During a recent Sunday afternoon excursion, Miriam, an admirer of early twentieth-century architecture, discovers a 1920s-era house in the country- side outside Mobile, Alabama. She wants not only to purchase and renovate this particular house but also to move the structure into Mobile so that her community can enjoy its architectural features. Being aware of the availability of the tax credit for rehabilitation expenditures, she wants to maximize her use of the provision, if it is available in this case, once the reno- vation work begins in Mobile. However, Miriam also informs you that she will pursue the purchase, relocation, and renovation of the house only if the tax credit is available. Comment on Miriam's decision and on whether any renovation expenditures incurred will qualify for the tax credit for rehabilitation expenditures. Partial list of research aids: George S. Nalle III v. Comm., 72 AFTR 2d 93-5705, 997 F.2d 1134, 93-2 USTC 150,468 (CA-5, 1993). Research Problem