Document And Entity Information
Document And Entity Information | 6 Months Ended |
Sep. 30, 2020shares | |
Cover [Abstract] | |
Document Type | 10-Q |
Amendment Flag | false |
Document Period End Date | Sep. 30, 2020 |
Document Fiscal Year Focus | 2021 |
Document Fiscal Period Focus | Q2 |
Entity Registrant Name | BOSTON CAPITAL TAX CREDIT FUND IV LP |
Title of 12(b) Security | None |
No Trading Symbol Flag | true |
Entity Central Index Key | 0000913778 |
Current Fiscal Year End Date | --03-31 |
Entity Current Reporting Status | Yes |
Entity Interactive Data Current | Yes |
Entity Filer Category | Non-accelerated Filer |
Entity Common Stock, Shares Outstanding | 0 |
Entity Shell Company | false |
Entity Emerging Growth Company | false |
Entity Small Business | true |
CONDENSED BALANCE SHEETS
CONDENSED BALANCE SHEETS - USD ($) | Sep. 30, 2020 | Mar. 31, 2020 |
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | $ 0 | $ 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 6,319,194 | 6,622,109 |
Other assets | 28,738 | 15,088 |
ASSETS | 6,347,932 | 6,637,197 |
LIABILITIES | ||
Accounts payable and accrued expenses | 25,218 | 16,000 |
Accounts payable affiliates (Note C) | 12,999,648 | 13,107,778 |
Capital contributions payable | 1,039 | 1,039 |
LIABILITIES | 13,025,905 | 13,124,817 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (6,231,282) | (6,042,833) |
General Partner | (446,691) | (444,787) |
PARTNERS' CAPITAL (DEFICIT) | (6,677,973) | (6,487,620) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 6,347,932 | 6,637,197 |
Series Twenty [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 0 | 0 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (754,767) | (754,767) |
General Partner | 754,767 | 754,767 |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series Twenty One [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 0 | 0 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (898,231) | (898,231) |
General Partner | 898,231 | 898,231 |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series Twenty Two [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 0 | 0 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (2,448,362) | (2,448,362) |
General Partner | 2,448,362 | 2,448,362 |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series Twenty Three [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 0 | 0 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (224,264) | (224,264) |
General Partner | 224,264 | 224,264 |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series Twenty Four [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 0 | 0 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 173,404 | 173,404 |
General Partner | (173,404) | (173,404) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series Twenty Five [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 0 | 0 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 219,815 | 219,815 |
General Partner | (219,815) | (219,815) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series Twenty Six [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 539,061 | 576,004 |
Other assets | 0 | 0 |
ASSETS | 539,061 | 576,004 |
LIABILITIES | ||
Accounts payable and accrued expenses | 165 | 0 |
Accounts payable affiliates (Note C) | 4,282 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 4,447 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 847,610 | 888,586 |
General Partner | (312,996) | (312,582) |
PARTNERS' CAPITAL (DEFICIT) | 534,614 | 576,004 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 539,061 | 576,004 |
Series Twenty Seven [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 0 | 0 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 133,264 | 133,264 |
General Partner | (133,264) | (133,264) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series Twenty Eight [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 0 | 0 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 275,140 | 275,140 |
General Partner | (275,140) | (275,140) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series Twenty Nine [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 140,305 | 157,446 |
Other assets | 0 | 0 |
ASSETS | 140,305 | 157,446 |
LIABILITIES | ||
Accounts payable and accrued expenses | 159 | 0 |
Accounts payable affiliates (Note C) | 3,119,380 | 3,105,875 |
Capital contributions payable | 785 | 785 |
LIABILITIES | 3,120,324 | 3,106,660 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (2,611,572) | (2,581,075) |
General Partner | (368,447) | (368,139) |
PARTNERS' CAPITAL (DEFICIT) | (2,980,019) | (2,949,214) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 140,305 | 157,446 |
Series Thirty [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 0 | 0 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (883,119) | (883,119) |
General Partner | 883,119 | 883,119 |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series Thirty One [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 0 | 0 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 353,529 | 353,529 |
General Partner | (353,529) | (353,529) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series Thirty Two [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 180,351 | 193,203 |
Other assets | 0 | 0 |
ASSETS | 180,351 | 193,203 |
LIABILITIES | ||
Accounts payable and accrued expenses | 163 | 0 |
Accounts payable affiliates (Note C) | 113,775 | 83,511 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 113,938 | 83,511 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 472,113 | 514,959 |
General Partner | (405,700) | (405,267) |
PARTNERS' CAPITAL (DEFICIT) | 66,413 | 109,692 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 180,351 | 193,203 |
Series Thirty Three [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 543,367 | 561,941 |
Other assets | 0 | 0 |
ASSETS | 543,367 | 561,941 |
LIABILITIES | ||
Accounts payable and accrued expenses | 89 | 0 |
Accounts payable affiliates (Note C) | 9,777 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 9,866 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 753,946 | 782,102 |
General Partner | (220,445) | (220,161) |
PARTNERS' CAPITAL (DEFICIT) | 533,501 | 561,941 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 543,367 | 561,941 |
Series Thirty Four [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 120,747 | 148,344 |
Other assets | 0 | 0 |
ASSETS | 120,747 | 148,344 |
LIABILITIES | ||
Accounts payable and accrued expenses | 122 | 0 |
Accounts payable affiliates (Note C) | 2,459,128 | 2,445,674 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 2,459,250 | 2,445,674 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (2,014,728) | (1,973,967) |
General Partner | (323,775) | (323,363) |
PARTNERS' CAPITAL (DEFICIT) | (2,338,503) | (2,297,330) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 120,747 | 148,344 |
Series Thirty Five [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 0 | 0 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 223,088 | 223,088 |
General Partner | (223,088) | (223,088) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series Thirty Six [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 0 | 0 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 148,221 | 148,221 |
General Partner | (148,221) | (148,221) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series Thirty Seven [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 0 | 0 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 205,359 | 205,359 |
General Partner | (205,359) | (205,359) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series Thirty Eight [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 0 | 0 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 188,889 | 188,889 |
General Partner | (188,889) | (188,889) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series Thirty Nine [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 0 | 0 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 196,043 | 196,043 |
General Partner | (196,043) | (196,043) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series Forty [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 0 |
Other assets | 0 | 0 |
ASSETS | 0 | 0 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 216,900 | 216,900 |
General Partner | (216,900) | (216,900) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series Forty One [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 376,940 | 352,239 |
Other assets | 0 | 0 |
ASSETS | 376,940 | 352,239 |
LIABILITIES | ||
Accounts payable and accrued expenses | 2,599 | 0 |
Accounts payable affiliates (Note C) | 2,704,207 | 2,647,829 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 2,706,806 | 2,647,829 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (2,057,399) | (2,023,466) |
General Partner | (272,467) | (272,124) |
PARTNERS' CAPITAL (DEFICIT) | (2,329,866) | (2,295,590) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 376,940 | 352,239 |
Series Forty Two [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 1,556,143 | 1,607,893 |
Other assets | 11,300 | 11,300 |
ASSETS | 1,567,443 | 1,619,193 |
LIABILITIES | ||
Accounts payable and accrued expenses | 88 | 0 |
Accounts payable affiliates (Note C) | 19,260 | 0 |
Capital contributions payable | 254 | 254 |
LIABILITIES | 19,602 | 254 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 1,773,300 | 1,843,687 |
General Partner | (225,459) | (224,748) |
PARTNERS' CAPITAL (DEFICIT) | 1,547,841 | 1,618,939 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 1,567,443 | 1,619,193 |
Series Forty Three [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 1,480,476 | 1,416,291 |
Other assets | 13,650 | 0 |
ASSETS | 1,494,126 | 1,416,291 |
LIABILITIES | ||
Accounts payable and accrued expenses | 15,996 | 0 |
Accounts payable affiliates (Note C) | 19,371 | 0 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 35,367 | 0 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 1,765,692 | 1,723,649 |
General Partner | (306,933) | (307,358) |
PARTNERS' CAPITAL (DEFICIT) | 1,458,759 | 1,416,291 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 1,494,126 | 1,416,291 |
Series Forty Four [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 307,766 | 321,693 |
Other assets | 0 | 0 |
ASSETS | 307,766 | 321,693 |
LIABILITIES | ||
Accounts payable and accrued expenses | 93 | 4,000 |
Accounts payable affiliates (Note C) | 423,301 | 362,671 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 423,394 | 366,671 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | 122,977 | 192,920 |
General Partner | (238,605) | (237,898) |
PARTNERS' CAPITAL (DEFICIT) | (115,628) | (44,978) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 307,766 | 321,693 |
Series Forty Five [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 555,295 | 859,371 |
Other assets | 0 | 0 |
ASSETS | 555,295 | 859,371 |
LIABILITIES | ||
Accounts payable and accrued expenses | 5,640 | 12,000 |
Accounts payable affiliates (Note C) | 1,921,963 | 2,351,836 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 1,927,603 | 2,363,836 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (1,004,923) | (1,135,758) |
General Partner | (367,385) | (368,707) |
PARTNERS' CAPITAL (DEFICIT) | (1,372,308) | (1,504,465) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 555,295 | 859,371 |
Series Forty Six [Member] | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 518,743 | 427,684 |
Other assets | 3,788 | 3,788 |
ASSETS | 522,531 | 431,472 |
LIABILITIES | ||
Accounts payable and accrued expenses | 104 | 0 |
Accounts payable affiliates (Note C) | 2,205,204 | 2,110,382 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 2,205,308 | 2,110,382 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees limited partner | (1,403,207) | (1,399,379) |
General Partner | (279,570) | (279,531) |
PARTNERS' CAPITAL (DEFICIT) | (1,682,777) | (1,678,910) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | $ 522,531 | $ 431,472 |
CONDENSED BALANCE SHEETS(Parent
CONDENSED BALANCE SHEETS(Parenthetical) - $ / shares | Sep. 30, 2020 | Mar. 31, 2020 |
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 83,651,080 | 83,651,080 |
Units of limited partnership interest, outstanding | 82,926,053 | 82,926,053 |
Series Twenty [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 3,866,700 | 3,866,700 |
Units of limited partnership interest, outstanding | 3,828,200 | 3,828,200 |
Series Twenty One [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 1,892,700 | 1,892,700 |
Units of limited partnership interest, outstanding | 1,879,500 | 1,879,500 |
Series Twenty Two [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,564,400 | 2,564,400 |
Units of limited partnership interest, outstanding | 2,550,145 | 2,550,145 |
Series Twenty Three [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 3,336,727 | 3,336,727 |
Units of limited partnership interest, outstanding | 3,303,327 | 3,303,327 |
Series Twenty Four [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,169,878 | 2,169,878 |
Units of limited partnership interest, outstanding | 2,150,053 | 2,150,053 |
Series Twenty Five [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 3,026,109 | 3,026,109 |
Units of limited partnership interest, outstanding | 3,016,809 | 3,016,809 |
Series Twenty Six [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 3,995,900 | 3,995,900 |
Units of limited partnership interest, outstanding | 3,929,074 | 3,929,074 |
Series Twenty Seven [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,460,700 | 2,460,700 |
Units of limited partnership interest, outstanding | 2,431,350 | 2,431,350 |
Series Twenty Eight [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 4,000,738 | 4,000,738 |
Units of limited partnership interest, outstanding | 3,979,139 | 3,979,139 |
Series Twenty Nine [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 3,991,800 | 3,991,800 |
Units of limited partnership interest, outstanding | 3,923,225 | 3,923,225 |
Series Thirty [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,651,000 | 2,651,000 |
Units of limited partnership interest, outstanding | 2,621,200 | 2,621,200 |
Series Thirty One [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 4,417,857 | 4,417,857 |
Units of limited partnership interest, outstanding | 4,375,757 | 4,375,757 |
Series Thirty Two [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 4,754,198 | 4,754,198 |
Units of limited partnership interest, outstanding | 4,715,798 | 4,715,798 |
Series Thirty Three [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,636,533 | 2,636,533 |
Units of limited partnership interest, outstanding | 2,606,833 | 2,606,833 |
Series Thirty Four [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 3,529,319 | 3,529,319 |
Units of limited partnership interest, outstanding | 3,477,719 | 3,477,719 |
Series Thirty Five [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 3,300,463 | 3,300,463 |
Units of limited partnership interest, outstanding | 3,277,913 | 3,277,913 |
Series Thirty Six [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,106,838 | 2,106,838 |
Units of limited partnership interest, outstanding | 2,083,704 | 2,083,704 |
Series Thirty Seven [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,512,500 | 2,512,500 |
Units of limited partnership interest, outstanding | 2,489,100 | 2,489,100 |
Series Thirty Eight [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,543,100 | 2,543,100 |
Units of limited partnership interest, outstanding | 2,536,200 | 2,536,200 |
Series Thirty Nine [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,292,151 | 2,292,151 |
Units of limited partnership interest, outstanding | 2,288,351 | 2,288,351 |
Series Forty [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,630,256 | 2,630,256 |
Units of limited partnership interest, outstanding | 2,611,356 | 2,611,356 |
Series Forty One [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,891,626 | 2,891,626 |
Units of limited partnership interest, outstanding | 2,867,676 | 2,867,676 |
Series Forty Two [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,744,262 | 2,744,262 |
Units of limited partnership interest, outstanding | 2,716,362 | 2,716,362 |
Series Forty Three [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 3,637,987 | 3,637,987 |
Units of limited partnership interest, outstanding | 3,617,987 | 3,617,987 |
Series Forty Four [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,701,973 | 2,701,973 |
Units of limited partnership interest, outstanding | 2,687,173 | 2,687,173 |
Series Forty Five [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 4,014,367 | 4,014,367 |
Units of limited partnership interest, outstanding | 3,996,467 | 3,996,467 |
Series Forty Six [Member] | ||
Beneficial assignee certificate, par value (in dollars per share) | $ 10 | $ 10 |
Units of limited partnership interest, authorized | 101,500,000 | 101,500,000 |
Units of limited partnership interest, issued | 2,980,998 | 2,980,998 |
Units of limited partnership interest, outstanding | 2,965,635 | 2,965,635 |
CONDENSED STATEMENTS OF OPERATI
CONDENSED STATEMENTS OF OPERATIONS - USD ($) | 3 Months Ended | 6 Months Ended | ||
Sep. 30, 2020 | Sep. 30, 2019 | Sep. 30, 2020 | Sep. 30, 2019 | |
Income | ||||
Interest income | $ 2,375 | $ 88,130 | $ 7,895 | $ 157,936 |
Other income | 69,667 | 104,513 | 118,008 | 212,121 |
Revenues | 72,042 | 192,643 | 125,903 | 370,057 |
Gain on disposition of Operating Partnerships | 343,992 | 6,966,046 | 430,992 | 11,850,663 |
Expenses | ||||
Professional fees | 153,825 | 314,129 | 217,040 | 327,696 |
Fund management fee, net (Note C) | 165,087 | 341,092 | 371,686 | 585,774 |
General and administrative expenses | 96,081 | 122,855 | 158,522 | 226,337 |
Operating expenses | 414,993 | 778,076 | 747,248 | 1,139,807 |
NET INCOME (LOSS) | 1,041 | 6,380,613 | (190,353) | 11,080,913 |
Net income (loss) allocated to assignees | 1,030 | 6,316,810 | (188,449) | 10,970,106 |
Net income (loss) allocated to general partner | $ 11 | $ 63,803 | $ (1,904) | $ 110,807 |
Net income (loss) per BAC | $ 0 | $ 0.08 | $ 0 | $ 0.13 |
Series Twenty [Member] | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain on disposition of Operating Partnerships | 0 | 0 | 0 | 0 |
Expenses | ||||
Professional fees | 0 | 0 | 0 | 0 |
Fund management fee, net (Note C) | 0 | 0 | 0 | 0 |
