Introduction to New Markets Tax Credits - E-Book Edition
Author:
Novogradac & Company LLPPublisher:
Novogradac & Company LLP, CPAsPublication Date:
10-01-2010ISBN:
9780982486832Subjects:
BusinessAvailable as:
Electronic book text, 9780982486832Description:
The title of this 32-page booklet tells it all -- its pages are brimming with information on the basics of the new markets tax credit (NMTC). Created as a companion to Novogradac & Company LLP's NMTC Basics workshops, the Introduction to New Markets Tax Credits provides a perfect initiation into the workings of the NMTC. The booklet provides a brief but substantive look into the background and structure of the NMTC; it will give readers an opportunity to learn about applying for the NMTCs, introduce them to the alphabet soup of CDEs, QEIs, QLICIs and QALICBs, as well as acquaint them with low-income communities, recapture of the credits, and leveraged and non-leveraged structures. The Introduction to New Markets Tax Credit is the perfect primer for those real estate professionals who are considering entering the world of NMTC projects or for the new hires at companies that have years of experience in investing in or lending to real estate projects or businesses in low-income communities.
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