July 15, 2025: So You Want to Be a LIHTC Developer: Better Understanding LIHTC Partnerships, Part 1

Описание: Partnerships provide a mutually beneficial legal structure for developers and investors to create and rehabilitate affordable rental housing with low-income housing tax credits (LIHTC). In the first installment of a two-episode set on LIHTC partnerships, Michael Novogradac, CPA, and Nicolo Pinoli, CPA, discuss some of the details about these legal structures in this week’s episode of the Tax Credit Tuesday podcast. Novogradac and Pinoli discuss why developers and investors might choose partnerships over other legal structures, the value of partnerships to deliver economic benefits, how the economic substance doctrine applies to partnerships, how partnership requirements deliver some potential benefits to the investor and the power of partnerships to deliver on public policy goals.

Summaries of each topic:
1. 00:00 Introduction
2. 01:58 Guest Introduction: Nicolo Pinoli
3. 03:44 Why Choose a Partnership
4. 12:36 What it Means to Be a Partner
5. 25:35 Economic Substance Doctrine
6. 32:44 Public Policy Goals
7. 40:13 Additional Resources
8. 43:55 Off-Mike Section

Find podcast show notes and more Tax Credit Tuesday episodes at www.novoco.com/podcast.