Treasury Regulations, Subchapter A, Sec. 1.42-0
From TaxAlmanac
Sec. 1.42-0 Table of contents
This section lists the paragraphs contained in §§1.42–1 and 1.42–2.
§1.42–1 [Reserved]
§1.42–2 Waiver of requirement that an existing building eligible for the low-income housing credit was last placed in service more than 10 years prior to acquisition by the taxpayer.
(a) Low-income housing credit for existing building
(b) Waiver of 10-year holding period requirement
(c) Waiver requirements
(1) Federally-assisted building
(2) Federal mortgage funds at risk
(3) Statement by the Department of Housing and Urban Development or the Farmers' Home Administration
(4) No prior credit allowed
(d) Application for waiver
(1) Time and manner
(2) Information required
(3) Other rules
(4) Effective date of waiver
(5) Attachment to return
(e) Effective date of regulations
[T.D. 8302, 55 FR 21189, May 23, 1990]