General and administrative expenses | 0 | 0 | 0 | 0 |
Operating expenses | 0 | 0 | 0 | 0 |
NET INCOME (LOSS) | 0 | 0 | 0 | 0 |
Net income (loss) allocated to assignees | 0 | 0 | 0 | 0 |
Net income (loss) allocated to general partner | $ 0 | $ 0 | $ 0 | $ 0 |
Net income (loss) per BAC | $ 0 | $ 0 | $ 0 | $ 0 |
Series Twenty One [Member] | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain on disposition of Operating Partnerships | 0 | 0 | 0 | 0 |
Expenses | ||||
Professional fees | 0 | 0 | 0 | 0 |
Fund management fee, net (Note C) | 0 | 0 | 0 | 0 |
General and administrative expenses | 0 | 0 | 0 | 0 |
Operating expenses | 0 | 0 | 0 | 0 |
NET INCOME (LOSS) | 0 | 0 | 0 | 0 |
Net income (loss) allocated to assignees | 0 | 0 | 0 | 0 |
Net income (loss) allocated to general partner | $ 0 | $ 0 | $ 0 | $ 0 |
Net income (loss) per BAC | $ 0 | $ 0 | $ 0 | $ 0 |
Series Twenty Two [Member] | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain on disposition of Operating Partnerships | 0 | 0 | 0 | 0 |
Expenses | ||||
Professional fees | 0 | 0 | 0 | 0 |
Fund management fee, net (Note C) | 0 | 0 | 0 | 0 |
General and administrative expenses | 0 | 0 | 0 | 0 |
Operating expenses | 0 | 0 | 0 | 0 |
NET INCOME (LOSS) | 0 | 0 | 0 | 0 |
Net income (loss) allocated to assignees | 0 | 0 | 0 | 0 |
Net income (loss) allocated to general partner | $ 0 | $ 0 | $ 0 | $ 0 |
Net income (loss) per BAC | $ 0 | $ 0 | $ 0 | $ 0 |
Series Twenty Three [Member] | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain on disposition of Operating Partnerships | 0 | 0 | 0 | 0 |
Expenses | ||||
Professional fees | 0 | 0 | 0 | 0 |
Fund management fee, net (Note C) | 0 | 0 | 0 | 0 |
General and administrative expenses | 0 | 0 | 0 | 0 |
Operating expenses | 0 | 0 | 0 | 0 |
NET INCOME (LOSS) | 0 | 0 | 0 | 0 |
Net income (loss) allocated to assignees | 0 | 0 | 0 | 0 |
Net income (loss) allocated to general partner | $ 0 | $ 0 | $ 0 | $ 0 |
Net income (loss) per BAC | $ 0 | $ 0 | $ 0 | $ 0 |
Series Twenty Four [Member] | ||||
Income | ||||
Interest income | $ 0 | $ 894 | $ 0 | $ 1,683 |
Other income | 0 | 0 | 0 | 1,680 |
Revenues | 0 | 894 | 0 | 3,363 |
Gain on disposition of Operating Partnerships | 0 | 0 | 0 | 0 |
Expenses | ||||
Professional fees | 0 | 13,776 | 0 | 14,433 |
Fund management fee, net (Note C) | 0 | 10,299 | 0 | 18,242 |
General and administrative expenses | 0 | 5,732 | 0 | 10,515 |
Operating expenses | 0 | 29,807 | 0 | 43,190 |
NET INCOME (LOSS) | 0 | (28,913) | 0 | (39,827) |
Net income (loss) allocated to assignees | 0 | (28,624) | 0 | (39,429) |
Net income (loss) allocated to general partner | $ 0 | $ (289) | $ 0 | $ (398) |
Net income (loss) per BAC | $ 0 | $ (0.01) | $ 0 | $ (0.02) |
Series Twenty Five [Member] | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain on disposition of Operating Partnerships | 0 | 0 | 0 | 0 |
Expenses | ||||
Professional fees | 0 | 0 | 0 | 0 |
Fund management fee, net (Note C) | 0 | 0 | 0 | 0 |
General and administrative expenses | 0 | 0 | 0 | 0 |
Operating expenses | 0 | 0 | 0 | 0 |
NET INCOME (LOSS) | 0 | 0 | 0 | 0 |
Net income (loss) allocated to assignees | 0 | 0 | 0 | 0 |
Net income (loss) allocated to general partner | $ 0 | $ 0 | $ 0 | $ 0 |
Net income (loss) per BAC | $ 0 | $ 0 | $ 0 | $ 0 |
Series Twenty Six [Member] | ||||
Income | ||||
Interest income | $ 169 | $ 1,312 | $ 844 | $ 2,437 |
Other income | 0 | 0 | 420 | |
Revenues | 169 | 1,312 | 844 | 2,857 |
Gain on disposition of Operating Partnerships | 0 | 0 | ||
Expenses | ||||
Professional fees | 12,751 | 16,317 | 18,168 | 16,974 |
Fund management fee, net (Note C) | 4,282 | 13,938 | 8,564 | 26,876 |
General and administrative expenses | 8,861 | 8,365 | 15,502 | 15,175 |
Operating expenses | 25,894 | 38,620 | 42,234 | 59,025 |
NET INCOME (LOSS) | (25,725) | (37,308) | (41,390) | (56,168) |
Net income (loss) allocated to assignees | (25,468) | (36,935) | (40,976) | (55,606) |
Net income (loss) allocated to general partner | $ (257) | $ (373) | $ (414) | $ (562) |
Net income (loss) per BAC | $ (0.01) | $ (0.01) | $ (0.01) | $ (0.01) |
Series Twenty Seven [Member] | ||||
Income | ||||
Interest income | $ 0 | $ 19,771 | $ 0 | $ 40,073 |
Other income | 0 | 15,472 | 0 | 15,472 |
Revenues | 0 | 35,243 | 0 | 55,545 |
Gain on disposition of Operating Partnerships | 0 | 776,922 | 0 | 776,922 |
Expenses | ||||
Professional fees | 0 | 11,510 | 0 | 12,167 |
Fund management fee, net (Note C) | 0 | 3,635 | 0 | 8,890 |
General and administrative expenses | 0 | 5,736 | 0 | 10,571 |
Operating expenses | 0 | 20,881 | 0 | 31,628 |
NET INCOME (LOSS) | 0 | 791,284 | 0 | 800,839 |
Net income (loss) allocated to assignees | 0 | 783,372 | 0 | 792,831 |
Net income (loss) allocated to general partner | $ 0 | $ 7,912 | $ 0 | $ 8,008 |
Net income (loss) per BAC | $ 0 | $ 0.32 | $ 0 | $ 0.33 |
Series Twenty Eight [Member] | ||||
Income | ||||
Interest income | $ 0 | $ 1,764 | $ 0 | $ 2,976 |
Other income | 0 | 0 | 0 | 446 |
Revenues | 0 | 1,764 | 0 | 3,422 |
Gain on disposition of Operating Partnerships | 0 | 7,100 | 0 | 7,100 |
Expenses | ||||
Professional fees | 0 | 13,529 | 0 | 14,186 |
Fund management fee, net (Note C) | 0 | 7,296 | 0 | 12,592 |
General and administrative expenses | 0 | 7,829 | 0 | 14,207 |
Operating expenses | 0 | 28,654 | 0 | 40,985 |
NET INCOME (LOSS) | 0 | (19,790) | 0 | (30,463) |
Net income (loss) allocated to assignees | 0 | (19,592) | 0 | (30,158) |
Net income (loss) allocated to general partner | $ 0 | $ (198) | $ 0 | $ (305) |
Net income (loss) per BAC | $ 0 | $ 0 | $ 0 | $ (0.01) |
Series Twenty Nine [Member] | ||||
Income | ||||
Interest income | $ 55 | $ 610 | $ 250 | $ 1,334 |
Other income | 0 | 0 | ||
Revenues | 55 | 610 | 250 | 1,334 |
Gain on disposition of Operating Partnerships | 0 | 0 | 9,500 | |
Expenses | ||||
Professional fees | 8,276 | 15,795 | 13,123 | 16,452 |
Fund management fee, net (Note C) | 6,651 | 7,260 | 13,505 | 14,520 |
General and administrative expenses | 8,852 | 6,672 | 13,927 | 12,503 |
Operating expenses | 23,779 | 29,727 | 40,555 | 43,475 |
NET INCOME (LOSS) | (23,724) | (29,117) | (30,805) | (42,141) |
Net income (loss) allocated to assignees | (23,487) | (28,826) | (30,497) | (41,720) |
Net income (loss) allocated to general partner | $ (237) | $ (291) | $ (308) | $ (421) |
Net income (loss) per BAC | $ (0.01) | $ (0.01) | $ (0.01) | $ (0.01) |
Series Thirty [Member] | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | |
Other income | 0 | 0 | 0 | |
Revenues | 0 | 0 | 0 | |
Gain on disposition of Operating Partnerships | 0 | 0 | 0 | |
Expenses | ||||
Professional fees | 0 | 0 | 0 | |
Fund management fee, net (Note C) | 0 | 0 | 0 | |
General and administrative expenses | 0 | 0 | 0 | |
Operating expenses | 0 | 0 | 0 | |
NET INCOME (LOSS) | 0 | 0 | 0 | $ 0 |
Net income (loss) allocated to assignees | 0 | 0 | 0 | |
Net income (loss) allocated to general partner | $ 0 | $ 0 | $ 0 | |
Net income (loss) per BAC | $ 0 | $ 0 | $ 0 | |
Series Thirty One [Member] | ||||
Income | ||||
Interest income | $ 0 | $ 6,536 | $ 0 | 10,540 |
Other income | 0 | 0 | 0 | |
Revenues | 0 | 6,536 | 0 | 10,540 |
Gain on disposition of Operating Partnerships | 0 | 31,431 | 0 | 618,900 |
Expenses | ||||
Professional fees | 0 | 19,370 | 0 | 20,027 |
Fund management fee, net (Note C) | 0 | 0 | 0 | (59,987) |
General and administrative expenses | 0 | 7,738 | 0 | 14,489 |
Operating expenses | 0 | 27,108 | 0 | (25,471) |
NET INCOME (LOSS) | 0 | 10,859 | 0 | 654,911 |
Net income (loss) allocated to assignees | 0 | 10,751 | 0 | 648,362 |
Net income (loss) allocated to general partner | $ 0 | $ 108 | $ 0 | $ 6,549 |
Net income (loss) per BAC | $ 0 | $ 0 | $ 0 | $ 0.15 |
Series Thirty Two [Member] | ||||
Income | ||||
Interest income | $ 65 | $ 1,125 | $ 315 | $ 2,048 |
Other income | 10,008 | 4,320 | 10,008 | 4,320 |
Revenues | 10,073 | 5,445 | 10,323 | 6,368 |
Gain on disposition of Operating Partnerships | 0 | 0 | ||
Expenses | ||||
Professional fees | 9,526 | 15,115 | 14,373 | 16,314 |
Fund management fee, net (Note C) | 8,632 | 19,794 | 23,764 | 26,588 |
General and administrative expenses | 8,867 | 8,155 | 15,465 | 14,855 |
Operating expenses | 27,025 | 43,064 | 53,602 | 57,757 |
NET INCOME (LOSS) | (16,952) | (37,619) | (43,279) | (51,389) |
Net income (loss) allocated to assignees | (16,782) | (37,243) | (42,846) | (50,875) |
Net income (loss) allocated to general partner | $ (170) | $ (376) | $ (433) | $ (514) |
Net income (loss) per BAC | $ 0 | $ (0.01) | $ (0.01) | $ (0.01) |
Series Thirty Three [Member] | ||||
Income | ||||
Interest income | $ 238 | $ 937 | $ 696 | $ 1,800 |
Other income | 10,008 | 14,427 | 10,008 | 14,427 |
Revenues | 10,246 | 15,364 | 10,704 | 16,227 |
Gain on disposition of Operating Partnerships | 0 | 1,442,632 | 1,442,632 | |
Expenses | ||||
Professional fees | 8,001 | 13,772 | 12,468 | 14,971 |
Fund management fee, net (Note C) | 3,277 | 13,316 | 13,054 | 9,214 |
General and administrative expenses | 8,455 | 6,383 | 13,622 | 11,574 |
Operating expenses | 19,733 | 33,471 | 39,144 | 35,759 |
NET INCOME (LOSS) | (9,487) | 1,424,525 | (28,440) | 1,423,100 |
Net income (loss) allocated to assignees | (9,393) | 1,410,280 | (28,156) | 1,408,869 |
Net income (loss) allocated to general partner | $ (94) | $ 14,245 | $ (284) | $ 14,231 |
Net income (loss) per BAC | $ 0 | $ 0.54 | $ (0.01) | $ 0.54 |
Series Thirty Four [Member] | ||||
Income | ||||
Interest income | $ 49 | $ 825 | $ 286 | $ 1,458 |
Other income | 0 | 2,100 | 2,100 | |
Revenues | 49 | 2,925 | 286 | 3,558 |
Gain on disposition of Operating Partnerships | 0 | 257,500 | 257,500 | |
Expenses | ||||
Professional fees | 11,904 | 12,207 | 16,561 | 12,864 |
Fund management fee, net (Note C) | 3,727 | 11,496 | 10,454 | 20,861 |
General and administrative expenses | 8,630 | 6,010 | 14,444 | 11,262 |
Operating expenses | 24,261 | 29,713 | 41,459 | 44,987 |
NET INCOME (LOSS) | (24,212) | 230,712 | (41,173) | 216,071 |
Net income (loss) allocated to assignees | (23,970) | 228,405 | (40,761) | 213,910 |
Net income (loss) allocated to general partner | $ (242) | $ 2,307 | $ (412) | $ 2,161 |
Net income (loss) per BAC | $ (0.01) | $ 0.07 | $ (0.01) | $ 0.06 |
Series Thirty Five [Member] | ||||
Income | ||||
Interest income | $ 0 | $ 13,538 | $ 0 | $ 25,729 |
Other income | 0 | 2,180 | 0 | 5,963 |
Revenues | 0 | 15,718 | 0 | 31,692 |
Gain on disposition of Operating Partnerships | 0 | 141,000 | 0 | 141,000 |
Expenses | ||||
Professional fees | 0 | 10,813 | 0 | 11,470 |
Fund management fee, net (Note C) | 0 | 9,847 | 0 | 17,300 |
General and administrative expenses | 0 | 5,943 | 0 | 11,126 |
Operating expenses | 0 | 26,603 | 0 | 39,896 |
NET INCOME (LOSS) | 0 | 130,115 | 0 | 132,796 |
Net income (loss) allocated to assignees | 0 | 128,814 | 0 | 131,468 |
Net income (loss) allocated to general partner | $ 0 | $ 1,301 | $ 0 | $ 1,328 |
Net income (loss) per BAC | $ 0 | $ 0.04 | $ 0 | $ 0.04 |
Series Thirty Six [Member] | ||||
Income | ||||
Interest income | $ 0 | $ 10,538 | $ 0 | $ 20,501 |
Other income | 0 | 0 | 0 | |
Revenues | 0 | 10,538 | 0 | 20,501 |
Gain on disposition of Operating Partnerships | 0 | 0 | 0 | 476,325 |
Expenses | ||||
Professional fees | 0 | 12,135 | 0 | 12,792 |
Fund management fee, net (Note C) | 0 | 2,739 | 0 | 7,911 |
General and administrative expenses | 0 | 6,011 | 0 | 10,850 |
Operating expenses | 0 | 20,885 | 0 | 31,553 |
NET INCOME (LOSS) | 0 | (10,347) | 0 | 465,273 |
Net income (loss) allocated to assignees | 0 | (10,244) | 0 | 460,620 |
Net income (loss) allocated to general partner | $ 0 | $ (103) | $ 0 | $ 4,653 |
Net income (loss) per BAC | $ 0 | $ 0 | $ 0 | $ 0.22 |
Series Thirty Seven [Member] | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | |
Other income | 0 | 0 | 0 | |
Revenues | 0 | 0 | 0 | |
Gain on disposition of Operating Partnerships | 0 | 0 | 0 | |
Expenses | ||||
Professional fees | 0 | 0 | 0 | |
Fund management fee, net (Note C) | 0 | 0 | 0 | |
General and administrative expenses | 0 | 0 | 0 | |
Operating expenses | 0 | 0 | 0 | |
NET INCOME (LOSS) | 0 | 0 | 0 | $ 0 |
Net income (loss) allocated to assignees | 0 | 0 | 0 | |
Net income (loss) allocated to general partner | $ 0 | $ 0 | $ 0 | |
Net income (loss) per BAC | $ 0 | $ 0 | $ 0 | |
Series Thirty Eight [Member] | ||||
Income | ||||
Interest income | $ 0 | $ 9,160 | $ 0 | 12,362 |
Other income | 0 | 5,700 | 0 | 5,700 |
Revenues | 0 | 14,860 | 0 | 18,062 |
Gain on disposition of Operating Partnerships | 0 | 0 | 0 | 1,463,974 |
Expenses | ||||
Professional fees | 0 | 12,832 | 0 | 13,489 |
Fund management fee, net (Note C) | 0 | (258) | 0 | 16,323 |
General and administrative expenses | 0 | 5,515 | 0 | 10,188 |
Operating expenses | 0 | 18,089 | 0 | 40,000 |
NET INCOME (LOSS) | 0 | (3,229) | 0 | 1,442,036 |
Net income (loss) allocated to assignees | 0 | (3,196) | 0 | 1,427,616 |
Net income (loss) allocated to general partner | $ 0 | $ (33) | $ 0 | $ 14,420 |
Net income (loss) per BAC | $ 0 | $ 0 | $ 0 | $ 0.56 |
Series Thirty Nine [Member] | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain on disposition of Operating Partnerships | 0 | 0 | 0 | 0 |
Expenses | ||||
Professional fees | 0 | 0 | 0 | 0 |
Fund management fee, net (Note C) | 0 | 0 | 0 | 0 |
General and administrative expenses | 0 | 0 | 0 | 0 |
Operating expenses | 0 | 0 | 0 | 0 |
NET INCOME (LOSS) | 0 | 0 | 0 | 0 |
Net income (loss) allocated to assignees | 0 | 0 | 0 | 0 |
Net income (loss) allocated to general partner | $ 0 | $ 0 | $ 0 | $ 0 |
Net income (loss) per BAC | $ 0 | $ 0 | $ 0 | $ 0 |
Series Forty [Member] | ||||
Income | ||||
Interest income | $ 0 | $ 637 | $ 0 | $ 1,332 |
Other income | 0 | 6,639 | 0 | 6,639 |
Revenues | 0 | 7,276 | 0 | 7,971 |
Gain on disposition of Operating Partnerships | 0 | 2,554,005 | 0 | 2,554,005 |
Expenses | ||||
Professional fees | 0 | 17,624 | 0 | 18,281 |
Fund management fee, net (Note C) | 0 | 19,612 | 0 | 33,102 |
General and administrative expenses | 0 | 5,498 | 0 | 10,152 |
Operating expenses | 0 | 42,734 | 0 | 61,535 |
NET INCOME (LOSS) | 0 | 2,518,547 | 0 | 2,500,441 |
Net income (loss) allocated to assignees | 0 | 2,493,362 | 0 | 2,475,437 |
Net income (loss) allocated to general partner | $ 0 | $ 25,185 | $ 0 | $ 25,004 |
Net income (loss) per BAC | $ 0 | $ 0.95 | $ 0 | $ 0.95 |
Series Forty One [Member] | ||||
Income | ||||
Interest income | $ 138 | $ 878 | $ 519 | $ 1,683 |
Other income | 886 | 1,302 | 3,392 | 47,364 |
Revenues | 1,024 | 2,180 | 3,911 | 49,047 |
Gain on disposition of Operating Partnerships | 46,500 | 0 | 46,500 | |
Expenses | ||||
Professional fees | 12,851 | 18,902 | 18,838 | 19,559 |
Fund management fee, net (Note C) | 25,564 | 31,714 | 51,792 | 52,295 |
General and administrative expenses | 8,609 | 5,881 | 14,057 | 10,890 |
Operating expenses | 47,024 | 56,497 | 84,687 | 82,744 |
NET INCOME (LOSS) | 500 | (54,317) | (34,276) | (33,697) |
Net income (loss) allocated to assignees | 495 | (53,774) | (33,933) | (33,360) |
Net income (loss) allocated to general partner | $ 5 | $ (543) | $ (343) | $ (337) |
Net income (loss) per BAC | $ 0 | $ (0.02) | $ (0.01) | $ (0.01) |
Series Forty Two [Member] | ||||
Income | ||||
Interest income | $ 612 | $ 4,826 | $ 1,529 | $ 9,597 |
Other income | 0 | 4,715 | 9,569 | |
Revenues | 612 | 9,541 | 1,529 | 19,166 |
Gain on disposition of Operating Partnerships | 0 | 0 | ||
Expenses | ||||
Professional fees | 14,817 | 21,209 | 20,424 | 21,866 |
Fund management fee, net (Note C) | 19,260 | 23,338 | 38,519 | 45,624 |
General and administrative expenses | 8,533 | 5,708 | 13,684 | 10,535 |
Operating expenses | 42,610 | 50,255 | 72,627 | 78,025 |
NET INCOME (LOSS) | (41,998) | (40,714) | (71,098) | (58,859) |
Net income (loss) allocated to assignees | (41,578) | (40,306) | (70,387) | (58,270) |
Net income (loss) allocated to general partner | $ (420) | $ (408) | $ (711) | $ (589) |
Net income (loss) per BAC | $ (0.02) | $ (0.01) | $ (0.03) | $ (0.02) |
Series Forty Three [Member] | ||||
Income | ||||
Interest income | $ 593 | $ 5,746 | $ 1,812 | $ 7,835 |
Other income | 364 | 4,988 | 1,238 | 5,862 |
Revenues | 957 | 10,734 | 3,050 | 13,697 |
Gain on disposition of Operating Partnerships | 97,800 | 195,000 | 106,800 | 1,255,582 |
Expenses | ||||
Professional fees | 15,992 | 24,014 | 22,554 | 24,671 |
Fund management fee, net (Note C) | 12,676 | 20,125 | 30,254 | 46,236 |
General and administrative expenses | 8,785 | 6,184 | 14,574 | 11,542 |
Operating expenses | 37,453 | 50,323 | 67,382 | 82,449 |
NET INCOME (LOSS) | 61,304 | 155,411 | 42,468 | 1,186,830 |
Net income (loss) allocated to assignees | 60,691 | 153,857 | 42,043 | 1,174,962 |
Net income (loss) allocated to general partner | $ 613 | $ 1,554 | $ 425 | $ 11,868 |
Net income (loss) per BAC | $ 0.02 | $ 0.04 | $ 0.01 | $ 0.32 |
Series Forty Four [Member] | ||||
Income | ||||
Interest income | $ 106 | $ 4,319 | $ 527 | $ 4,904 |
Other income | 11,054 | 11,961 | 11,054 | 12,756 |
Revenues | 11,160 | 16,280 | 11,581 | 17,660 |
Gain on disposition of Operating Partnerships | 0 | 1,560,456 | 2,856,723 | |
Expenses | ||||
Professional fees | 11,676 | 14,791 | 17,283 | 15,448 |
Fund management fee, net (Note C) | 27,041 | 37,351 | 51,136 | 85,282 |
General and administrative expenses | 8,497 | 5,658 | 13,812 | 10,506 |
Operating expenses | 47,214 | 57,800 | 82,231 | 111,236 |
NET INCOME (LOSS) | (36,054) | 1,518,936 | (70,650) | 2,763,147 |
Net income (loss) allocated to assignees | (35,693) | 1,503,747 | (69,943) | 2,735,516 |
Net income (loss) allocated to general partner | $ (361) | $ 15,189 | $ (707) | $ 27,631 |
Net income (loss) per BAC | $ (0.01) | $ 0.56 | $ (0.03) | $ 1.02 |
Series Forty Five [Member] | ||||
Income | ||||
Interest income | $ 137 | $ 3,625 | $ 506 | $ 7,453 |
Other income | 8,199 | 8,725 | 31,189 | 31,039 |
Revenues | 8,336 | 12,350 | 31,695 | 38,492 |
Gain on disposition of Operating Partnerships | 199,692 | 0 | 199,692 | |
Expenses | ||||
Professional fees | 30,940 | 31,242 | 39,597 | 31,899 |
Fund management fee, net (Note C) | 13,068 | 59,591 | 44,572 | 109,435 |
General and administrative expenses | 8,904 | 7,853 | 15,061 | 14,278 |
Operating expenses | 52,912 | 98,686 | 99,230 | 155,612 |
NET INCOME (LOSS) | 155,116 | (86,336) | 132,157 | (117,120) |
Net income (loss) allocated to assignees | 153,564 | (85,473) | 130,835 | (115,949) |
Net income (loss) allocated to general partner | $ 1,552 | $ (863) | $ 1,322 | $ (1,171) |
