside Group claim on their partnership return as a rehabilitation tax credit?
A. $-0-
B. $6,000
C. $12,000
D. $36,000
E. $48,000
Answer: D
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