Description
Low-Income Housing Tax Credit Handbook provides definitive guidance through the complex body of laws, regulations, and judicial decisions concerning the low-income housing tax credit (LIHTC). The text: Analyzes the credits history, including prior law, technical corrections, and the Tax Reform Act of 1986 Discusses who can use the credit Examines complex tax aspects and the interaction of the credit with securities laws Reviews property management aspects of LIHTC, and its appraisal process Along with a glossary of LIHTC terminology and the latest IRS and HUD rulings, this handbook provides: A sample financial model and forecast IRS forms Listings of state allocation authorities and state LIHTC tax incentives An LIHTC checklist





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