| |
Total |
PROJECT |
Developer |
Lender |
Investor |
Other |
Public |
ADJUSTMENT |
| PARTNERSHIP BASIS BEFORE SALE |
|
|
|
|
|
|
|
|
| Investment |
7969658 |
|
539310 |
|
7430348 |
|
|
|
| Costs Exp.During Const. |
|
|
|
|
|
|
|
|
| Tax Losses |
-581069 |
|
-5811 |
|
-575258 |
|
|
|
| Cash Distributions |
-4986167 |
|
-49862 |
|
-4811651 |
-124654 |
|
|
| Resulting Basis |
2402422 |
|
483638 |
|
2043438 |
-124654 |
|
|
| |
|
|
|
|
|
|
|
|
| EFFECT ON BASIS OF SALE |
|
|
|
|
|
|
|
|
| Proceeds of Sale (gross) |
13886158 |
13886158 |
|
|
|
|
|
|
| Orig. Cost & Capital Replcmnt |
-14606159 |
-14606159 |
|
|
|
|
|
|
| Costs Expensed During Const |
|
|
|
|
|
|
|
|
| Non-Cash Charges |
7856317 |
7856317 |
|
|
|
|
|
|
| Resulting Gain |
7136316 |
7136316 |
|
|
|
|
|
|
| Dist.of Gain to Partners |
7136316 |
|
71363 |
|
6886545 |
178408 |
|
|
| |
|
|
|
|
|
|
|
|
| Resulting Basis |
9538738 |
|
555001 |
|
8929983 |
53754 |
|
|
| |
|
|
|
|
|
|
|
|
| Final Cash Distribution |
-9538738 |
|
-95387 |
|
-9204882 |
-238468 |
|
|
| |
|
|
|
|
|
|
|
|
| Final Basis |
|
|
459613 |
|
-274899 |
-184715 |
|
|
| |
|
|
|
|
|
|
|
|
| Combined Capital Gain |
7136316 |
|
-388250 |
|
7161443 |
363123 |
|
|
| |
|
|
|
|
|
|
|
|
| Est. Tax Liability |
2434891 |
|
|
|
2434891 |
|
|
|
| Add'l Tax for Acc. Dep. |
|
|
|
|
|
|
|
|
|
