Part 5 of a series on creative Real Estate financing. A developer financing method returns – IRS provides clarity on the use of historical rehabilitation tax credits Using Crowdfunding to finance real estate projects Using New Market Tax Credits to finance projects Let the Purchaser do the Financing E5-B visas are another growing source of liquidity … Continue Reading
A successful real estate project often requires blending several sources of funding. New Market Tax Credits (NMTC) are an alternative method of financing projects located within a specific ‘Low income urban/rural community (LIC). The NMTC program was enacted as a part of the Community Renewal Tax Relief Act of 2000. Administered by the Treasury Department, … Continue Reading
