Low Income Housing Tax Credit Update
Updates on the LIHTC Program, including all the new IRS policies, new 8823 Audit Guide, SEction 42 and effects of HR 3221 Act
A one-day program on managing properties with the Low Income Housing Tax Credit. This course includes discussion on who is eligible, credit period, compliance period, student issues as well as an overview of the IRS Section 42 "Blue Book". Also covered are initial compliance, minimum set asides and the 20/50 or 40/60 options, and calculating income limits.