Tax preparation for LIHTC partnerships & LLCs

Why LIHTC Partnerships Need Specialists

Complex allocations, clear filings

Most affordable housing projects rely on a LIHTC partnership tax return to allocate credits and losses properly. We ensure that the tax returns closely match underwritten projections, including any special allocations and that the required tax elections are properly filed consistent with the investor's requirements. We know the rules and understand the reporting requirements —whether your property is in Monroe, New Orleans, Shreveport, Jackson, Little Rock, Dallas, or Houston.

What We Prepare

1065s, K-1s, and state returns that match the deal

We prepare Form 1065 with supporting schedules, generate investor and General Partner K-1s, and file state partnership returns wherever the project operates. When the project requires an audit, our audit & assurance services team coordinates fieldwork and trial balances so tax prep starts from reconciled numbers. For properties with investor reporting calendars, we deliver K-1s on time to keep equity draws moving.

LIHTC-Specific Expertise

Credits, depreciation, and capital accounts

From low income housing credit and historic tax credit calculations to ongoing depreciation and recapture risk, we align tax positions to the partnership agreement and investor models. If your property also needs annual affordable housing audits, or you’re mapping the path to exit, our tax planning service keeps filings consistent year to year.