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Real Estate

The Low-Income Housing Tax Credit Program: Why You Need a LIHTC-Certified CPA on Your Team

The Low-Income Housing Tax Credit Program: Why You Need a LIHTC-Certified CPA on Your Team

The Low-Income Housing Tax Credit (LIHTC) offers tax credits to real estate developers for constructing, purchasing, or renovating rental housing for low-income individuals and families. A LIHTC-certified professional determines whether applicants are eligible for the Low-Income Housing Tax Credit and ensures that tax credit properties remain in compliance with IRS,
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Real Estate Professional Status: What Are the Benefits and Do You Qualify?

Real Estate Professional Status: What Are the Benefits and Do You Qualify?

Do you own and manage real estate properties as your primary occupation? If so, you may qualify for real estate professional status (REPS). Real estate professional status is a tax designation with the potential to reduce the tax liability of real estate professionals significantly. To qualify for and maintain real
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Map of Qualified Census Tracts (QCTs)

  • Move map to NY and scroll to zoom in
  • Under Map Options select “Color QCR Qualified Tracts”