Average Income Set-Aside Test Self-Paced Course (LMS)

On October 7, 2022, the IRS released the long-awaited final regulation (IRS Treasury Regulation 1-42.19)regarding the Average Income Test (AIT). This final regulation includes much-needed clarifications about the AIT and what properties using this election need to know. Join Amanda Lee Gross for this two-hour webinar at a special rate of $89.00 (for IRS Treasury Regulation 1-42.19 which brought these changes). Amanda will unpack the new Average Income Test (AIT) regulation and explain the impact of the new rule in a concise and easy-to-understand manner. This webinar will include: Learn about the Average Income Test, the third minimum set-aside election for the Low Income Housing Tax Credit program The Next Available Unit Rule for the Average Income Test Determining qualified groups of units for use in applicable fraction determinations AIT recordkeeping and reporting requirements. Attendees of this important webinar will gain a clear understanding of the new regulation and what is n