Net income (loss) per BAC | $ 0.04 | $ (0.02) | $ 0.03 | $ (0.03) |
Series Forty Six [Member] | ||||
Income | ||||
Interest income | $ 213 | $ 1,089 | $ 611 | $ 2,191 |
Other income | 29,148 | 21,984 | 51,119 | 48,364 |
Revenues | 29,361 | 23,073 | 51,730 | 50,555 |
Gain on disposition of Operating Partnerships | 0 | 0 | 68,500 | |
Expenses | ||||
Professional fees | 17,091 | 19,176 | 23,651 | 19,833 |
Fund management fee, net (Note C) | 40,909 | 49,999 | 86,072 | 94,470 |
General and administrative expenses | 9,088 | 5,984 | 14,374 | 11,119 |
Operating expenses | 67,088 | 75,159 | 124,097 | 125,422 |
NET INCOME (LOSS) | (37,727) | (52,086) | (3,867) | (74,867) |
Net income (loss) allocated to assignees | (37,349) | (51,565) | (3,828) | (74,118) |
Net income (loss) allocated to general partner | $ (378) | $ (521) | $ (39) | $ (749) |
Net income (loss) per BAC | $ (0.01) | $ (0.02) | $ 0 | $ (0.02) |
CONDENSED STATEMENTS OF CHANGES
CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT) - USD ($) | Series Twenty [Member]Assignees [Member] | Series Twenty [Member]General Partner [Member] | Series Twenty [Member] | Series Twenty One [Member]Assignees [Member] | Series Twenty One [Member]General Partner [Member] | Series Twenty One [Member] | Series Twenty Two [Member]Assignees [Member] | Series Twenty Two [Member]General Partner [Member] | Series Twenty Two [Member] | Series Twenty Three [Member]Assignees [Member] | Series Twenty Three [Member]General Partner [Member] | Series Twenty Three [Member] | Series Twenty Four [Member]Assignees [Member] | Series Twenty Four [Member]General Partner [Member] | Series Twenty Four [Member] | Series Twenty Five [Member]Assignees [Member] | Series Twenty Five [Member]General Partner [Member] | Series Twenty Five [Member] | Series Twenty Six [Member]Assignees [Member] | Series Twenty Six [Member]General Partner [Member] | Series Twenty Six [Member] | Series Twenty Seven [Member]Assignees [Member] | Series Twenty Seven [Member]General Partner [Member] | Series Twenty Seven [Member] | Series Twenty Eight [Member]Assignees [Member] | Series Twenty Eight [Member]General Partner [Member] | Series Twenty Eight [Member] | Series Twenty Nine [Member]Assignees [Member] | Series Twenty Nine [Member]General Partner [Member] | Series Twenty Nine [Member] | Series Thirty [Member]Assignees [Member] | Series Thirty [Member]General Partner [Member] | Series Thirty [Member] | Series Thirty One [Member]Assignees [Member] | Series Thirty One [Member]General Partner [Member] | Series Thirty One [Member] | Series Thirty Two [Member]Assignees [Member] | Series Thirty Two [Member]General Partner [Member] | Series Thirty Two [Member] | Series Thirty Three [Member]Assignees [Member] | Series Thirty Three [Member]General Partner [Member] | Series Thirty Three [Member] | Series Thirty Four [Member]Assignees [Member] | Series Thirty Four [Member]General Partner [Member] | Series Thirty Four [Member] | Series Thirty Five [Member]Assignees [Member] | Series Thirty Five [Member]General Partner [Member] | Series Thirty Five [Member] | Series Thirty Six [Member]Assignees [Member] | Series Thirty Six [Member]General Partner [Member] | Series Thirty Six [Member] | Series Thirty Seven [Member]Assignees [Member] | Series Thirty Seven [Member]General Partner [Member] | Series Thirty Seven [Member] | Series Thirty Eight [Member]Assignees [Member] | Series Thirty Eight [Member]General Partner [Member] | Series Thirty Eight [Member] | Series Thirty Nine [Member]Assignees [Member] | Series Thirty Nine [Member]General Partner [Member] | Series Thirty Nine [Member] | Series Forty [Member]Assignees [Member] | Series Forty [Member]General Partner [Member] | Series Forty [Member] | Series Forty One [Member]Assignees [Member] | Series Forty One [Member]General Partner [Member] | Series Forty One [Member] | Series Forty Two [Member]Assignees [Member] | Series Forty Two [Member]General Partner [Member] | Series Forty Two [Member] | Series Forty Three [Member]Assignees [Member] | Series Forty Three [Member]General Partner [Member] | Series Forty Three [Member] | Series Forty Four [Member]Assignees [Member] | Series Forty Four [Member]General Partner [Member] | Series Forty Four [Member] | Series Forty Five [Member]Assignees [Member] | Series Forty Five [Member]General Partner [Member] | Series Forty Five [Member] | Series Forty Six [Member]Assignees [Member] | Series Forty Six [Member]General Partner [Member] | Series Forty Six [Member] | Assignees [Member] | General Partner [Member] | Total |
Partners' capital (deficit), Beginning balance at Mar. 31, 2019 | $ (754,767) | $ 754,767 | $ 0 | $ (898,231) | $ 898,231 | $ 0 | $ (2,448,362) | $ 2,448,362 | $ 0 | $ (224,264) | $ 224,264 | $ 0 | $ 577,250 | $ (175,232) | $ 402,018 | $ 219,815 | $ (219,815) | $ 0 | $ 867,237 | $ (312,798) | $ 554,439 | $ 6,641,679 | $ (141,445) | $ 6,500,234 | $ 965,536 | $ (274,931) | $ 690,605 | $ (2,513,222) | $ (367,454) | $ (2,880,676) | $ (883,119) | $ 883,119 | $ 0 | $ 2,313,293 | $ (359,723) | $ 1,953,570 | $ 458,311 | $ (405,839) | $ 52,472 | $ (628,268) | $ (234,407) | $ (862,675) | $ (2,186,040) | $ (325,505) | $ (2,511,545) | $ 4,633,841 | $ (238,067) | $ 4,395,774 | $ 2,670,150 | $ (153,497) | $ 2,516,653 | $ 205,359 | $ (205,359) | $ 0 | $ 1,702,399 | $ (203,293) | $ 1,499,106 | $ 196,043 | $ (196,043) | $ 0 | $ (1,795,123) | $ (245,348) | $ (2,040,471) | $ (1,995,553) | $ (271,842) | $ (2,267,395) | $ 1,539,351 | $ (227,822) | $ 1,311,529 | $ 565,339 | $ (319,058) | $ 246,281 | $ (2,696,719) | $ (267,086) | $ (2,963,805) | $ (1,577,434) | $ (373,168) | $ (1,950,602) | $ (1,297,719) | $ (278,504) | $ (1,576,223) | $ 3,656,782 | $ (587,493) | $ 3,069,289 |
Net income (loss) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (10,805) | (109) | (10,914) | 0 | 0 | 0 | (18,671) | (189) | (18,860) | 9,459 | 96 | 9,555 | (10,566) | (107) | (10,673) | (12,894) | (130) | (13,024) | 0 | 0 | 0 | 637,611 | 6,441 | 644,052 | (13,632) | (138) | (13,770) | (1,411) | (14) | (1,425) | (14,495) | (146) | (14,641) | 2,654 | 27 | 2,681 | 470,864 | 4,756 | 475,620 | 0 | 0 | 0 | 1,430,812 | 14,453 | 1,445,265 | 0 | 0 | 0 | (17,925) | (181) | (18,106) | 20,414 | 206 | 20,620 | (17,964) | (181) | (18,145) | 1,021,105 | 10,314 | 1,031,419 | 1,231,769 | 12,442 | 1,244,211 | (30,476) | (308) | (30,784) | (22,553) | (228) | (22,781) | 4,653,296 | 47,004 | 4,700,300 |
Partners' capital (deficit), Ending balance at Jun. 30, 2019 | (754,767) | 754,767 | 0 | (898,231) | 898,231 | 0 | (2,448,362) | 2,448,362 | 0 | (224,264) | 224,264 | 0 | 566,445 | (175,341) | 391,104 | 219,815 | (219,815) | 0 | 848,566 | (312,987) | 535,579 | 6,651,138 | (141,349) | 6,509,789 | 954,970 | (275,038) | 679,932 | (2,526,116) | (367,584) | (2,893,700) | (883,119) | 883,119 | 0 | 2,950,904 | (353,282) | 2,597,622 | 444,679 | (405,977) | 38,702 | (629,679) | (234,421) | (864,100) | (2,200,535) | (325,651) | (2,526,186) | 4,636,495 | (238,040) | 4,398,455 | 3,141,014 | (148,741) | 2,992,273 | 205,359 | (205,359) | 0 | 3,133,211 | (188,840) | 2,944,371 | 196,043 | (196,043) | 0 | (1,813,048) | (245,529) | (2,058,577) | (1,975,139) | (271,636) | (2,246,775) | 1,521,387 | (228,003) | 1,293,384 | 1,586,444 | (308,744) | 1,277,700 | (1,464,950) | (254,644) | (1,719,594) | (1,607,910) | (373,476) | (1,981,386) | (1,320,272) | (278,732) | (1,599,004) | 8,310,078 | (540,489) | 7,769,589 |
Partners' capital (deficit), Beginning balance at Mar. 31, 2019 | (754,767) | 754,767 | 0 | (898,231) | 898,231 | 0 | (2,448,362) | 2,448,362 | 0 | (224,264) | 224,264 | 0 | 577,250 | (175,232) | 402,018 | 219,815 | (219,815) | 0 | 867,237 | (312,798) | 554,439 | 6,641,679 | (141,445) | 6,500,234 | 965,536 | (274,931) | 690,605 | (2,513,222) | (367,454) | (2,880,676) | (883,119) | 883,119 | 0 | 2,313,293 | (359,723) | 1,953,570 | 458,311 | (405,839) | 52,472 | (628,268) | (234,407) | (862,675) | (2,186,040) | (325,505) | (2,511,545) | 4,633,841 | (238,067) | 4,395,774 | 2,670,150 | (153,497) | 2,516,653 | 205,359 | (205,359) | 0 | 1,702,399 | (203,293) | 1,499,106 | 196,043 | (196,043) | 0 | (1,795,123) | (245,348) | (2,040,471) | (1,995,553) | (271,842) | (2,267,395) | 1,539,351 | (227,822) | 1,311,529 | 565,339 | (319,058) | 246,281 | (2,696,719) | (267,086) | (2,963,805) | (1,577,434) | (373,168) | (1,950,602) | (1,297,719) | (278,504) | (1,576,223) | 3,656,782 | (587,493) | 3,069,289 |
Net income (loss) | 0 | 0 | 0 | 0 | (39,827) | 0 | (56,168) | 800,839 | (30,463) | (42,141) | 0 | 654,911 | (51,389) | 1,423,100 | 216,071 | 132,796 | 465,273 | 0 | 1,442,036 | 0 | 2,500,441 | (33,697) | (58,859) | 1,186,830 | 2,763,147 | (117,120) | (74,867) | 11,080,913 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Partners' capital (deficit), Ending balance at Sep. 30, 2019 | (754,767) | 754,767 | 0 | (898,231) | 898,231 | 0 | (2,448,362) | 2,448,362 | 0 | (224,264) | 224,264 | 0 | 537,821 | (175,630) | 362,191 | 219,815 | (219,815) | 0 | 811,631 | (313,360) | 498,271 | 7,434,510 | (133,437) | 7,301,073 | 935,378 | (275,236) | 660,142 | (2,554,942) | (367,875) | (2,922,817) | (883,119) | 883,119 | 0 | 2,961,655 | (353,174) | 2,608,481 | 407,436 | (406,353) | 1,083 | 780,601 | (220,176) | 560,425 | (1,972,130) | (323,344) | (2,295,474) | 4,765,309 | (236,739) | 4,528,570 | 3,130,770 | (148,844) | 2,981,926 | 205,359 | (205,359) | 0 | 3,130,015 | (188,873) | 2,941,142 | 196,043 | (196,043) | 0 | 680,314 | (220,344) | 459,970 | (2,028,913) | (272,179) | (2,301,092) | 1,481,081 | (228,411) | 1,252,670 | 1,740,301 | (307,190) | 1,433,111 | 38,797 | (239,455) | (200,658) | (1,693,383) | (374,339) | (2,067,722) | (1,371,837) | (279,253) | (1,651,090) | 14,626,888 | (476,686) | 14,150,202 |
Partners' capital (deficit), Beginning balance at Jun. 30, 2019 | (754,767) | 754,767 | 0 | (898,231) | 898,231 | 0 | (2,448,362) | 2,448,362 | 0 | (224,264) | 224,264 | 0 | 566,445 | (175,341) | 391,104 | 219,815 | (219,815) | 0 | 848,566 | (312,987) | 535,579 | 6,651,138 | (141,349) | 6,509,789 | 954,970 | (275,038) | 679,932 | (2,526,116) | (367,584) | (2,893,700) | (883,119) | 883,119 | 0 | 2,950,904 | (353,282) | 2,597,622 | 444,679 | (405,977) | 38,702 | (629,679) | (234,421) | (864,100) | (2,200,535) | (325,651) | (2,526,186) | 4,636,495 | (238,040) | 4,398,455 | 3,141,014 | (148,741) | 2,992,273 | 205,359 | (205,359) | 0 | 3,133,211 | (188,840) | 2,944,371 | 196,043 | (196,043) | 0 | (1,813,048) | (245,529) | (2,058,577) | (1,975,139) | (271,636) | (2,246,775) | 1,521,387 | (228,003) | 1,293,384 | 1,586,444 | (308,744) | 1,277,700 | (1,464,950) | (254,644) | (1,719,594) | (1,607,910) | (373,476) | (1,981,386) | (1,320,272) | (278,732) | (1,599,004) | 8,310,078 | (540,489) | 7,769,589 |
Net income (loss) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (28,624) | (289) | (28,913) | 0 | 0 | 0 | (36,935) | (373) | (37,308) | 783,372 | 7,912 | 791,284 | (19,592) | (198) | (19,790) | (28,826) | (291) | (29,117) | 0 | 0 | 0 | 10,751 | 108 | 10,859 | (37,243) | (376) | (37,619) | 1,410,280 | 14,245 | 1,424,525 | 228,405 | 2,307 | 230,712 | 128,814 | 1,301 | 130,115 | (10,244) | (103) | (10,347) | 0 | 0 | 0 | (3,196) | (33) | (3,229) | 0 | 0 | 0 | 2,493,362 | 25,185 | 2,518,547 | (53,774) | (543) | (54,317) | (40,306) | (408) | (40,714) | 153,857 | 1,554 | 155,411 | 1,503,747 | 15,189 | 1,518,936 | (85,473) | (863) | (86,336) | (51,565) | (521) | (52,086) | 6,316,810 | 63,803 | 6,380,613 |
Partners' capital (deficit), Ending balance at Sep. 30, 2019 | (754,767) | 754,767 | 0 | (898,231) | 898,231 | 0 | (2,448,362) | 2,448,362 | 0 | (224,264) | 224,264 | 0 | 537,821 | (175,630) | 362,191 | 219,815 | (219,815) | 0 | 811,631 | (313,360) | 498,271 | 7,434,510 | (133,437) | 7,301,073 | 935,378 | (275,236) | 660,142 | (2,554,942) | (367,875) | (2,922,817) | (883,119) | 883,119 | 0 | 2,961,655 | (353,174) | 2,608,481 | 407,436 | (406,353) | 1,083 | 780,601 | (220,176) | 560,425 | (1,972,130) | (323,344) | (2,295,474) | 4,765,309 | (236,739) | 4,528,570 | 3,130,770 | (148,844) | 2,981,926 | 205,359 | (205,359) | 0 | 3,130,015 | (188,873) | 2,941,142 | 196,043 | (196,043) | 0 | 680,314 | (220,344) | 459,970 | (2,028,913) | (272,179) | (2,301,092) | 1,481,081 | (228,411) | 1,252,670 | 1,740,301 | (307,190) | 1,433,111 | 38,797 | (239,455) | (200,658) | (1,693,383) | (374,339) | (2,067,722) | (1,371,837) | (279,253) | (1,651,090) | 14,626,888 | (476,686) | 14,150,202 |
Partners' capital (deficit), Beginning balance at Mar. 31, 2020 | (754,767) | 754,767 | 0 | (898,231) | 898,231 | 0 | (2,448,362) | 2,448,362 | 0 | (224,264) | 224,264 | 0 | 173,404 | (173,404) | 0 | 219,815 | (219,815) | 0 | 888,586 | (312,582) | 576,004 | 133,264 | (133,264) | 0 | 275,140 | (275,140) | 0 | (2,581,075) | (368,139) | (2,949,214) | (883,119) | 883,119 | 0 | 353,529 | (353,529) | 0 | 514,959 | (405,267) | 109,692 | 782,102 | (220,161) | 561,941 | (1,973,967) | (323,363) | (2,297,330) | 223,088 | (223,088) | 0 | 148,221 | (148,221) | 0 | 205,359 | (205,359) | 0 | 188,889 | (188,889) | 0 | 196,043 | (196,043) | 0 | 216,900 | (216,900) | 0 | (2,023,466) | (272,124) | (2,295,590) | 1,843,687 | (224,748) | 1,618,939 | 1,723,649 | (307,358) | 1,416,291 | 192,920 | (237,898) | (44,978) | (1,135,758) | (368,707) | (1,504,465) | (1,399,379) | (279,531) | (1,678,910) | (6,042,833) | (444,787) | (6,487,620) |
Net income (loss) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (15,508) | (157) | (15,665) | 0 | 0 | 0 | 0 | 0 | 0 | (7,010) | (71) | (7,081) | 0 | 0 | 0 | 0 | 0 | 0 | (26,064) | (263) | (26,327) | (18,763) | (190) | (18,953) | (16,791) | (170) | (16,961) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (34,428) | (348) | (34,776) | (28,809) | (291) | (29,100) | (18,648) | (188) | (18,836) | (34,250) | (346) | (34,596) | (22,729) | (230) | (22,959) | 33,521 | 339 | 33,860 | (189,479) | (1,915) | (191,394) |
Partners' capital (deficit), Ending balance at Jun. 30, 2020 | (754,767) | 754,767 | (898,231) | 898,231 | (2,448,362) | 2,448,362 | (224,264) | 224,264 | 173,404 | (173,404) | 0 | 219,815 | (219,815) | 873,078 | (312,739) | 560,339 | 133,264 | (133,264) | 275,140 | (275,140) | (2,588,085) | (368,210) | (2,956,295) | (883,119) | 883,119 | 353,529 | (353,529) | 0 | 488,895 | (405,530) | 83,365 | 763,339 | (220,351) | 542,988 | (1,990,758) | (323,533) | (2,314,291) | 223,088 | (223,088) | 0 | 148,221 | (148,221) | 0 | 205,359 | (205,359) | 188,889 | (188,889) | 0 | 196,043 | (196,043) | 216,900 | (216,900) | 0 | (2,057,894) | (272,472) | (2,330,366) | 1,814,878 | (225,039) | 1,589,839 | 1,705,001 | (307,546) | 1,397,455 | 158,670 | (238,244) | (79,574) | (1,158,487) | (368,937) | (1,527,424) | (1,365,858) | (279,192) | (1,645,050) | (6,232,312) | (446,702) | (6,679,014) | ||||||||||
Partners' capital (deficit), Beginning balance at Mar. 31, 2020 | (754,767) | 754,767 | 0 | (898,231) | 898,231 | 0 | (2,448,362) | 2,448,362 | 0 | (224,264) | 224,264 | 0 | 173,404 | (173,404) | 0 | 219,815 | (219,815) | 0 | 888,586 | (312,582) | 576,004 | 133,264 | (133,264) | 0 | 275,140 | (275,140) | 0 | (2,581,075) | (368,139) | (2,949,214) | (883,119) | 883,119 | 0 | 353,529 | (353,529) | 0 | 514,959 | (405,267) | 109,692 | 782,102 | (220,161) | 561,941 | (1,973,967) | (323,363) | (2,297,330) | 223,088 | (223,088) | 0 | 148,221 | (148,221) | 0 | 205,359 | (205,359) | 0 | 188,889 | (188,889) | 0 | 196,043 | (196,043) | 0 | 216,900 | (216,900) | 0 | (2,023,466) | (272,124) | (2,295,590) | 1,843,687 | (224,748) | 1,618,939 | 1,723,649 | (307,358) | 1,416,291 | 192,920 | (237,898) | (44,978) | (1,135,758) | (368,707) | (1,504,465) | (1,399,379) | (279,531) | (1,678,910) | (6,042,833) | (444,787) | (6,487,620) |
Net income (loss) | 0 | 0 | 0 | 0 | 0 | 0 | (41,390) | 0 | 0 | (30,805) | 0 | 0 | (43,279) | (28,440) | (41,173) | 0 | 0 | 0 | 0 | 0 | 0 | (34,276) | (71,098) | 42,468 | (70,650) | 132,157 | (3,867) | (190,353) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Partners' capital (deficit), Ending balance at Sep. 30, 2020 | (754,767) | 754,767 | 0 | (898,231) | 898,231 | 0 | (2,448,362) | 2,448,362 | 0 | (224,264) | 224,264 | 0 | 173,404 | (173,404) | 0 | 219,815 | (219,815) | 0 | 847,610 | (312,996) | 534,614 | 133,264 | (133,264) | 0 | 275,140 | (275,140) | 0 | (2,611,572) | (368,447) | (2,980,019) | (883,119) | 883,119 | 0 | 353,529 | (353,529) | 0 | 472,113 | (405,700) | 66,413 | 753,946 | (220,445) | 533,501 | (2,014,728) | (323,775) | (2,338,503) | 223,088 | (223,088) | 0 | 148,221 | (148,221) | 0 | 205,359 | (205,359) | 0 | 188,889 | (188,889) | 0 | 196,043 | (196,043) | 0 | 216,900 | (216,900) | 0 | (2,057,399) | (272,467) | (2,329,866) | 1,773,300 | (225,459) | 1,547,841 | 1,765,692 | (306,933) | 1,458,759 | 122,977 | (238,605) | (115,628) | (1,004,923) | (367,385) | (1,372,308) | (1,403,207) | (279,570) | (1,682,777) | (6,231,282) | (446,691) | (6,677,973) |
Partners' capital (deficit), Beginning balance at Jun. 30, 2020 | (754,767) | 754,767 | (898,231) | 898,231 | (2,448,362) | 2,448,362 | (224,264) | 224,264 | 173,404 | (173,404) | 0 | 219,815 | (219,815) | 873,078 | (312,739) | 560,339 | 133,264 | (133,264) | 275,140 | (275,140) | (2,588,085) | (368,210) | (2,956,295) | (883,119) | 883,119 | 353,529 | (353,529) | 0 | 488,895 | (405,530) | 83,365 | 763,339 | (220,351) | 542,988 | (1,990,758) | (323,533) | (2,314,291) | 223,088 | (223,088) | 0 | 148,221 | (148,221) | 0 | 205,359 | (205,359) | 188,889 | (188,889) | 0 | 196,043 | (196,043) | 216,900 | (216,900) | 0 | (2,057,894) | (272,472) | (2,330,366) | 1,814,878 | (225,039) | 1,589,839 | 1,705,001 | (307,546) | 1,397,455 | 158,670 | (238,244) | (79,574) | (1,158,487) | (368,937) | (1,527,424) | (1,365,858) | (279,192) | (1,645,050) | (6,232,312) | (446,702) | (6,679,014) | ||||||||||
Net income (loss) | 0 | 0 | 0 | 0 | 0 | 0 | (25,468) | (257) | (25,725) | 0 | 0 | (23,487) | (237) | (23,724) | 0 | 0 | (16,782) | (170) | (16,952) | (9,393) | (94) | (9,487) | (23,970) | (242) | (24,212) | 0 | 0 | 0 | 0 | 0 | 0 | 495 | 5 | 500 | (41,578) | (420) | (41,998) | 60,691 | 613 | 61,304 | (35,693) | (361) | (36,054) | 153,564 | 1,552 | 155,116 | (37,349) | (378) | (37,727) | 1,030 | 11 | 1,041 | ||||||||||||||||||||||||||||||||
