The IRS recently released Notice 2020-23 which gives affordable housing partnerships (an “Affected Taxpayer”) the ability to postpone certain “time- sensitive acts” that are listed at Section 15 of Revenue Procedure 2018-58....more
1. Who Can Invest?
U.S. or foreign investors and pass-through entities recognizing U.S. capital gains.
2. What Type of Capital Gain Qualifies?
Long term and short term capital gains qualify.
...more
6/14/2019
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