by Jo Ikelheimer | Nov 9, 2009 | Tax Credits
Revised 8823 Guidebook Issued (Part II) Adding New Household Members After Initial Certification The Guide to Completing Form 8823, originally issued by the IRS in January 2007, was reissued last month with numerous revisions. Among the more significant changes is the... by Jo Ikelheimer | Oct 10, 2009 | Tax Credits
Revised 8823 Guidebook Issued The Guide to Completing Form 8823, originally issued by the IRS in January 2007, has been published with the latest revision dated October 2009. From its inception, language in the Guide has been clear that it is written for... by Jo Ikelheimer | Sep 9, 2009 | Tax Credits
Have the rules for annual recertification at LIHTC properties really changed? The past 12 months have brought a rash of regulatory changes to the affordable housing industry. It began with the passage of H.R. 3221, the Housing and Economic Recovery Act... by Jo Ikelheimer | Jul 9, 2009 | Tax Credits
Asset management stirs pot at NCSHA conference The hot-button topic at the National Council of State Housing Agency’s (NCSHA) Annual Tax Credit Conference held in Los Angeles, CA in June was asset management. Specifically, conversation swirled around the state... by Jo Ikelheimer | Jun 9, 2009 | Tax Credits
First Year Records for LIHTC In a recent student query, it was brought to our attention that there is still quite a bit of confusion about first year records for tax credit properties. For the particular situation in question, the manager had just begun to have... by Jo Ikelheimer | May 9, 2009 | Tax Credits
New Income Limit Provisions for LIHTC In a break from their traditional publication of annual income limits, HUD has added a new set of limits specifically for the Low-Income Housing Tax Credit (LIHTC) program. These were issued in conjunction with the Section 8...