Tax Issues of Concern to Housing Cooperatives

 General Tax Issues

·         Federal Taxation of a Cooperative Housing Corporation, by Fred Weinshank

·         Reducing Property Taxes for Housing Cooperatives, by Wayne Tenenbaum

·         Second Circuit Holds Tax Lien Has Priority Over Maintenance Charges, by Joel E. Miller 

Homeowners Income Tax and Section 216

·         Committee Proposes Revision of Section 216s 80/20 Rule, by Joel E. Miller

·         The Co-op Homeowners Income Tax Interest Deduction: The Co-op Apartment and Qualified Residence Interest, by Joel E. Miller

·         IRS Creates Safe Harbors for Shares Allocated to Nonresidential Units, by Joel E. Miller

·         Section 216(d) Poses New 80/20 Threat, by Joel E. Miller

·         Timing Deductions Around a Short Year, by Joel E. Miller 

Subchapter T/Section 277

·         An Introduction to Section 277 and Housing Co-ops, by NAHC

·         Section 277 Vanquished: Co-ops Win in Thwaites Terrace House Owners Corp. v. Commissioner, by Terry Lewis

·         Life After IRC Section 277: Federal Income Taxation Under Subchapter T, by Terry Lewis

·         Subchapter T vs. Section 277: How Subchapter T Will Help Your Co-op, by Mark Shernicoff, CPA

·         IRS Agrees At Last Not to Apply Section 277 to Housing Cooperatives, by Mary Ann Rothman

1. General Materials and information on Cooperative Housing.

2. Cooperative Housing Governance

3. Physical Management of Housing Cooperatives

4. Operating Housing Cooperatives

5. Financial Issues of Concern to Housing Cooperatives.

6. Tax Issues of Concern to Housing Cooperatives

7. Developing Housing Cooperatives.