Affordable Housing Preservation Tax Relief Act of 2005

Summary

Affordable Housing Preservation Tax Relief Act of 2005 - Amends the Internal Revenue to exclude from gross income gain from the sale or exchange of certain multifamily housing property to a housing credit agency or related organization (preservation entity) that agrees to maintain certain affordability and use restrictions for such property. Limits the excludable amount of such gain to the depreciation adjustments for such property.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 8 September 2005

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• Introduced in House (PDF)

  Introduced in House · EN · 8 September 2005

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• Introduced in House

  summary · EN · 8 September 2005

  Open at official source

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