TheoPRO 1 Tax Credit Basics - Section 1: Introduction & Overview
90 Minute Webcast.
- Introduction & Overview
- Who am I working for?
- What is a tax credit?
- Timing Considerations
- Credit Value
- The importance of the first year of the credit period
- Impact of Non-compliance
- Review of Form 8823: The Report of Non-Compliance
- Project/Building Defined
- Minimum Set-Asides
- Rent Limits
- Where income limits come from
- The importance of the Tenant Application process