Partners' capital (deficit), Ending balance at Sep. 30, 2020 | $ (754,767) | $ 754,767 | $ 0 | $ (898,231) | $ 898,231 | $ 0 | $ (2,448,362) | $ 2,448,362 | $ 0 | $ (224,264) | $ 224,264 | $ 0 | $ 173,404 | $ (173,404) | $ 0 | $ 219,815 | $ (219,815) | $ 0 | $ 847,610 | $ (312,996) | $ 534,614 | $ 133,264 | $ (133,264) | $ 0 | $ 275,140 | $ (275,140) | $ 0 | $ (2,611,572) | $ (368,447) | $ (2,980,019) | $ (883,119) | $ 883,119 | $ 0 | $ 353,529 | $ (353,529) | $ 0 | $ 472,113 | $ (405,700) | $ 66,413 | $ 753,946 | $ (220,445) | $ 533,501 | $ (2,014,728) | $ (323,775) | $ (2,338,503) | $ 223,088 | $ (223,088) | $ 0 | $ 148,221 | $ (148,221) | $ 0 | $ 205,359 | $ (205,359) | $ 0 | $ 188,889 | $ (188,889) | $ 0 | $ 196,043 | $ (196,043) | $ 0 | $ 216,900 | $ (216,900) | $ 0 | $ (2,057,399) | $ (272,467) | $ (2,329,866) | $ 1,773,300 | $ (225,459) | $ 1,547,841 | $ 1,765,692 | $ (306,933) | $ 1,458,759 | $ 122,977 | $ (238,605) | $ (115,628) | $ (1,004,923) | $ (367,385) | $ (1,372,308) | $ (1,403,207) | $ (279,570) | $ (1,682,777) | $ (6,231,282) | $ (446,691) | $ (6,677,973) |
CONDENSED STATEMENTS OF CASH FL
CONDENSED STATEMENTS OF CASH FLOWS - USD ($) | 6 Months Ended | |
Sep. 30, 2020 | Sep. 30, 2019 | |
Cash flows from operating activities: | ||
Net income (loss) | $ (190,353) | $ 11,080,913 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | (430,992) | (11,850,663) |
Changes in assets and liabilities | ||
Increase in other assets | (13,650) | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 9,218 | (9,044) |
(Decrease) Increase in accounts payable affiliates | (108,130) | (2,345,707) |
Net cash provided by (used in) operating activities | (733,907) | (3,124,501) |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 430,992 | 11,850,561 |
Net cash provided by investing activities | 430,992 | 11,850,561 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (302,915) | 8,726,060 |
Cash and cash equivalents, beginning | 6,622,109 | 22,926,529 |
Cash and cash equivalents, ending | 6,319,194 | 31,652,589 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 25,000 |
Series Twenty [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 |
(Decrease) Increase in accounts payable affiliates | 0 | 0 |
Net cash provided by (used in) operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 0 |
Net cash provided by investing activities | 0 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0 | 0 |
Cash and cash equivalents, beginning | 0 | 0 |
Cash and cash equivalents, ending | 0 | 0 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Twenty One [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 |
(Decrease) Increase in accounts payable affiliates | 0 | 0 |
Net cash provided by (used in) operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 0 |
Net cash provided by investing activities | 0 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0 | 0 |
Cash and cash equivalents, beginning | 0 | 0 |
Cash and cash equivalents, ending | 0 | 0 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Twenty Two [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 |
(Decrease) Increase in accounts payable affiliates | 0 | 0 |
Net cash provided by (used in) operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 0 |
Net cash provided by investing activities | 0 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0 | 0 |
Cash and cash equivalents, beginning | 0 | 0 |
Cash and cash equivalents, ending | 0 | 0 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Twenty Three [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 |
(Decrease) Increase in accounts payable affiliates | 0 | 0 |
Net cash provided by (used in) operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 0 |
Net cash provided by investing activities | 0 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0 | 0 |
Cash and cash equivalents, beginning | 0 | 0 |
Cash and cash equivalents, ending | 0 | 0 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Twenty Four [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | (39,827) |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 |
(Decrease) Increase in accounts payable affiliates | 0 | 0 |
Net cash provided by (used in) operating activities | 0 | (39,827) |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 0 |
Net cash provided by investing activities | 0 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0 | (39,827) |
Cash and cash equivalents, beginning | 0 | 402,018 |
Cash and cash equivalents, ending | 0 | 362,191 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Twenty Five [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 |
(Decrease) Increase in accounts payable affiliates | 0 | 0 |
Net cash provided by (used in) operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 0 |
Net cash provided by investing activities | 0 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0 | 0 |
Cash and cash equivalents, beginning | 0 | 0 |
Cash and cash equivalents, ending | 0 | 0 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Twenty Six [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | (41,390) | (56,168) |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 165 | 0 |
(Decrease) Increase in accounts payable affiliates | 4,282 | 0 |
Net cash provided by (used in) operating activities | (36,943) | (56,168) |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 0 |
Net cash provided by investing activities | 0 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (36,943) | (56,168) |
Cash and cash equivalents, beginning | 576,004 | 554,439 |
Cash and cash equivalents, ending | 539,061 | 498,271 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Twenty Seven [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 800,839 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | (776,922) |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 |
(Decrease) Increase in accounts payable affiliates | 0 | 0 |
Net cash provided by (used in) operating activities | 0 | 23,917 |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 776,922 |
Net cash provided by investing activities | 0 | 776,922 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0 | 800,839 |
Cash and cash equivalents, beginning | 0 | 6,500,234 |
Cash and cash equivalents, ending | 0 | 7,301,073 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Twenty Eight [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | (30,463) |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | (7,100) |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 |
(Decrease) Increase in accounts payable affiliates | 0 | 0 |
Net cash provided by (used in) operating activities | 0 | (37,563) |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 7,100 |
Net cash provided by investing activities | 0 | 7,100 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0 | (30,463) |
Cash and cash equivalents, beginning | 0 | 690,605 |
Cash and cash equivalents, ending | 0 | 660,142 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Twenty Nine [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | (30,805) | (42,141) |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | (9,500) | 0 |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 159 | 0 |
(Decrease) Increase in accounts payable affiliates | 13,505 | 14,520 |
Net cash provided by (used in) operating activities | (26,641) | (27,621) |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 9,500 | 0 |
Net cash provided by investing activities | 9,500 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (17,141) | (27,621) |
Cash and cash equivalents, beginning | 157,446 | 196,944 |
Cash and cash equivalents, ending | 140,305 | 169,323 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Thirty [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 |
(Decrease) Increase in accounts payable affiliates | 0 | 0 |
Net cash provided by (used in) operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 0 |
Net cash provided by investing activities | 0 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0 | 0 |
Cash and cash equivalents, beginning | 0 | 0 |
Cash and cash equivalents, ending | 0 | 0 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Thirty One [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 654,911 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | (618,900) |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 |
(Decrease) Increase in accounts payable affiliates | 0 | 0 |
Net cash provided by (used in) operating activities | 0 | 36,011 |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 618,900 |
Net cash provided by investing activities | 0 | 618,900 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0 | 654,911 |
Cash and cash equivalents, beginning | 0 | 1,953,570 |
Cash and cash equivalents, ending | 0 | 2,608,481 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 25,000 |
Series Thirty Two [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | (43,279) | (51,389) |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 163 | 0 |
(Decrease) Increase in accounts payable affiliates | 30,264 | (11,620) |
Net cash provided by (used in) operating activities | (12,852) | (63,009) |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 0 |
Net cash provided by investing activities | 0 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (12,852) | (63,009) |
Cash and cash equivalents, beginning | 193,203 | 272,226 |
Cash and cash equivalents, ending | 180,351 | 209,217 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Thirty Three [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | (28,440) | 1,423,100 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | (1,442,632) |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 89 | 0 |
(Decrease) Increase in accounts payable affiliates | 9,777 | (1,099,287) |
Net cash provided by (used in) operating activities | (18,574) | (1,118,819) |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 1,442,632 |
Net cash provided by investing activities | 0 | 1,442,632 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (18,574) | 323,813 |
Cash and cash equivalents, beginning | 561,941 | 236,612 |
Cash and cash equivalents, ending | 543,367 | 560,425 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Thirty Four [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | (41,173) | 216,071 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | (257,500) |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 122 | 0 |
(Decrease) Increase in accounts payable affiliates | 13,454 | 23,861 |
Net cash provided by (used in) operating activities | (27,597) | (17,568) |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 257,500 |
Net cash provided by investing activities | 0 | 257,500 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (27,597) | 239,932 |
Cash and cash equivalents, beginning | 148,344 | 178,285 |
Cash and cash equivalents, ending | 120,747 | 418,217 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Thirty Five [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 132,796 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | (141,000) |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 |
(Decrease) Increase in accounts payable affiliates | 0 | 0 |
Net cash provided by (used in) operating activities | 0 | (8,204) |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 141,000 |
Net cash provided by investing activities | 0 | 141,000 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0 | 132,796 |
Cash and cash equivalents, beginning | 0 | 4,395,774 |
Cash and cash equivalents, ending | 0 | 4,528,570 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Thirty Six [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 465,273 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | (476,325) |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | (4,900) |
(Decrease) Increase in accounts payable affiliates | 0 | 0 |
Net cash provided by (used in) operating activities | 0 | (15,952) |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 476,325 |
Net cash provided by investing activities | 0 | 476,325 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0 | 460,373 |
Cash and cash equivalents, beginning | 0 | 2,541,359 |
Cash and cash equivalents, ending | 0 | 3,001,732 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Thirty Seven [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 |
(Decrease) Increase in accounts payable affiliates | 0 | 0 |
Net cash provided by (used in) operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 0 |
Net cash provided by investing activities | 0 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0 | 0 |
Cash and cash equivalents, beginning | 0 | 0 |
Cash and cash equivalents, ending | 0 | 0 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Thirty Eight [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 1,442,036 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | (1,463,974) |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 |
(Decrease) Increase in accounts payable affiliates | 0 | 0 |
Net cash provided by (used in) operating activities | 0 | (21,938) |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 1,463,974 |
Net cash provided by investing activities | 0 | 1,463,974 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0 | 1,442,036 |
Cash and cash equivalents, beginning | 0 | 1,499,106 |
Cash and cash equivalents, ending | 0 | 2,941,142 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Thirty Nine [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 |
(Decrease) Increase in accounts payable affiliates | 0 | 0 |
Net cash provided by (used in) operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 0 |
Net cash provided by investing activities | 0 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0 | 0 |
Cash and cash equivalents, beginning | 0 | 0 |
Cash and cash equivalents, ending | 0 | 0 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Forty [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 2,500,441 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | (2,554,005) |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | (4,144) |
(Decrease) Increase in accounts payable affiliates | 0 | (1,148,217) |
Net cash provided by (used in) operating activities | 0 | (1,205,925) |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 2,553,903 |
Net cash provided by investing activities | 0 | 2,553,903 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0 | 1,347,978 |
Cash and cash equivalents, beginning | 0 | 193,344 |
Cash and cash equivalents, ending | 0 | 1,541,322 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Forty One [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | (34,276) | (33,697) |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | (46,500) | 0 |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 2,599 | 0 |
(Decrease) Increase in accounts payable affiliates | 56,378 | 68,154 |
Net cash provided by (used in) operating activities | (21,799) | 34,457 |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 46,500 | 0 |
Net cash provided by investing activities | 46,500 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 24,701 | 34,457 |
Cash and cash equivalents, beginning | 352,239 | 246,214 |
Cash and cash equivalents, ending | 376,940 | 280,671 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Forty Two [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | (71,098) | (58,859) |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 88 | 0 |
(Decrease) Increase in accounts payable affiliates | 19,260 | 0 |
Net cash provided by (used in) operating activities | (51,750) | (58,859) |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 0 |
Net cash provided by investing activities | 0 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (51,750) | (58,859) |
Cash and cash equivalents, beginning | 1,607,893 | 1,300,483 |
Cash and cash equivalents, ending | 1,556,143 | 1,241,624 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Forty Three [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | 42,468 | 1,186,830 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | (106,800) | (1,255,582) |
Changes in assets and liabilities | ||
Increase in other assets | (13,650) | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 15,996 | 0 |
(Decrease) Increase in accounts payable affiliates | 19,371 | (168,259) |
Net cash provided by (used in) operating activities | (42,615) | (237,011) |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 106,800 | 1,255,582 |
Net cash provided by investing activities | 106,800 | 1,255,582 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 64,185 | 1,018,571 |
Cash and cash equivalents, beginning | 1,416,291 | 414,540 |
Cash and cash equivalents, ending | 1,480,476 | 1,433,111 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Forty Four [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | (70,650) | 2,763,147 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | 0 | (2,856,723) |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | (3,907) | 0 |
(Decrease) Increase in accounts payable affiliates | 60,630 | (132,745) |
Net cash provided by (used in) operating activities | (13,927) | (226,321) |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 0 | 2,856,723 |
Net cash provided by investing activities | 0 | 2,856,723 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (13,927) | 2,630,402 |
Cash and cash equivalents, beginning | 321,693 | 113,020 |
Cash and cash equivalents, ending | 307,766 | 2,743,422 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Forty Five [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | 132,157 | (117,120) |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | (199,692) | 0 |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | (6,360) | 0 |
(Decrease) Increase in accounts payable affiliates | (429,873) | 3,288 |
Net cash provided by (used in) operating activities | (503,768) | (113,832) |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 199,692 | 0 |
Net cash provided by investing activities | 199,692 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (304,076) | (113,832) |
Cash and cash equivalents, beginning | 859,371 | 916,581 |
Cash and cash equivalents, ending | 555,295 | 802,749 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | 0 | 0 |
Series Forty Six [Member] | ||
Cash flows from operating activities: | ||
Net income (loss) | (3,867) | (74,867) |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Gain on disposition of Operating Partnerships | (68,500) | 0 |
Changes in assets and liabilities | ||
Increase in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 104 | 0 |
