The historic tax credit a practitioner's guide to the technical tax issues / William F. Machen.

Author/creator Machen, William F.
Other author American Bar Association. Forum on Affordable Housing and Community Development Law.
Format Electronic
EditionSecond edition.
Publication InfoChicago, Illinois : American Bar Association, Forum on Affordable Housing and Community Development, [2023]
Descriptionix, 132 pages ; 23 cm
Supplemental ContentFull text available from Ebook Central - Academic Complete
Subjects

Contents Introduction -- The substantial rehabilitation test -- Placed-in-service and timing rules -- Availability of the historic tax credit to transferees -- Special issues in multi-owner and multiple-building historic tax credit projects -- Qualified rehabilitation expenditures -- Limitations on the use of the historic tax credit for property used by exempt organizations or governmental units or foreign persons or entities -- Partnership allocation and basis reduction rules -- How can lessees use the historic tax credit? -- Historic tax credit recapture rules -- How do the at-risk rules affect historic tax credit investments? -- Tax structuring issues : Historic Boardwalk Hall and other challenges to historic tax credit transactions -- Index.
Abstract "The Internal Revenue Code provisions relating to the historic tax credit are complex and present many traps for the unwary. This book will help owners, investors, syndicators, lenders, and their advisors navigate the technical provisions to structure a project that will comply with the IRS guidelines and appliable judicial decisions." -- back cover.
Bibliography noteIncludes bibliographical references and index.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Other edition issuedRevision of: Machen, William F. Rehabilitation tax credit. Chicago, Illinois : American Bar Association, Forum on Affordable Housing and Community Development Law, [2015] 9781634252201
Genre/formElectronic books.
LCCN 2023298633
ISBN9781639053926
ISBN1639053921

Availability

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Electronic Resources Access Content Online ✔ Available