Using the Tax Credit Analysis provided in the case recalculate how much Combined Equity will be raised
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Question:
Using the Tax Credit Analysis provided in the case recalculate how much Combined Equity will be raised based on the change in yields. The result should be calculation of equity for the Rehabilitation Credit, the calculation of equity for the Low Income Credit and the Total Equity Raise amount. This must be a calculated dollar amount. No discussion or analysis is required only the dollar amounts.. Assuming the following factors change:
- The current yield for the Rehabilitation Credit is 90 cents to the dollar.
- The equity yield for the Low Income Credit is 75 cents to the dollar.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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