(Decrease) Increase in accounts payable affiliates | 94,822 | 104,598 |
Net cash provided by (used in) operating activities | 22,559 | 29,731 |
Cash flows from investing activities: | ||
Proceeds from the disposition of Operating Partnerships | 68,500 | 0 |
Net cash provided by investing activities | 68,500 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 91,059 | 29,731 |
Cash and cash equivalents, beginning | 427,684 | 321,175 |
Cash and cash equivalents, ending | 518,743 | 350,906 |
Supplemental schedule of noncash investing and financing activities: | ||
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships. | $ 0 | $ 0 |
ORGANIZATION
ORGANIZATION | 6 Months Ended |
Sep. 30, 2020 | |
ORGANIZATION | |
ORGANIZATION | NOTE A – ORGANIZATION Boston Capital Tax Credit Fund IV L.P. (the "Fund") was organized under the laws of the State of Delaware as of October 5, 1993, for the purpose of acquiring, holding, and disposing of limited partnership interests in operating partnerships which will acquire, develop, rehabilitate, operate and own newly constructed, existing or rehabilitated low-income apartment complexes ("Operating Partnerships"). Effective as of June 1, 2001 there was a restructuring and, as a result, the Fund’s general partner was reorganized as follows. The general partner of the Fund continues to be Boston Capital Associates IV L.P., a Delaware limited partnership. The general partner of the general partner of the Fund is BCA Associates Limited Partnership, a Massachusetts limited partnership, whose sole general partner is C&M Management, Inc., a Massachusetts corporation and whose limited partners are Herbert F. Collins and John P. Manning. Mr. Manning is the principal of Boston Capital Partners, Inc. The limited partner of the general partner of the Fund is Capital Investment Holdings, a general partnership whose partners are various officers and employees of Boston Capital Partners, Inc. and its affiliates. The assignor limited partner is BCTC IV Assignor Corp., a Delaware corporation which is now wholly-owned by John P. Manning. Pursuant to the Securities Act of 1933, the Fund filed a Form S‑11 Registration Statement with the Securities and Exchange Commission, effective December 16, 1993, which covered the offering (the "Public Offering") of the Fund’s beneficial assignee certificates ("BACs") representing assignments of units of the beneficial interest of the limited partnership interest of the assignor limited partner. The Fund registered 30,000,000 BACs at $10 per BAC for sale to the public in one or more series. On April 18, 1996, an amendment to Form S‑11 which registered an additional 10,000,000 BACs for sale to the public in one or more series became effective. On April 2, 1998, an amendment to Form S‑11, which registered an additional 25,000,000 BACs for sale to the public in one or more series, became effective. On August 31, 1999, an amendment to Form S‑11, which registered an additional 8,000,000 BACs for sale to the public in one or more series, became effective. On July 26, 2000, an amendment to Form S‑11, which registered an additional 7,500,000 BACs for sale to the public in one or more series, became effective. On July 24, 2001, an amendment to Form S‑11, which registered an additional 7,000,000 BACs for sale to the public in one or more series, became effective. On July 24, 2002, an amendment to Form S–11, which registered an additional 7,000,000 BACs for sale to the public, became effective. On July 1, 2003, an amendment to Form S–11, which registered an additional 7,000,000 BACs for sale to the public, became effective. Below is a summary of the BACs sold and total equity raised, by series, as of the date of this filing: Series Closing Date BACs Sold Equity Raised Series 20 June 24, 1994 3,866,700 $ 38,667,000 Series 21 December 31, 1994 1,892,700 $ 18,927,000 Series 22 December 28, 1994 2,564,400 $ 25,644,000 Series 23 June 23, 1995 3,336,727 $ 33,366,000 Series 24 September 22, 1995 2,169,878 $ 21,697,000 Series 25 December 29, 1995 3,026,109 $ 30,248,000 Series 26 June 25, 1996 3,995,900 $ 39,959,000 Series 27 September 17, 1996 2,460,700 $ 24,607,000 Series 28 January 29, 1997 4,000,738 $ 39,999,000 Series 29 June 10, 1997 3,991,800 $ 39,918,000 Series 30 September 10, 1997 2,651,000 $ 26,490,750 Series 31 January 18, 1998 4,417,857 $ 44,057,750 Series 32 June 23, 1998 4,754,198 $ 47,431,000 Series 33 September 21, 1998 2,636,533 $ 26,362,000 Series 34 February 11, 1999 3,529,319 $ 35,273,000 Series 35 June 28, 1999 3,300,463 $ 33,004,630 Series 36 September 28, 1999 2,106,838 $ 21,068,375 Series 37 January 28, 2000 2,512,500 $ 25,125,000 Series 38 July 31, 2000 2,543,100 $ 25,431,000 Series 39 January 31, 2001 2,292,151 $ 22,921,000 Series 40 July 31, 2001 2,630,256 $ 26,269,256 Series 41 January 31, 2002 2,891,626 $ 28,916,260 Series 42 July 31, 2002 2,744,262 $ 27,442,620 Series 43 December 31, 2002 3,637,987 $ 36,379,870 Series 44 April 30, 2003 2,701,973 $ 27,019,730 Series 45 September 16, 2003 4,014,367 $ 40,143,670 Series 46 December 19, 2003 2,980,998 $ 29,809,980 The Fund concluded its public offering of BACs in the Fund on December 19, 2003. |
ACCOUNTING AND FINANCIAL REPORT
ACCOUNTING AND FINANCIAL REPORTING POLICIES | 6 Months Ended |
Sep. 30, 2020 | |
ACCOUNTING AND FINANCIAL REPORTING POLICIES | |
ACCOUNTING AND FINANCIAL REPORTING POLICIES | NOTE B - ACCOUNTING AND FINANCIAL REPORTING POLICIES The condensed financial statements herein as of September 30, 2020 and for the three and six months then ended have been prepared by the Fund, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission. The Fund accounts for its investments in Operating Partnerships using the equity method, whereby the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. Costs incurred by the Fund in acquiring the investments in the Operating Partnerships are capitalized to the investment account. The Fund’s accounting and financial reporting policies are in conformity with generally accepted accounting principles and include adjustments in interim periods considered necessary for a fair presentation of the results of operations. Such adjustments are of a normal recurring nature. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to these rules and regulations. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Fund’s Annual Report on Form 10‑K for the fiscal year ended March 31, 2020. |
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS | 6 Months Ended |
Sep. 30, 2020 | |
RELATED PARTY TRANSACTIONS | |
RELATED PARTY TRANSACTIONS | NOTE C - RELATED PARTY TRANSACTIONS The Fund has entered into several transactions with various affiliates of the general partner of the Fund, including Boston Capital Holdings Limited Partnership, Boston Capital Securities, Inc., and Boston Capital Asset Management Limited Partnership as follows: An annual fund management fee of .5 percent of the aggregate cost of all apartment complexes owned by the Operating Partnerships has been accrued to Boston Capital Asset Management Limited Partnership. Since reporting fees collected by the various series were added to reserves and not paid to Boston Capital Asset Management Limited Partnership, the amounts accrued are not net of reporting fees received. The fund management fees accrued for the quarters ended September 30, 2020 and 2019, are as follows: 2020 2019 Series 20 $ – $ – Series 21 – – Series 22 – – Series 23 – – Series 24 – 10,299 Series 25 – – Series 26 4,282 13,938 Series 27 – 7,635 Series 28 – 7,296 Series 29 6,651 7,260 Series 30 – – Series 31 – – Series 32 15,132 19,794 Series 33 9,777 13,316 Series 34 6,727 11,496 Series 35 – 9,847 Series 36 – 2,739 Series 37 – – Series 38 – 2,742 Series 39 – – Series 40 – 19,612 Series 41 27,857 34,077 Series 42 19,260 23,790 Series 43 19,371 24,400 Series 44 30,315 48,187 Series 45 38,900 59,644 Series 46 46,333 52,299 $ 224,605 $ 368,371 The fund management fees paid for the six months ended September 30, 2020 and 2019 are as follows: 2020 2019 Series 24 $ – $ 20,598 Series 26 4,282 27,876 Series 27 – 15,270 Series 28 – 14,592 Series 31 – 4,308 Series 32 – 51,208 Series 33 9,777 1,125,921 Series 35 – 20,500 Series 36 – 7,911 Series 38 – 19,323 Series 40 – 1,188,699 Series 42 19,259 47,580 Series 43 21,348 223,770 Series 45 507,673 116,000 $ 562,339 $ 2,883,556 |
INVESTMENTS IN OPERATING PARTNE
INVESTMENTS IN OPERATING PARTNERSHIPS | 6 Months Ended |
Sep. 30, 2020 | |
INVESTMENTS IN OPERATING PARTNERSHIPS | |
INVESTMENTS IN OPERATING PARTNERSHIPS | NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS At September 30, 2020 and 2019, the Fund has limited partnership interests in 55 and 112 Operating Partnerships, respectively, which own or are constructing apartment complexes. The breakdown of Operating Partnerships within the Fund at September 30, 2020 and 2019 are as follows: 2020 2019 Series 20 – – Series 21 – – Series 22 – – Series 23 – – Series 24 – 4 Series 25 – – Series 26 3 8 Series 27 – 2 Series 28 – 3 Series 29 4 5 Series 30 – – Series 31 – – Series 32 3 5 Series 33 2 2 Series 34 2 3 Series 35 – 1 Series 36 – 1 Series 37 – – Series 38 – 1 Series 39 – – Series 40 – 5 Series 41 7 11 Series 42 6 9 Series 43 3 11 Series 44 3 5 Series 45 11 22 Series 46 11 14 55 112 Under the terms of the Fund’s investment in each Operating Partnership, the Fund is required to make capital contributions to the Operating Partnerships. These contributions are payable in installments over several years upon each Operating Partnership achieving specified levels of construction and/or operations. The contributions payable at September 30, 2020 and 2019, are as follows: 2020 2019 Series 29 $ 785 $ 785 Series 32 – 1,229 Series 42 254 254 Series 45 – 16,724 $ 1,039 $ 18,992 During the six months ended September 30, 2020 the Fund disposed of thireen Operating Partnerships. A summary of the dispositions by Series for September 30, 2020 is as follows: Operating Sale of Partnership Underlying Fund Proceeds Interest Operating from Gain on Transferred Partnership Disposition Disposition Series 29 1 — $ 9,500 $ 9,500 Series 41 1 — 46,500 46,500 Series 43 8 — 106,800 106,800 Series 45 1 1 199,692 199,692 Series 46 1 — 68,500 68,500 Total 12 1 $ 430,992 $ 430,992 During the six months ended September 30, 2019 the Fund disposed of fifteen Operating Partnerships. A summary of the dispositions by Series for September 30, 2019 is as follows: Operating Sale of Partnership Underlying Fund Proceeds Interest Operating from Gain on Transferred Partnership Disposition * Disposition Series 27 – 1 $ 776,922 $ 776,922 Series 28 1 - 7,100 7,100 Series 31 – 1 618,900 618,900 Series 33 – 1 1,442,632 1,442,632 Series 34 1 – 257,500 257,500 Series 35 1 – 141,000 141,000 Series 36 – 1 476,325 476,325 Series 38 1 1 1,463,974 1,463,974 Series 40 1 1 2,553,903 2,554,005 Series 43 1 1 1,255,582 1,255,582 Series 44 – 2 2,856,723 2,856,723 Total 6 9 $ 11,850,561 $ 11,850,663 * Fund proceeds from disposition does not include $102, which was due to a writeoff of capital contribution payable as of September 30, 2019, for Series 40. The gain described above is for financial statement purposes only. There are significant differences between the equity method of accounting and the tax reporting of income and losses from Operating Partnership investments. The largest difference is the ability, for tax purposes, to deduct losses in excess of the Fund’s investment in the Operating Partnership. As a result, the amount of gain recognized for tax purposes may be significantly higher than the gain recorded in the financial statements. The Fund’s fiscal year ends March 31st for each year, while all the Operating Partnerships’ fiscal years are the calendar year. Pursuant to the provisions of each Operating Partnership Agreement, financial results for each of the Operating Partnerships are provided to the Fund within 45 days after the close of each Operating Partnership’s quarterly period. Accordingly, the current financial results available for the Operating Partnerships are for the six months ended June 30, 2020. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended September 30, (Unaudited) 2020 2019 Revenues Rental $ 10,846,001 $ 17,098,171 Interest and other 247,297 414,231 11,093,298 17,512,402 Expenses Interest 1,972,450 2,779,787 Depreciation and amortization 2,456,942 4,213,607 Operating expenses 7,446,917 12,566,968 11,876,309 19,560,362 NET INCOME (LOSS) $ (783,011) $ (2,047,960) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (775,180) $ (2,027,484) Net income (loss) allocated to other Partners $ (7,831) $ (20,476) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended March 31, (Unaudited) Series 20 2020 2019 Revenues Rental $ – $ – Interest and other – – – – Expenses Interest – – Depreciation and amortization – – Operating expenses – – – – NET INCOME (LOSS) $ – $ – Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ – Net income (loss) allocated to other Partners $ – $ – The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 21 2020 2019 Revenues Rental $ – $ – Interest and other – – – – Expenses Interest – – Depreciation and amortization – – Operating expenses – – – – NET INCOME (LOSS) $ – $ – Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ – Net income (loss) allocated to other Partners $ – $ – The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 22 2020 2019 Revenues Rental $ - $ – Interest and other – – – – Expenses Interest – – Depreciation and amortization – – Operating expenses – – – – NET INCOME (LOSS) $ – $ – Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ – Net income (loss) allocated to other Partners $ – $ – The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 23 2020 2019 Revenues Rental $ - $ – Interest and other – – – – Expenses Interest – – Depreciation and amortization – – Operating expenses – – – – NET INCOME (LOSS) $ – $ – Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ – Net income (loss) allocated to other Partners $ – $ – The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 24 2020 2019 Revenues Rental $ – $ 422,317 Interest and other – 19,531 – 441,848 Expenses Interest – 36,469 Depreciation and amortization – 118,903 Operating expenses – 354,705 – 510,077 NET INCOME (LOSS) $ – $ (68,229) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ (67,547) Net income (loss) allocated to other Partners $ – $ (682) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 25 2020 2019 Revenues Rental $ – $ – Interest and other – – – – Expenses Interest – – Depreciation and amortization – – Operating expenses – – – – NET INCOME (LOSS) $ – $ – Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ – Net income (loss) allocated to other Partners $ – $ – The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 26 2020 2019 Revenues Rental $ 217,139 $ 605,212 Interest and other 2,449 9,506 219,588 614,718 Expenses Interest 27,332 106,883 Depreciation and amortization 55,156 157,288 Operating expenses 222,991 569,196 305,479 833,367 NET INCOME (LOSS) $ (85,891) $ (218,649) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (85,032) $ (216,463) Net income (loss) allocated to other Partners $ (859) $ (2,186) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 27 2020 2019 Revenues Rental $ – $ 211,201 Interest and other – 125 – 211,326 Expenses Interest – 6,529 Depreciation and amortization – 67,956 Operating expenses – 210,794 – 285,279 NET INCOME (LOSS) $ – $ (73,953) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ (73,213) Net income (loss) allocated to other Partners $ – $ (740) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 28 2020 2019 Revenues Rental $ – $ 263,303 Interest and other – 8,837 – 272,140 Expenses Interest – 64,522 Depreciation and amortization – 69,046 Operating expenses – 209,346 – 342,914 NET INCOME (LOSS) $ – $ (70,774) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ (70,068) Net income (loss) allocated to other Partners $ – $ (706) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 29 2020 2019 Revenues Rental $ 417,945 $ 464,228 Interest and other 12,890 43,983 430,835 508,211 Expenses Interest 67,252 79,653 Depreciation and amortization 74,363 92,325 Operating expenses 369,978 421,661 511,593 593,639 NET INCOME (LOSS) $ (80,758) $ (85,428) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (79,950) $ (84,574) Net income (loss) allocated to other Partners $ (808) $ (854) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 30 2020 2019 Revenues Rental $ — $ – Interest and other — – — – Expenses Interest — – Depreciation and amortization — – Operating expenses — – — – NET INCOME (LOSS) $ — $ – Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ — $ – Net income (loss) allocated to other Partners $ — $ – The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 31 2020 2019 Revenues Rental $ — $ – Interest and other — – — – Expenses Interest — – Depreciation and amortization — – Operating expenses — – — – NET INCOME (LOSS) $ — $ – Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ — $ – Net income (loss) allocated to other Partners $ — $ – The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 32 2020 2019 Revenues Rental $ 585,243 $ 761,862 Interest and other 9,746 13,701 594,989 775,563 Expenses Interest 88,374 125,371 Depreciation and amortization 174,189 219,045 Operating expenses 501,400 613,804 763,963 958,220 NET INCOME (LOSS) $ (168,974) $ (182,657) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (167,284) $ (180,830) Net income (loss) allocated to other Partners $ (1,690) $ (1,827) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 33 2020 2019 Revenues Rental $ 448,911 $ 416,301 Interest and other 15,830 13,138 464,741 429,439 Expenses Interest 74,656 79,953 Depreciation and amortization 96,068 100,726 Operating expenses 345,562 307,186 516,286 487,865 NET INCOME (LOSS) $ (51,545) $ (58,426) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (51,030) $ (57,842) Net income (loss) allocated to other Partners $ (515) $ (584) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 34 2020 2019 Revenues Rental $ 326,724 $ 408,120 Interest and other 11,341 15,105 338,065 423,225 Expenses Interest 49,965 54,704 Depreciation and amortization 76,498 106,772 Operating expenses 280,893 362,170 407,356 523,646 NET INCOME (LOSS) $ (69,291) $ (100,421) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (68,598) $ (99,417) Net income (loss) allocated to other Partners $ (693) $ (1,004) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 35 2020 2019 Revenues Rental $ – $ 404,488 Interest and other – 2,157 – 406,645 Expenses Interest – 58,450 Depreciation and amortization – 131,653 Operating expenses – 218,081 – 408,184 NET INCOME (LOSS) $ – $ (1,539) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ (1,524) Net income (loss) allocated to other Partners $ – $ (15) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 36 2020 2019 Revenues Rental $ – $ 88,773 Interest and other – 810 – 89,583 Expenses Interest – 21,196 Depreciation and amortization – 27,363 Operating expenses – 85,948 – 134,507 NET INCOME (LOSS) $ – $ (44,924) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ (44,475) Net income (loss) allocated to other Partners $ – $ (449) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 37 2020 2019 Revenues Rental $ — $ – Interest and other — – — – Expenses Interest — – Depreciation and amortization — – Operating expenses — – — – NET INCOME (LOSS) $ — $ – Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ — $ – Net income (loss) allocated to other Partners $ — $ – The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 38 2019 2018 Revenues Rental $ – $ 115,212 Interest and other – 887 – 116,099 Expenses Interest – 13,168 Depreciation and amortization – 27,635 Operating expenses – 99,031 – 139,834 NET INCOME (LOSS) $ – $ (23,735) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ (23,498) Net income (loss) allocated to other Partners $ – $ (237) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 39 2020 2019 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ — $ — Net income (loss) allocated to other Partners $ — $ — The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 40 2020 2019 Revenues Rental $ – $ 486,308 Interest and other – 9,251 – 495,559 Expenses Interest – 80,247 Depreciation and amortization – 122,649 Operating expenses – 362,884 – 565,780 NET INCOME (LOSS) $ – $ (70,221) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ (69,519) Net income (loss) allocated to other Partners $ – $ (702) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 41 2020 2019 Revenues Rental $ 1,524,961 $ 1,780,047 Interest and other 38,570 31,950 1,563,531 1,811,997 Expenses Interest 275,662 283,344 Depreciation and amortization 280,652 368,462 Operating expenses 1,014,090 1,294,393 1,570,404 1,946,199 NET INCOME (LOSS) $ (6,873) $ (134,202) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (6,804) $ (132,860) Net income (loss) allocated to other Partners $ (69) $ (1,342) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 42 2020 2019 Revenues Rental $ 964,900 $ 1,131,169 Interest and other 44,353 42,952 1,009,253 1,174,121 Expenses Interest 187,840 217,395 Depreciation and amortization 244,575 323,583 Operating expenses 781,356 851,969 1,213,771 1,392,947 NET INCOME (LOSS) $ (204,518) $ (218,826) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (202,473) $ (216,638) Net income (loss) allocated to other Partners $ (2,045) $ (2,188) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 43 2020 2019 Revenues Rental $ 430,480 $ 1,312,145 Interest and other 13,457 36,262 443,937 1,348,407 Expenses Interest 31,491 113,547 Depreciation and amortization 170,133 372,693 Operating expenses 396,077 1,068,124 597,701 1,554,364 NET INCOME (LOSS) $ (153,764) $ (205,957) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (152,226) $ (203,897) Net income (loss) allocated to other Partners $ (1,538) $ (2,060) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 44 2020 2019 Revenues Rental $ 1,817,906 $ 2,449,364 Interest and other 20,511 51,200 1,838,417 2,500,564 Expenses Interest 435,314 553,571 Depreciation and amortization 339,618 513,484 Operating expenses 786,743 1,447,637 1,561,675 2,514,692 NET INCOME (LOSS) $ 276,742 $ (14,128) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ 273,975 $ (13,987) Net income (loss) allocated to other Partners $ 2,767 $ (141) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 45 2020 2019 Revenues Rental $ 1,786,650 $ 3,290,532 Interest and other 24,785 76,870 1,811,435 3,367,402 Expenses Interest 270,649 404,349 Depreciation and amortization 447,266 826,542 Operating expenses 1,302,011 2,560,676 2,019,926 3,791,567 NET INCOME (LOSS) $ (208,491) $ (424,165) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (206,406) $ (419,923) Net income (loss) allocated to other Partners $ (2,085) $ (4,242) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 46 2020 2019 Revenues Rental $ 2,325,142 $ 2,487,589 Interest and other 53,365 37,966 2,378,507 2,525,555 Expenses Interest 463,915 480,436 Depreciation and amortization 498,424 567,482 Operating expenses 1,445,816 1,529,363 2,408,155 2,577,281 NET INCOME (LOSS) $ (29,648) $ (51,726) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (29,352) $ (51,209) Net income (loss) allocated to other Partners $ (296) $ (517) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. |
TAXABLE LOSS
TAXABLE LOSS | 6 Months Ended |
Sep. 30, 2020 | |
TAXABLE LOSS | |
TAXABLE LOSS | NOTE E - TAXABLE LOSS The Fund’s taxable loss is expected to differ from its loss for financial reporting purposes. This is primarily due to accounting differences in depreciation incurred by the Operating Partnerships and also differences between the equity method of accounting and the IRS accounting methods. |
INCOME TAXES
INCOME TAXES | 6 Months Ended |
Sep. 30, 2020 | |
INCOME TAXES | |
INCOME TAXES | NOTE F - INCOME TAXES The Fund has elected to be treated as a pass-through entity for income tax purposes and, as such, is not subject to income taxes. Rather, all items of taxable income, deductions and tax credits are passed through to and are reported by its owners on their respective income tax returns. The Fund’s federal tax status as a pass-through entity is based on its legal status as a partnership. Accordingly, the Fund is not required to take any tax positions in order to qualify as a pass-through entity. The Fund is required to file and does file tax returns with the Internal Revenue Service and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Fund has no other tax positions, which must be considered for disclosure. Income tax returns filed by the Fund are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since 2016 remain open. |
CONTINGENCY
CONTINGENCY | 6 Months Ended |
Sep. 30, 2020 | |
CONTINGENCY | |
CONTINGENCY | NOTE G – CONTINGENCY The spread of a novel strain of coronavirus (COVID-19) has caused significant business disruptions in the United States beginning February 2020. The economic impact of the business disruptions caused by COVID-19 is uncertain. The extent of any effects these disruptions may have on the operations and financial performance of the Partnership will depend on future developments, including possible impacts on the operations of the underlying real estate of its investments, which cannot be determined. |
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS | 6 Months Ended |
Sep. 30, 2020 | |
SUBSEQUENT EVENTS | |
SUBSEQUENT EVENTS | NOTE H - SUBSEQUENT EVENTS Subsequent to September 30, 2020, the Fund has entered into an agreement to transfer the interest in four operating limited partnerships. The estimated transfer price and other terms for the dispositions of the operating limited partnerships have been determined. The estimated proceeds to be received for the operating limited partnerships are $207,500. The estimated gain on the transfer of the operating limited partnerships are $173,700 and are expected to be recognized in the third quarter of fiscal year ending March 31, 2021. |
ORGANIZATION (Tables)
ORGANIZATION (Tables) | 6 Months Ended |
Sep. 30, 2020 | |
ORGANIZATION | |
Schedule of BACs sold and total equity | Below is a summary of the BACs sold and total equity raised, by series, as of the date of this filing: Series Closing Date BACs Sold Equity Raised Series 20 June 24, 1994 3,866,700 $ 38,667,000 Series 21 December 31, 1994 1,892,700 $ 18,927,000 Series 22 December 28, 1994 2,564,400 $ 25,644,000 Series 23 June 23, 1995 3,336,727 $ 33,366,000 Series 24 September 22, 1995 2,169,878 $ 21,697,000 Series 25 December 29, 1995 3,026,109 $ 30,248,000 Series 26 June 25, 1996 3,995,900 $ 39,959,000 Series 27 September 17, 1996 2,460,700 $ 24,607,000 Series 28 January 29, 1997 4,000,738 $ 39,999,000 Series 29 June 10, 1997 3,991,800 $ 39,918,000 Series 30 September 10, 1997 2,651,000 $ 26,490,750 Series 31 January 18, 1998 4,417,857 $ 44,057,750 Series 32 June 23, 1998 4,754,198 $ 47,431,000 Series 33 September 21, 1998 2,636,533 $ 26,362,000 Series 34 February 11, 1999 3,529,319 $ 35,273,000 Series 35 June 28, 1999 3,300,463 $ 33,004,630 Series 36 September 28, 1999 2,106,838 $ 21,068,375 Series 37 January 28, 2000 2,512,500 $ 25,125,000 Series 38 July 31, 2000 2,543,100 $ 25,431,000 Series 39 January 31, 2001 2,292,151 $ 22,921,000 Series 40 July 31, 2001 2,630,256 $ 26,269,256 Series 41 January 31, 2002 2,891,626 $ 28,916,260 Series 42 July 31, 2002 2,744,262 $ 27,442,620 Series 43 December 31, 2002 3,637,987 $ 36,379,870 Series 44 April 30, 2003 2,701,973 $ 27,019,730 Series 45 September 16, 2003 4,014,367 $ 40,143,670 Series 46 December 19, 2003 2,980,998 $ 29,809,980 |
RELATED PARTY TRANSACTIONS (Tab
RELATED PARTY TRANSACTIONS (Tables) | 6 Months Ended |
Sep. 30, 2020 | |
RELATED PARTY TRANSACTIONS | |
Schedule of fund management fees accrued | The fund management fees accrued for the quarters ended September 30, 2020 and 2019, are as follows: 2020 2019 Series 20 $ – $ – Series 21 – – Series 22 – – Series 23 – – Series 24 – 10,299 Series 25 – – Series 26 4,282 13,938 Series 27 – 7,635 Series 28 – 7,296 Series 29 6,651 7,260 Series 30 – – Series 31 – – Series 32 15,132 19,794 Series 33 9,777 13,316 Series 34 6,727 11,496 Series 35 – 9,847 Series 36 – 2,739 Series 37 – – Series 38 – 2,742 Series 39 – – Series 40 – 19,612 Series 41 27,857 34,077 Series 42 19,260 23,790 Series 43 19,371 24,400 Series 44 30,315 48,187 Series 45 38,900 59,644 Series 46 46,333 52,299 $ 224,605 $ 368,371 |
Schedule of management fees paid | The fund management fees paid for the six months ended September 30, 2020 and 2019 are as follows: 2020 2019 Series 24 $ – $ 20,598 Series 26 4,282 27,876 Series 27 – 15,270 Series 28 – 14,592 Series 31 – 4,308 Series 32 – 51,208 Series 33 9,777 1,125,921 Series 35 – 20,500 Series 36 – 7,911 Series 38 – 19,323 Series 40 – 1,188,699 Series 42 19,259 47,580 Series 43 21,348 223,770 Series 45 507,673 116,000 $ 562,339 $ 2,883,556 |
INVESTMENTS IN OPERATING PART_2
INVESTMENTS IN OPERATING PARTNERSHIPS (Tables) | 6 Months Ended |
Sep. 30, 2020 | |
INVESTMENTS IN OPERATING PARTNERSHIPS | |
Schedule of operating partnerships within the fund | The breakdown of Operating Partnerships within the Fund at September 30, 2020 and 2019 are as follows: 2020 2019 Series 20 – – Series 21 – – Series 22 – – Series 23 – – Series 24 – 4 Series 25 – – Series 26 3 8 Series 27 – 2 Series 28 – 3 Series 29 4 5 Series 30 – – Series 31 – – Series 32 3 5 Series 33 2 2 Series 34 2 3 Series 35 – 1 Series 36 – 1 Series 37 – – Series 38 – 1 Series 39 – – Series 40 – 5 Series 41 7 11 Series 42 6 9 Series 43 3 11 Series 44 3 5 Series 45 11 22 Series 46 11 14 55 112 |
Schedule of contributions payable | The contributions payable at September 30, 2020 and 2019, are as follows: 2020 2019 Series 29 $ 785 $ 785 Series 32 – 1,229 Series 42 254 254 Series 45 – 16,724 $ 1,039 $ 18,992 |
Schedule of dispositions by series | During the six months ended September 30, 2020 the Fund disposed of thireen Operating Partnerships. A summary of the dispositions by Series for September 30, 2020 is as follows: Operating Sale of Partnership Underlying Fund Proceeds Interest Operating from Gain on Transferred Partnership Disposition Disposition Series 29 1 — $ 9,500 $ 9,500 Series 41 1 — 46,500 46,500 Series 43 8 — 106,800 106,800 Series 45 1 1 199,692 199,692 Series 46 1 — 68,500 68,500 Total 12 1 $ 430,992 $ 430,992 During the six months ended September 30, 2019 the Fund disposed of fifteen Operating Partnerships. A summary of the dispositions by Series for September 30, 2019 is as follows: Operating Sale of Partnership Underlying Fund Proceeds Interest Operating from Gain on Transferred Partnership Disposition * Disposition Series 27 – 1 $ 776,922 $ 776,922 Series 28 1 - 7,100 7,100 Series 31 – 1 618,900 618,900 Series 33 – 1 1,442,632 1,442,632 Series 34 1 – 257,500 257,500 Series 35 1 – 141,000 141,000 Series 36 – 1 476,325 476,325 Series 38 1 1 1,463,974 1,463,974 Series 40 1 1 2,553,903 2,554,005 Series 43 1 1 1,255,582 1,255,582 Series 44 – 2 2,856,723 2,856,723 Total 6 9 $ 11,850,561 $ 11,850,663 * Fund proceeds from disposition does not include $102, which was due to a writeoff of capital contribution payable as of September 30, 2019, for Series 40. |
Schedule of summarized statement of operations in operating partnerships. | Accordingly, the current financial results available for the Operating Partnerships are for the six months ended June 30, 2020. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended September 30, (Unaudited) 2020 2019 Revenues Rental $ 10,846,001 $ 17,098,171 Interest and other 247,297 414,231 11,093,298 17,512,402 Expenses Interest 1,972,450 2,779,787 Depreciation and amortization 2,456,942 4,213,607 Operating expenses 7,446,917 12,566,968 11,876,309 19,560,362 NET INCOME (LOSS) $ (783,011) $ (2,047,960) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (775,180) $ (2,027,484) Net income (loss) allocated to other Partners $ (7,831) $ (20,476) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended March 31, (Unaudited) Series 20 2020 2019 Revenues Rental $ – $ – Interest and other – – – – Expenses Interest – – Depreciation and amortization – – Operating expenses – – – – NET INCOME (LOSS) $ – $ – Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ – Net income (loss) allocated to other Partners $ – $ – The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 21 2020 2019 Revenues Rental $ – $ – Interest and other – – – – Expenses Interest – – Depreciation and amortization – – Operating expenses – – – – NET INCOME (LOSS) $ – $ – Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ – Net income (loss) allocated to other Partners $ – $ – The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 22 2020 2019 Revenues Rental $ - $ – Interest and other – – – – Expenses Interest – – Depreciation and amortization – – Operating expenses – – – – NET INCOME (LOSS) $ – $ – Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ – Net income (loss) allocated to other Partners $ – $ – The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 23 2020 2019 Revenues Rental $ - $ – Interest and other – – – – Expenses Interest – – Depreciation and amortization – – Operating expenses – – – – NET INCOME (LOSS) $ – $ – Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ – Net income (loss) allocated to other Partners $ – $ – The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 24 2020 2019 Revenues Rental $ – $ 422,317 Interest and other – 19,531 – 441,848 Expenses Interest – 36,469 Depreciation and amortization – 118,903 Operating expenses – 354,705 – 510,077 NET INCOME (LOSS) $ – $ (68,229) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ (67,547) Net income (loss) allocated to other Partners $ – $ (682) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 25 2020 2019 Revenues Rental $ – $ – Interest and other – – – – Expenses Interest – – Depreciation and amortization – – Operating expenses – – – – NET INCOME (LOSS) $ – $ – Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ – Net income (loss) allocated to other Partners $ – $ – The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 26 2020 2019 Revenues Rental $ 217,139 $ 605,212 Interest and other 2,449 9,506 219,588 614,718 Expenses Interest 27,332 106,883 Depreciation and amortization 55,156 157,288 Operating expenses 222,991 569,196 305,479 833,367 NET INCOME (LOSS) $ (85,891) $ (218,649) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (85,032) $ (216,463) Net income (loss) allocated to other Partners $ (859) $ (2,186) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 27 2020 2019 Revenues Rental $ – $ 211,201 Interest and other – 125 – 211,326 Expenses Interest – 6,529 Depreciation and amortization – 67,956 Operating expenses – 210,794 – 285,279 NET INCOME (LOSS) $ – $ (73,953) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ (73,213) Net income (loss) allocated to other Partners $ – $ (740) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 28 2020 2019 Revenues Rental $ – $ 263,303 Interest and other – 8,837 – 272,140 Expenses Interest – 64,522 Depreciation and amortization – 69,046 Operating expenses – 209,346 – 342,914 NET INCOME (LOSS) $ – $ (70,774) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ (70,068) Net income (loss) allocated to other Partners $ – $ (706) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 29 2020 2019 Revenues Rental $ 417,945 $ 464,228 Interest and other 12,890 43,983 430,835 508,211 Expenses Interest 67,252 79,653 Depreciation and amortization 74,363 92,325 Operating expenses 369,978 421,661 511,593 593,639 NET INCOME (LOSS) $ (80,758) $ (85,428) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (79,950) $ (84,574) Net income (loss) allocated to other Partners $ (808) $ (854) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 30 2020 2019 Revenues Rental $ — $ – Interest and other — – — – Expenses Interest — – Depreciation and amortization — – Operating expenses — – — – NET INCOME (LOSS) $ — $ – Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ — $ – Net income (loss) allocated to other Partners $ — $ – The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 31 2020 2019 Revenues Rental $ — $ – Interest and other — – — – Expenses Interest — – Depreciation and amortization — – Operating expenses — – — – NET INCOME (LOSS) $ — $ – Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ — $ – Net income (loss) allocated to other Partners $ — $ – The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 32 2020 2019 Revenues Rental $ 585,243 $ 761,862 Interest and other 9,746 13,701 594,989 775,563 Expenses Interest 88,374 125,371 Depreciation and amortization 174,189 219,045 Operating expenses 501,400 613,804 