Affordable Housing News & Views - February 2019
January is over, and everyone is well past the casual holiday pace of December. As we all get immersed back into work, it is easy to overlook prominent and helpful information. Here are some that may be of note for your business success:
1. Lease accounting and the new standard should be a priority for 2019. Full information and resources to help with that transition are here.
2. Got questions about the recent IRS guidance on 199A? Check out our recent webinar here.
3. Missed our date announcement and opening of registration for the 2019 New Markets Tax Credit Summit? Go here!
Hear from Beth Mullen, CohnReznick's Affordable Housing Industry Leader, and Bob Moss, National Director of Governmental Affairs, along with local CohnReznick leaders on the state of the housing industry. These forums recently kicked off in Charlotte and Atlanta, and numerous other cities and dates are scheduled. Don’t miss out; register today:
- Los Angeles – February 20, 12:00 p.m. to 2:00 p.m. PT
- San Francisco – February 21, 12:00 p.m. to 2:00 p.m. PT
News stories and headlines from the previous month
New Markets Tax Credit Summit 2019
InsightAffordable Housing News & Views - January 2020Beth MullenThe latest industry insights, news, and events
InsightRecognizing revenue under Topic 606: Syndicators of qualified affordable housing fundsGordon ChattertonWith the effective date of Financial Accounting Standards Board (FASB) Topic 606, Revenue from Contracts with Customers, real estate industry-specific guidance previously applied is now superseded. Within the affordable housing industry, application of the new standard particularly impacts syndicators and developer entities.
InsightAffordable Housing News & Views - December 2019Beth MullenThe latest industry insight, news, and events.
Insight2019 year-end tax planning considerations for developersLast year at this time we were all scrambling to fully understand the impact of the Tax Cuts and Jobs Act on Low Income Housing Tax Credit (LIHTC) deals. The most important decision to be made with respect to the 2018 tax return was to make the real property trade or business (RPTOB) election or not.
TopicHousing tax credit data analysis and reportSince 2012, CohnReznick’s Tax Credit Investment Services group is responsible for the nation’s most comprehensive analysis of its kind on the housing tax credit program. By tracking and analyzing the performance of more than 21,000 housing credit properties, CohnReznick’s reports help developers, investors, and other industry participants to establish best practices for acquiring, underwriting and managing tax credit investments, benchmark portfolios, examine operating expenses, and gain insight into the housing tax credits industry.