A limited partnership established to invest in housing complexes for low-to-medium income tenants. These types of partnerships offer special tax credits through Form 8586. Tax credits can amount to 130-150% of the invested amount over a 10 year period. Cash inflows generated from rent can pay for themselves over long periods of time, typically 15 years. However, the amount of rent charged cannot exceed the amount specified by the statute of limitations.
Related information about low-income housing limited partnership:
- Low-Income Housing Limited Partnership: Definition from Answers ...
limited partnership investment in housing complexes occupied by low- and moderate-income tenants paying rent that cannot exceed statutory limits.
- What is low-income housing limited partnership? - InvestorWords.com
Definition of low-income housing limited partnership: A limited partnership established to invest in housing complexes for low-to-medium income tenants.
- What is Low-Income Housing Tax Credit (LIHTC)? definition and ...
Low-Income Housing Tax Credit (LIHTC). low-income housing limited partnership · low-profile. Definition. A federal program which gives financial incentives to ...
- low-income housing limited partnerships financial definition of low ...
One thus invests in a low-income housing limited partnership for the cash flow from the tax credits, rather than from the investment itself. One may not sell one's ...
- low-income housing - Financial Dictionary - The Free Dictionary
Low-Income Housing Limited Partnership · low-income housing limited partnerships · Low-Income Housing Tax Credit · low-income housing tax credits ...
- The Bloom Is Off Low-Income Housing
Observers say MONY is not alone—at least when it comes to the sale of low- income housing limited partnership tax credit funds to individuals. What was a large ...
- Transfer of Ownership for Grants, Tax Credits, or - State of Oregon
(3) “Low Income Housing Limited Partnership “is re-organizing and converting the entity to “Very Low Income Housing, LLC” (same or common parties in both ...
- Merger & Acquisitions - LWBJ
RD Preservation. IV, LLLP. RD Preservation. Low income housing limited partnership interests. LWBJ assisted in the capitalization of the project in Mitchellville, ...