763,963 958,220 NET INCOME (LOSS) $ (168,974) $ (182,657) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (167,284) $ (180,830) Net income (loss) allocated to other Partners $ (1,690) $ (1,827) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 33 2020 2019 Revenues Rental $ 448,911 $ 416,301 Interest and other 15,830 13,138 464,741 429,439 Expenses Interest 74,656 79,953 Depreciation and amortization 96,068 100,726 Operating expenses 345,562 307,186 516,286 487,865 NET INCOME (LOSS) $ (51,545) $ (58,426) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (51,030) $ (57,842) Net income (loss) allocated to other Partners $ (515) $ (584) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 34 2020 2019 Revenues Rental $ 326,724 $ 408,120 Interest and other 11,341 15,105 338,065 423,225 Expenses Interest 49,965 54,704 Depreciation and amortization 76,498 106,772 Operating expenses 280,893 362,170 407,356 523,646 NET INCOME (LOSS) $ (69,291) $ (100,421) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (68,598) $ (99,417) Net income (loss) allocated to other Partners $ (693) $ (1,004) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 35 2020 2019 Revenues Rental $ – $ 404,488 Interest and other – 2,157 – 406,645 Expenses Interest – 58,450 Depreciation and amortization – 131,653 Operating expenses – 218,081 – 408,184 NET INCOME (LOSS) $ – $ (1,539) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ (1,524) Net income (loss) allocated to other Partners $ – $ (15) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 36 2020 2019 Revenues Rental $ – $ 88,773 Interest and other – 810 – 89,583 Expenses Interest – 21,196 Depreciation and amortization – 27,363 Operating expenses – 85,948 – 134,507 NET INCOME (LOSS) $ – $ (44,924) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ (44,475) Net income (loss) allocated to other Partners $ – $ (449) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 37 2020 2019 Revenues Rental $ — $ – Interest and other — – — – Expenses Interest — – Depreciation and amortization — – Operating expenses — – — – NET INCOME (LOSS) $ — $ – Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ — $ – Net income (loss) allocated to other Partners $ — $ – The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 38 2019 2018 Revenues Rental $ – $ 115,212 Interest and other – 887 – 116,099 Expenses Interest – 13,168 Depreciation and amortization – 27,635 Operating expenses – 99,031 – 139,834 NET INCOME (LOSS) $ – $ (23,735) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ (23,498) Net income (loss) allocated to other Partners $ – $ (237) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 39 2020 2019 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ — $ — Net income (loss) allocated to other Partners $ — $ — The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 40 2020 2019 Revenues Rental $ – $ 486,308 Interest and other – 9,251 – 495,559 Expenses Interest – 80,247 Depreciation and amortization – 122,649 Operating expenses – 362,884 – 565,780 NET INCOME (LOSS) $ – $ (70,221) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ – $ (69,519) Net income (loss) allocated to other Partners $ – $ (702) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 41 2020 2019 Revenues Rental $ 1,524,961 $ 1,780,047 Interest and other 38,570 31,950 1,563,531 1,811,997 Expenses Interest 275,662 283,344 Depreciation and amortization 280,652 368,462 Operating expenses 1,014,090 1,294,393 1,570,404 1,946,199 NET INCOME (LOSS) $ (6,873) $ (134,202) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (6,804) $ (132,860) Net income (loss) allocated to other Partners $ (69) $ (1,342) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 42 2020 2019 Revenues Rental $ 964,900 $ 1,131,169 Interest and other 44,353 42,952 1,009,253 1,174,121 Expenses Interest 187,840 217,395 Depreciation and amortization 244,575 323,583 Operating expenses 781,356 851,969 1,213,771 1,392,947 NET INCOME (LOSS) $ (204,518) $ (218,826) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (202,473) $ (216,638) Net income (loss) allocated to other Partners $ (2,045) $ (2,188) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 43 2020 2019 Revenues Rental $ 430,480 $ 1,312,145 Interest and other 13,457 36,262 443,937 1,348,407 Expenses Interest 31,491 113,547 Depreciation and amortization 170,133 372,693 Operating expenses 396,077 1,068,124 597,701 1,554,364 NET INCOME (LOSS) $ (153,764) $ (205,957) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (152,226) $ (203,897) Net income (loss) allocated to other Partners $ (1,538) $ (2,060) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 44 2020 2019 Revenues Rental $ 1,817,906 $ 2,449,364 Interest and other 20,511 51,200 1,838,417 2,500,564 Expenses Interest 435,314 553,571 Depreciation and amortization 339,618 513,484 Operating expenses 786,743 1,447,637 1,561,675 2,514,692 NET INCOME (LOSS) $ 276,742 $ (14,128) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ 273,975 $ (13,987) Net income (loss) allocated to other Partners $ 2,767 $ (141) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 45 2020 2019 Revenues Rental $ 1,786,650 $ 3,290,532 Interest and other 24,785 76,870 1,811,435 3,367,402 Expenses Interest 270,649 404,349 Depreciation and amortization 447,266 826,542 Operating expenses 1,302,011 2,560,676 2,019,926 3,791,567 NET INCOME (LOSS) $ (208,491) $ (424,165) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (206,406) $ (419,923) Net income (loss) allocated to other Partners $ (2,085) $ (4,242) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Six Months Ended June 30, (Unaudited) Series 46 2020 2019 Revenues Rental $ 2,325,142 $ 2,487,589 Interest and other 53,365 37,966 2,378,507 2,525,555 Expenses Interest 463,915 480,436 Depreciation and amortization 498,424 567,482 Operating expenses 1,445,816 1,529,363 2,408,155 2,577,281 NET INCOME (LOSS) $ (29,648) $ (51,726) Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. $ (29,352) $ (51,209) Net income (loss) allocated to other Partners $ (296) $ (517) The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income |
ORGANIZATION - BACs sold and to
ORGANIZATION - BACs sold and total equity (Details) - USD ($) | 6 Months Ended | |
Sep. 30, 2020 | Mar. 31, 2020 | |
Capital Unit | ||
BACs Sold | 83,651,080 | 83,651,080 |
Series Twenty [Member] | ||
Capital Unit | ||
Closing Date | Jun. 24, 1994 | |
BACs Sold | 3,866,700 | 3,866,700 |
Equity Raised | $ 38,667,000 | |
Series Twenty One [Member] | ||
Capital Unit | ||
Closing Date | Dec. 31, 1994 | |
BACs Sold | 1,892,700 | 1,892,700 |
Equity Raised | $ 18,927,000 | |
Series Twenty Two [Member] | ||
Capital Unit | ||
Closing Date | Dec. 28, 1994 | |
BACs Sold | 2,564,400 | 2,564,400 |
Equity Raised | $ 25,644,000 | |
Series Twenty Three [Member] | ||
Capital Unit | ||
Closing Date | Jun. 23, 1995 | |
BACs Sold | 3,336,727 | 3,336,727 |
Equity Raised | $ 33,366,000 | |
Series Twenty Four [Member] | ||
Capital Unit | ||
Closing Date | Sep. 22, 1995 | |
BACs Sold | 2,169,878 | 2,169,878 |
Equity Raised | $ 21,697,000 | |
Series Twenty Five [Member] | ||
Capital Unit | ||
Closing Date | Dec. 29, 1995 | |
BACs Sold | 3,026,109 | 3,026,109 |
Equity Raised | $ 30,248,000 | |
Series Twenty Six [Member] | ||
Capital Unit | ||
Closing Date | Jun. 25, 1996 | |
BACs Sold | 3,995,900 | 3,995,900 |
Equity Raised | $ 39,959,000 | |
Series Twenty Seven [Member] | ||
Capital Unit | ||
Closing Date | Sep. 17, 1996 | |
BACs Sold | 2,460,700 | 2,460,700 |
Equity Raised | $ 24,607,000 | |
Series Twenty Eight [Member] | ||
Capital Unit | ||
Closing Date | Jan. 29, 1997 | |
BACs Sold | 4,000,738 | 4,000,738 |
Equity Raised | $ 39,999,000 | |
Series Twenty Nine [Member] | ||
Capital Unit | ||
Closing Date | Jun. 10, 1997 | |
BACs Sold | 3,991,800 | 3,991,800 |
Equity Raised | $ 39,918,000 | |
Series Thirty [Member] | ||
Capital Unit | ||
Closing Date | Sep. 10, 1997 | |
BACs Sold | 2,651,000 | 2,651,000 |
Equity Raised | $ 26,490,750 | |
Series Thirty One [Member] | ||
Capital Unit | ||
Closing Date | Jan. 18, 1998 | |
BACs Sold | 4,417,857 | 4,417,857 |
Equity Raised | $ 44,057,750 | |
Series Thirty Two [Member] | ||
Capital Unit | ||
Closing Date | Jun. 23, 1998 | |
BACs Sold | 4,754,198 | 4,754,198 |
Equity Raised | $ 47,431,000 | |
Series Thirty Three [Member] | ||
Capital Unit | ||
Closing Date | Sep. 21, 1998 | |
BACs Sold | 2,636,533 | 2,636,533 |
Equity Raised | $ 26,362,000 | |
Series Thirty Four [Member] | ||
Capital Unit | ||
Closing Date | Feb. 11, 1999 | |
BACs Sold | 3,529,319 | 3,529,319 |
Equity Raised | $ 35,273,000 | |
Series Thirty Five [Member] | ||
Capital Unit | ||
Closing Date | Jun. 28, 1999 | |
BACs Sold | 3,300,463 | 3,300,463 |
Equity Raised | $ 33,004,630 | |
Series Thirty Six [Member] | ||
Capital Unit | ||
Closing Date | Sep. 28, 1999 | |
BACs Sold | 2,106,838 | 2,106,838 |
Equity Raised | $ 21,068,375 | |
Series Thirty Seven [Member] | ||
Capital Unit | ||
Closing Date | Jan. 28, 2000 | |
BACs Sold | 2,512,500 | 2,512,500 |
Equity Raised | $ 25,125,000 | |
Series Thirty Eight [Member] | ||
Capital Unit | ||
Closing Date | Jul. 31, 2000 | |
BACs Sold | 2,543,100 | 2,543,100 |
Equity Raised | $ 25,431,000 | |
Series Thirty Nine [Member] | ||
Capital Unit | ||
Closing Date | Jan. 31, 2001 | |
BACs Sold | 2,292,151 | 2,292,151 |
Equity Raised | $ 22,921,000 | |
Series Forty [Member] | ||
Capital Unit | ||
Closing Date | Jul. 31, 2001 | |
BACs Sold | 2,630,256 | 2,630,256 |
Equity Raised | $ 26,269,256 | |
Series Forty One [Member] | ||
Capital Unit | ||
Closing Date | Jan. 31, 2002 | |
BACs Sold | 2,891,626 | 2,891,626 |
Equity Raised | $ 28,916,260 | |
Series Forty Two [Member] | ||
Capital Unit | ||
Closing Date | Jul. 31, 2002 | |
BACs Sold | 2,744,262 | 2,744,262 |
Equity Raised | $ 27,442,620 | |
Series Forty Three [Member] | ||
Capital Unit | ||
Closing Date | Dec. 31, 2002 | |
BACs Sold | 3,637,987 | 3,637,987 |
Equity Raised | $ 36,379,870 | |
Series Forty Four [Member] | ||
Capital Unit | ||
Closing Date | Apr. 30, 2003 | |
BACs Sold | 2,701,973 | 2,701,973 |
Equity Raised | $ 27,019,730 | |
Series Forty Five [Member] | ||
Capital Unit | ||
Closing Date | Sep. 16, 2003 | |
BACs Sold | 4,014,367 | 4,014,367 |
Equity Raised | $ 40,143,670 | |
Series Forty Six [Member] | ||
Capital Unit | ||
Closing Date | Dec. 19, 2003 | |
BACs Sold | 2,980,998 | 2,980,998 |
Equity Raised | $ 29,809,980 |
ORGANIZATION - Additional Infor
ORGANIZATION - Additional Information (Details) | 1 Months Ended | |||||||
Oct. 31, 2002item | Oct. 31, 2001item | Oct. 31, 2000item | Oct. 31, 1999item | Nov. 30, 1998item | Jul. 31, 1997item | Jul. 31, 1995item | Mar. 31, 1993item | |
ORGANIZATION | ||||||||
Limited Partners Capital Account Per Units | 10 | |||||||
Units of limited partnership interest, authorized | 30,000,000 | |||||||
Limited Partners Capital Account Additional Units Registered For Sale | 7,000,000 | 7,000,000 | 7,000,000 | 7,500,000 | 8,000,000 | 25,000,000 | 10,000,000 |
RELATED PARTY TRANSACTIONS - Fu
RELATED PARTY TRANSACTIONS - Fund management fees accrued (Details) - USD ($) | 6 Months Ended | |
Sep. 30, 2020 | Sep. 30, 2019 | |
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | $ 224,605 | $ 368,371 |
Series Twenty [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 0 |
Series Twenty One [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 0 |
Series Twenty Two [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 0 |
Series Twenty Three [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 0 |
Series Twenty Four [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 10,299 |
Series Twenty Five [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 0 |
Series Twenty Six [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 4,282 | 13,938 |
Series Twenty Seven [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 7,635 |
Series Twenty Eight [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 7,296 |
Series Twenty Nine [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 6,651 | 7,260 |
Series Thirty [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 0 |
Series Thirty One [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 0 |
Series Thirty Two [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 15,132 | 19,794 |
Series Thirty Three [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 9,777 | 13,316 |
Series Thirty Four [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 6,727 | 11,496 |
Series Thirty Five [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 9,847 |
Series Thirty Six [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 2,739 |
Series Thirty Seven [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 0 |
Series Thirty Eight [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 2,742 |
Series Thirty Nine [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 0 |
Series Forty [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 19,612 |
Series Forty One [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 27,857 | 34,077 |
Series Forty Two [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 19,260 | 23,790 |
Series Forty Three [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 19,371 | 24,400 |
Series Forty Four [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 30,315 | 48,187 |
Series Forty Five [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 38,900 | 59,644 |
Series Forty Six [Member] | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | $ 46,333 | $ 52,299 |
RELATED PARTY TRANSACTIONS - _2
RELATED PARTY TRANSACTIONS - Fund management fees paid (Details) - USD ($) | 6 Months Ended | |
Sep. 30, 2020 | Sep. 30, 2019 | |
Related Party Transaction [Line Items] | ||
Fund management fees paid | $ 562,339 | $ 2,883,556 |
Series Twenty Four [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 0 | 20,598 |
Series Twenty Six [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 4,282 | 27,876 |
Series Twenty Seven [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 0 | 15,270 |
Series Twenty Eight [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 0 | 14,592 |
Series Thirty One [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 0 | 4,308 |
Series Thirty Two [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 0 | 51,208 |
Series Thirty Three [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 9,777 | 1,125,921 |
Series Thirty Five [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 0 | 20,500 |
Series Thirty Six [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 0 | 7,911 |
Series Thirty Eight [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 0 | 19,323 |
Series Forty [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 0 | 1,188,699 |
Series Forty Two [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 19,259 | 47,580 |
Series Forty Three [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 21,348 | 223,770 |
Series Forty Five [Member] | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | $ 507,673 | $ 116,000 |
RELATED PARTY TRANSACTIONS - Ad
RELATED PARTY TRANSACTIONS - Additional Information (Details) | 6 Months Ended |
Sep. 30, 2020 | |
RELATED PARTY TRANSACTIONS | |
Percentage Of Annual Management Fee | 0.50% |
INVESTMENTS IN OPERATING PART_3
INVESTMENTS IN OPERATING PARTNERSHIPS - Operating Partnerships within the Fund (Details) - item | Sep. 30, 2020 | Sep. 30, 2019 |
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 55 | 112 |
Series Twenty [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series Twenty One [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series Twenty Two [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series Twenty Three [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series Twenty Four [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 4 |
Series Twenty Five [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series Twenty Six [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 3 | 8 |
Series Twenty Seven [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 2 |
Series Twenty Eight [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 3 |
Series Twenty Nine [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 4 | 5 |
Series Thirty [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series Thirty One [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series Thirty Two [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 3 | 5 |
Series Thirty Three [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 2 | 2 |
Series Thirty Four [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 2 | 3 |
Series Thirty Five [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 1 |
Series Thirty Six [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 1 |
Series Thirty Seven [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series Thirty Eight [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 1 |
Series Thirty Nine [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series Forty [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 5 |
Series Forty One [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 7 | 11 |
Series Forty Two [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 6 | 9 |
Series Forty Three [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 3 | 11 |
Series Forty Four [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 3 | 5 |
Series Forty Five [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 11 | 22 |
Series Forty Six [Member] | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 11 | 14 |
INVESTMENTS IN OPERATING PART_4
INVESTMENTS IN OPERATING PARTNERSHIPS - Contributions payable (Details) - USD ($) | Sep. 30, 2020 | Mar. 31, 2020 | Sep. 30, 2019 |
Contributions Payable | |||
Capital contributions payable | $ 1,039 | $ 1,039 | $ 18,992 |
Series Twenty Nine [Member] | |||
Contributions Payable | |||
Capital contributions payable | 785 | 785 | 785 |
Series Thirty Two [Member] | |||
Contributions Payable | |||
Capital contributions payable | 0 | 0 | 1,229 |
Series Forty [Member] | |||
Contributions Payable | |||
Capital contributions payable | 0 | 0 | |
Series Forty Two [Member] | |||
Contributions Payable | |||
Capital contributions payable | 254 | 254 | 254 |
Series Forty Five [Member] | |||
Contributions Payable | |||
Capital contributions payable | $ 0 | $ 0 | $ 16,724 |
INVESTMENTS IN OPERATING PART_5
INVESTMENTS IN OPERATING PARTNERSHIPS - Dispositions by series (Details) | 6 Months Ended | |
