Rotary Service Foundation
Rating: 0 stars 0 0 review 64
19721 Scriber Lake Road Lynnwood WA 98036 USA
The organization is the general partner of a limited partnership. At the end of the fifteen year tax credit compliance period under irc sec 42 it intends to acquire the limited partner's interest. It applies all cash receipts to an acquisition reserve fund to satisfy the terms of the partnership agreement regarding the buy-out of the limited partner's interest.
Operation of qualified low-income housing project under irc 42.
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