1. (a) As used in this chapter, "qualified expenditures" means expenditures for preservation or rehabilitation that are chargeable to a capital account.

2. (b) The term does not include costs that are incurred to do the following:

   1. (1) Acquire a property or an interest in a property.
   2. (2) Pay taxes due on a property.
   3. (3) Enlarge an existing structure.
   4. (4) Pay realtor's fees associated with a structure or property.
   5. (5) Pay paving and landscaping costs.
   6. (6) Pay sales and marketing costs.

As added by P.L.77-1993, SEC.1.