Sep. 30, 2020USD ($)item | Sep. 30, 2019USD ($)item | |
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 12 | 6 |
Sale of Underlying Operating Partnership | item | 1 | 9 |
Fund Proceeds from Disposition | $ | $ 430,992 | $ 11,850,561 |
Gain on Disposition | $ | 430,992 | $ 11,850,663 |
Series Twenty Seven [Member] | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 0 | |
Sale of Underlying Operating Partnership | item | 1 | |
Fund Proceeds from Disposition | $ | 0 | $ 776,922 |
Gain on Disposition | $ | $ 776,922 | |
Series Twenty Eight [Member] | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 1 | |
Sale of Underlying Operating Partnership | item | 0 | |
Fund Proceeds from Disposition | $ | $ 0 | $ 7,100 |
Gain on Disposition | $ | 7,100 | |
Series Twenty Nine [Member] | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 1 | |
Sale of Underlying Operating Partnership | item | 0 | |
Fund Proceeds from Disposition | $ | $ 9,500 | $ 0 |
Gain on Disposition | $ | 9,500 | |
Series Thirty One [Member] | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 0 | |
Sale of Underlying Operating Partnership | item | 1 | |
Fund Proceeds from Disposition | $ | 0 | $ 618,900 |
Gain on Disposition | $ | $ 618,900 | |
Series Thirty Three [Member] | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 0 | |
Sale of Underlying Operating Partnership | item | 1 | |
Fund Proceeds from Disposition | $ | 0 | $ 1,442,632 |
Gain on Disposition | $ | $ 1,442,632 | |
Series Thirty Four [Member] | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 1 | |
Sale of Underlying Operating Partnership | item | 0 | |
Fund Proceeds from Disposition | $ | 0 | $ 257,500 |
Gain on Disposition | $ | $ 257,500 | |
Series Thirty Five [Member] | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 1 | |
Sale of Underlying Operating Partnership | item | 0 | |
Fund Proceeds from Disposition | $ | 0 | $ 141,000 |
Gain on Disposition | $ | $ 141,000 | |
Series Thirty Six [Member] | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 0 | |
Sale of Underlying Operating Partnership | item | 1 | |
Fund Proceeds from Disposition | $ | 0 | $ 476,325 |
Gain on Disposition | $ | $ 476,325 | |
Series Thirty Eight [Member] | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 1 | |
Sale of Underlying Operating Partnership | item | 1 | |
Fund Proceeds from Disposition | $ | 0 | $ 1,463,974 |
Gain on Disposition | $ | $ 1,463,974 | |
Series Forty [Member] | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 1 | |
Sale of Underlying Operating Partnership | item | 1 | |
Fund Proceeds from Disposition | $ | $ 0 | $ 2,553,903 |
Gain on Disposition | $ | 2,554,005 | |
Series Forty One [Member] | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 1 | |
Sale of Underlying Operating Partnership | item | 0 | |
Fund Proceeds from Disposition | $ | $ 46,500 | $ 0 |
Gain on Disposition | $ | $ 46,500 | |
Series Forty Three [Member] | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 8 | 1 |
Sale of Underlying Operating Partnership | item | 0 | 1 |
Fund Proceeds from Disposition | $ | $ 106,800 | $ 1,255,582 |
Gain on Disposition | $ | 106,800 | $ 1,255,582 |
Series Forty Four [Member] | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 0 | |
Sale of Underlying Operating Partnership | item | 2 | |
Fund Proceeds from Disposition | $ | $ 0 | $ 2,856,723 |
Gain on Disposition | $ | 2,856,723 | |
Series Forty Five [Member] | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 1 | |
Sale of Underlying Operating Partnership | item | 1 | |
Fund Proceeds from Disposition | $ | $ 199,692 | 0 |
Gain on Disposition | $ | $ 199,692 | |
Series Forty Six [Member] | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 1 | |
Sale of Underlying Operating Partnership | item | 0 | |
Fund Proceeds from Disposition | $ | $ 68,500 | $ 0 |
Gain on Disposition | $ | $ 68,500 |
INVESTMENTS IN OPERATING PART_6
INVESTMENTS IN OPERATING PARTNERSHIPS - Current financial results available for the Operating Partnerships (Details) - USD ($) | 6 Months Ended | |
Sep. 30, 2020 | Sep. 30, 2019 | |
Revenues | ||
Rental | $ 10,846,001 | $ 17,098,171 |
Interest and other | 247,297 | 414,231 |
Operating Partnerships Revenues | 11,093,298 | 17,512,402 |
Expenses | ||
Interest | 1,972,450 | 2,779,787 |
Depreciation and amortization | 2,456,942 | 4,213,607 |
Operating expenses | 7,446,917 | 12,566,968 |
Operating Partnerships Total Expenses | 11,876,309 | 19,560,362 |
NET INCOME (LOSS) | (783,011) | (2,047,960) |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | (775,180) | (2,027,484) |
Net income (loss) allocated to other partners | (7,831) | (20,476) |
Series Twenty [Member] | ||
Revenues | ||
Rental | 0 | 0 |
Interest and other | 0 | 0 |
Operating Partnerships Revenues | 0 | 0 |
Expenses | ||
Interest | 0 | 0 |
Depreciation and amortization | 0 | 0 |
Operating expenses | 0 | 0 |
Operating Partnerships Total Expenses | 0 | 0 |
NET INCOME (LOSS) | 0 | 0 |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other partners | 0 | 0 |
Series Twenty One [Member] | ||
Revenues | ||
Rental | 0 | 0 |
Interest and other | 0 | 0 |
Operating Partnerships Revenues | 0 | 0 |
Expenses | ||
Interest | 0 | 0 |
Depreciation and amortization | 0 | 0 |
Operating expenses | 0 | 0 |
Operating Partnerships Total Expenses | 0 | 0 |
NET INCOME (LOSS) | 0 | 0 |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other partners | 0 | 0 |
Series Twenty Two [Member] | ||
Revenues | ||
Rental | 0 | 0 |
Interest and other | 0 | 0 |
Operating Partnerships Revenues | 0 | 0 |
Expenses | ||
Interest | 0 | 0 |
Depreciation and amortization | 0 | 0 |
Operating expenses | 0 | 0 |
Operating Partnerships Total Expenses | 0 | 0 |
NET INCOME (LOSS) | 0 | 0 |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other partners | 0 | 0 |
Series Twenty Three [Member] | ||
Revenues | ||
Rental | 0 | 0 |
Interest and other | 0 | 0 |
Operating Partnerships Revenues | 0 | 0 |
Expenses | ||
Interest | 0 | 0 |
Depreciation and amortization | 0 | 0 |
Operating expenses | 0 | 0 |
Operating Partnerships Total Expenses | 0 | 0 |
NET INCOME (LOSS) | 0 | 0 |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other partners | 0 | 0 |
Series Twenty Four [Member] | ||
Revenues | ||
Rental | 0 | 422,317 |
Interest and other | 0 | 19,531 |
Operating Partnerships Revenues | 0 | 441,848 |
Expenses | ||
Interest | 0 | 36,469 |
Depreciation and amortization | 0 | 118,903 |
Operating expenses | 0 | 354,705 |
Operating Partnerships Total Expenses | 0 | 510,077 |
NET INCOME (LOSS) | 0 | (68,229) |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | (67,547) |
Net income (loss) allocated to other partners | 0 | (682) |
Series Twenty Five [Member] | ||
Revenues | ||
Rental | 0 | 0 |
Interest and other | 0 | 0 |
Operating Partnerships Revenues | 0 | 0 |
Expenses | ||
Interest | 0 | 0 |
Depreciation and amortization | 0 | 0 |
Operating expenses | 0 | 0 |
Operating Partnerships Total Expenses | 0 | 0 |
NET INCOME (LOSS) | 0 | 0 |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other partners | 0 | 0 |
Series Twenty Six [Member] | ||
Revenues | ||
Rental | 217,139 | 605,212 |
Interest and other | 2,449 | 9,506 |
Operating Partnerships Revenues | 219,588 | 614,718 |
Expenses | ||
Interest | 27,332 | 106,883 |
Depreciation and amortization | 55,156 | 157,288 |
Operating expenses | 222,991 | 569,196 |
Operating Partnerships Total Expenses | 305,479 | 833,367 |
NET INCOME (LOSS) | (85,891) | (218,649) |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | (85,032) | (216,463) |
Net income (loss) allocated to other partners | (859) | (2,186) |
Series Twenty Seven [Member] | ||
Revenues | ||
Rental | 0 | 211,201 |
Interest and other | 0 | 125 |
Operating Partnerships Revenues | 0 | 211,326 |
Expenses | ||
Interest | 0 | 6,529 |
Depreciation and amortization | 0 | 67,956 |
Operating expenses | 0 | 210,794 |
Operating Partnerships Total Expenses | 0 | 285,279 |
NET INCOME (LOSS) | 0 | (73,953) |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | (73,213) |
Net income (loss) allocated to other partners | 0 | (740) |
Series Twenty Eight [Member] | ||
Revenues | ||
Rental | 0 | 263,303 |
Interest and other | 0 | 8,837 |
Operating Partnerships Revenues | 0 | 272,140 |
Expenses | ||
Interest | 0 | 64,522 |
Depreciation and amortization | 0 | 69,046 |
Operating expenses | 0 | 209,346 |
Operating Partnerships Total Expenses | 0 | 342,914 |
NET INCOME (LOSS) | 0 | (70,774) |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | (70,068) |
Net income (loss) allocated to other partners | 0 | (706) |
Series Twenty Nine [Member] | ||
Revenues | ||
Rental | 417,945 | 464,228 |
Interest and other | 12,890 | 43,983 |
Operating Partnerships Revenues | 430,835 | 508,211 |
Expenses | ||
Interest | 67,252 | 79,653 |
Depreciation and amortization | 74,363 | 92,325 |
Operating expenses | 369,978 | 421,661 |
Operating Partnerships Total Expenses | 511,593 | 593,639 |
NET INCOME (LOSS) | (80,758) | (85,428) |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | (79,950) | (84,574) |
Net income (loss) allocated to other partners | (808) | (854) |
Series Thirty [Member] | ||
Revenues | ||
Rental | 0 | 0 |
Interest and other | 0 | 0 |
Operating Partnerships Revenues | 0 | 0 |
Expenses | ||
Interest | 0 | 0 |
Depreciation and amortization | 0 | 0 |
Operating expenses | 0 | 0 |
Operating Partnerships Total Expenses | 0 | 0 |
NET INCOME (LOSS) | 0 | 0 |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other partners | 0 | 0 |
Series Thirty One [Member] | ||
Revenues | ||
Rental | 0 | 0 |
Interest and other | 0 | 0 |
Operating Partnerships Revenues | 0 | 0 |
Expenses | ||
Interest | 0 | 0 |
Depreciation and amortization | 0 | 0 |
Operating expenses | 0 | 0 |
Operating Partnerships Total Expenses | 0 | 0 |
NET INCOME (LOSS) | 0 | 0 |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other partners | 0 | 0 |
Series Thirty Two [Member] | ||
Revenues | ||
Rental | 585,243 | 761,862 |
Interest and other | 9,746 | 13,701 |
Operating Partnerships Revenues | 594,989 | 775,563 |
Expenses | ||
Interest | 88,374 | 125,371 |
Depreciation and amortization | 174,189 | 219,045 |
Operating expenses | 501,400 | 613,804 |
Operating Partnerships Total Expenses | 763,963 | 958,220 |
NET INCOME (LOSS) | (168,974) | (182,657) |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | (167,284) | (180,830) |
Net income (loss) allocated to other partners | (1,690) | (1,827) |
Series Thirty Three [Member] | ||
Revenues | ||
Rental | 448,911 | 416,301 |
Interest and other | 15,830 | 13,138 |
Operating Partnerships Revenues | 464,741 | 429,439 |
Expenses | ||
Interest | 74,656 | 79,953 |
Depreciation and amortization | 96,068 | 100,726 |
Operating expenses | 345,562 | 307,186 |
Operating Partnerships Total Expenses | 516,286 | 487,865 |
NET INCOME (LOSS) | (51,545) | (58,426) |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | (51,030) | (57,842) |
Net income (loss) allocated to other partners | (515) | (584) |
Series Thirty Four [Member] | ||
Revenues | ||
Rental | 326,724 | 408,120 |
Interest and other | 11,341 | 15,105 |
Operating Partnerships Revenues | 338,065 | 423,225 |
Expenses | ||
Interest | 49,965 | 54,704 |
Depreciation and amortization | 76,498 | 106,772 |
Operating expenses | 280,893 | 362,170 |
Operating Partnerships Total Expenses | 407,356 | 523,646 |
NET INCOME (LOSS) | (69,291) | (100,421) |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | (68,598) | (99,417) |
Net income (loss) allocated to other partners | (693) | (1,004) |
Series Thirty Five [Member] | ||
Revenues | ||
Rental | 0 | 404,488 |
Interest and other | 0 | 2,157 |
Operating Partnerships Revenues | 0 | 406,645 |
Expenses | ||
Interest | 0 | 58,450 |
Depreciation and amortization | 0 | 131,653 |
Operating expenses | 0 | 218,081 |
Operating Partnerships Total Expenses | 0 | 408,184 |
NET INCOME (LOSS) | 0 | (1,539) |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | (1,524) |
Net income (loss) allocated to other partners | 0 | (15) |
Series Thirty Six [Member] | ||
Revenues | ||
Rental | 0 | 88,773 |
Interest and other | 0 | 810 |
Operating Partnerships Revenues | 0 | 89,583 |
Expenses | ||
Interest | 0 | 21,196 |
Depreciation and amortization | 0 | 27,363 |
Operating expenses | 0 | 85,948 |
Operating Partnerships Total Expenses | 0 | 134,507 |
NET INCOME (LOSS) | 0 | (44,924) |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | (44,475) |
Net income (loss) allocated to other partners | 0 | (449) |
Series Thirty Seven [Member] | ||
Revenues | ||
Rental | 0 | 0 |
Interest and other | 0 | 0 |
Operating Partnerships Revenues | 0 | 0 |
Expenses | ||
Interest | 0 | 0 |
Depreciation and amortization | 0 | 0 |
Operating expenses | 0 | 0 |
Operating Partnerships Total Expenses | 0 | 0 |
NET INCOME (LOSS) | 0 | 0 |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other partners | 0 | 0 |
Series Thirty Eight [Member] | ||
Revenues | ||
Rental | 0 | 115,212 |
Interest and other | 0 | 887 |
Operating Partnerships Revenues | 0 | 116,099 |
Expenses | ||
Interest | 0 | 13,168 |
Depreciation and amortization | 0 | 27,635 |
Operating expenses | 0 | 99,031 |
Operating Partnerships Total Expenses | 0 | 139,834 |
NET INCOME (LOSS) | 0 | (23,735) |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | (23,498) |
Net income (loss) allocated to other partners | 0 | (237) |
Series Thirty Nine [Member] | ||
Revenues | ||
Rental | 0 | 0 |
Interest and other | 0 | 0 |
Operating Partnerships Revenues | 0 | 0 |
Expenses | ||
Interest | 0 | 0 |
Depreciation and amortization | 0 | 0 |
Operating expenses | 0 | 0 |
Operating Partnerships Total Expenses | 0 | 0 |
NET INCOME (LOSS) | 0 | 0 |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other partners | 0 | 0 |
Series Forty [Member] | ||
Revenues | ||
Rental | 0 | 486,308 |
Interest and other | 0 | 9,251 |
Operating Partnerships Revenues | 0 | 495,559 |
Expenses | ||
Interest | 0 | 80,247 |
Depreciation and amortization | 0 | 122,649 |
Operating expenses | 0 | 362,884 |
Operating Partnerships Total Expenses | 0 | 565,780 |
NET INCOME (LOSS) | 0 | (70,221) |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | 0 | (69,519) |
Net income (loss) allocated to other partners | 0 | (702) |
Series Forty One [Member] | ||
Revenues | ||
Rental | 1,524,961 | 1,780,047 |
Interest and other | 38,570 | 31,950 |
Operating Partnerships Revenues | 1,563,531 | 1,811,997 |
Expenses | ||
Interest | 275,662 | 283,344 |
Depreciation and amortization | 280,652 | 368,462 |
Operating expenses | 1,014,090 | 1,294,393 |
Operating Partnerships Total Expenses | 1,570,404 | 1,946,199 |
NET INCOME (LOSS) | (6,873) | (134,202) |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | (6,804) | (132,860) |
Net income (loss) allocated to other partners | (69) | (1,342) |
Series Forty Two [Member] | ||
Revenues | ||
Rental | 964,900 | 1,131,169 |
Interest and other | 44,353 | 42,952 |
Operating Partnerships Revenues | 1,009,253 | 1,174,121 |
Expenses | ||
Interest | 187,840 | 217,395 |
Depreciation and amortization | 244,575 | 323,583 |
Operating expenses | 781,356 | 851,969 |
Operating Partnerships Total Expenses | 1,213,771 | 1,392,947 |
NET INCOME (LOSS) | (204,518) | (218,826) |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | (202,473) | (216,638) |
Net income (loss) allocated to other partners | (2,045) | (2,188) |
Series Forty Three [Member] | ||
Revenues | ||
Rental | 430,480 | 1,312,145 |
Interest and other | 13,457 | 36,262 |
Operating Partnerships Revenues | 443,937 | 1,348,407 |
Expenses | ||
Interest | 31,491 | 113,547 |
Depreciation and amortization | 170,133 | 372,693 |
Operating expenses | 396,077 | 1,068,124 |
Operating Partnerships Total Expenses | 597,701 | 1,554,364 |
NET INCOME (LOSS) | (153,764) | (205,957) |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | (152,226) | (203,897) |
Net income (loss) allocated to other partners | (1,538) | (2,060) |
Series Forty Four [Member] | ||
Revenues | ||
Rental | 1,817,906 | 2,449,364 |
Interest and other | 20,511 | 51,200 |
Operating Partnerships Revenues | 1,838,417 | 2,500,564 |
Expenses | ||
Interest | 435,314 | 553,571 |
Depreciation and amortization | 339,618 | 513,484 |
Operating expenses | 786,743 | 1,447,637 |
Operating Partnerships Total Expenses | 1,561,675 | 2,514,692 |
NET INCOME (LOSS) | 276,742 | (14,128) |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | 273,975 | (13,987) |
Net income (loss) allocated to other partners | 2,767 | (141) |
Series Forty Five [Member] | ||
Revenues | ||
Rental | 1,786,650 | 3,290,532 |
Interest and other | 24,785 | 76,870 |
Operating Partnerships Revenues | 1,811,435 | 3,367,402 |
Expenses | ||
Interest | 270,649 | 404,349 |
Depreciation and amortization | 447,266 | 826,542 |
Operating expenses | 1,302,011 | 2,560,676 |
Operating Partnerships Total Expenses | 2,019,926 | 3,791,567 |
NET INCOME (LOSS) | (208,491) | (424,165) |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | (206,406) | (419,923) |
Net income (loss) allocated to other partners | (2,085) | (4,242) |
Series Forty Six [Member] | ||
Revenues | ||
Rental | 2,325,142 | 2,487,589 |
Interest and other | 53,365 | 37,966 |
Operating Partnerships Revenues | 2,378,507 | 2,525,555 |
Expenses | ||
Interest | 463,915 | 480,436 |
Depreciation and amortization | 498,424 | 567,482 |
Operating expenses | 1,445,816 | 1,529,363 |
Operating Partnerships Total Expenses | 2,408,155 | 2,577,281 |
NET INCOME (LOSS) | (29,648) | (51,726) |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. | (29,352) | (51,209) |
Net income (loss) allocated to other partners | $ (296) | $ (517) |
INVESTMENTS IN OPERATING PART_7
INVESTMENTS IN OPERATING PARTNERSHIPS - Additional Information (Details) | 6 Months Ended |
Sep. 30, 2019USD ($) | |
Series Forty [Member] | |
Investments In Operating Limited Partnerships | |
Write Off Of Capital Contribution Payable | $ 102 |
SUBSEQUENT EVENTS (Details)
SUBSEQUENT EVENTS (Details) | Oct. 01, 2020item | Dec. 31, 2020USD ($) | Sep. 30, 2020item | Sep. 30, 2019item |
Subsequent Event | ||||
Operating Partnership Interest Transferred | item | 12 | 6 | ||
Subsequent Event [Member] | ||||
Subsequent Event | ||||
Operating Partnership Interest Transferred | item | 4 | |||
Estimated Cash Proceeds To Operating Partnership | $ | $ 207,500 | |||
Estimated Gain On The Sale Of The Operating Partnerships | $ | $ 173,700 |