Hello Support,
Working with a PV Leveraged Partnership Flip, I have assigned the tax investor 98% of the tax benefits pre-flip, and I have a 6 year IRR target date. The tax investor has also been assigned 90% of the ownership of the equity portion, and the cash flows correctly calculated this. Yet, the same cash flow results give the tax investor only 10% of the ITC amount. The cash flows correctly reported the 10% equity stake of the developer, but did calculate 90% of the ITC cash benefit for the developer, which is mistake, I believe. Is ther something wrong I could have done? I looked at the current manual, and I think correctly used the Finacial Parameters page.
the model is "Farm 98 2 TE IRR9 debt70.sam"
Thank you in aadvance for your help.
Bob