Document And Entity Information
Document And Entity Information | 9 Months Ended |
Dec. 31, 2021shares | |
Cover [Abstract] | |
Document Type | 10-Q |
Document Quarterly Report | true |
Document Period End Date | Dec. 31, 2021 |
Document Transition Report | false |
Entity Registrant Name | BF GARDEN TAX CREDIT FUND IV L.P. |
Entity File Number | 0-26200 |
Entity Incorporation, State or Country Code | DE |
Entity Tax Identification Number | 04-3208648 |
Entity Address, Address Line One | 101 Arch Street |
Entity Address, Address Line Two | 13th Floor |
Entity Address, City or Town | Boston |
Entity Address, State or Province | MA |
Entity Address, Postal Zip Code | 02110 |
City Area Code | 888 |
Local Phone Number | 773-1487 |
Title of 12(b) Security | None |
No Trading Symbol Flag | true |
Security Exchange Name | NONE |
Entity Current Reporting Status | Yes |
Entity Interactive Data Current | Yes |
Entity Filer Category | Non-accelerated Filer |
Entity Small Business | true |
Entity Emerging Growth Company | false |
Entity Shell Company | false |
Entity Common Stock, Shares Outstanding | 0 |
Amendment Flag | false |
Entity Central Index Key | 0000913778 |
Current Fiscal Year End Date | --03-31 |
Document Fiscal Year Focus | 2022 |
Document Fiscal Period Focus | Q3 |
CONDENSED BALANCE SHEETS
CONDENSED BALANCE SHEETS - USD ($) | Dec. 31, 2021 | Mar. 31, 2021 |
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | $ 0 | $ 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 4,915,322 | 10,819,585 |
Other assets | 6,789 | 10,829 |
ASSETS | 4,922,111 | 10,830,414 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 27 |
Accounts payable affiliates (Note C) | 11,482,092 | 12,664,070 |
Capital contributions payable | 785 | 785 |
LIABILITIES | 11,482,877 | 12,664,882 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees | (6,189,318) | (1,450,880) |
General Partner | (371,448) | (383,588) |
PARTNERS' CAPITAL (DEFICIT) | (6,560,766) | (1,834,468) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 4,922,111 | 10,830,414 |
Series 20 | ||
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 | (754,767) | (754,767) |
General Partner | 754,767 | 754,767 |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series 21 | ||
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 | (898,231) | (898,231) |
General Partner | 898,231 | 898,231 |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series 22 | ||
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 | (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 23 | ||
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 | (224,264) | (224,264) |
General Partner | 224,264 | 224,264 |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series 24 | ||
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 | 173,404 | 173,404 |
General Partner | (173,404) | (173,404) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series 25 | ||
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 | 219,815 | 219,815 |
General Partner | (219,815) | (219,815) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series 26 | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 531,027 |
Other assets | 0 | 75 |
ASSETS | 0 | 531,102 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 2,199 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 2,199 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees | 313,969 | 841,956 |
General Partner | (313,969) | (313,053) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 528,903 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 531,102 |
Series 27 | ||
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 | 133,264 | 133,264 |
General Partner | (133,264) | (133,264) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series 28 | ||
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 | 275,140 | 275,140 |
General Partner | (275,140) | (275,140) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series 29 | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 117,979 | 164,236 |
Other assets | 2,500 | 2,148 |
ASSETS | 120,479 | 166,384 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 3,107,662 | 3,127,627 |
Capital contributions payable | 785 | 785 |
LIABILITIES | 3,108,447 | 3,128,412 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees | (2,619,442) | (2,593,761) |
General Partner | (368,526) | (368,267) |
PARTNERS' CAPITAL (DEFICIT) | (2,987,968) | (2,962,028) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 120,479 | 166,384 |
Series 30 | ||
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 | (883,119) | (883,119) |
General Partner | 883,119 | 883,119 |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series 31 | ||
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 | 353,529 | 353,529 |
General Partner | (353,529) | (353,529) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series 32 | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 2,640,414 |
Other assets | 0 | 74 |
ASSETS | 0 | 2,640,488 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 4,847 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 4,847 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees | 380,821 | 3,015,649 |
General Partner | (380,821) | (380,008) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 2,635,641 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 2,640,488 |
Series 33 | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 0 | 3,040,636 |
Other assets | 0 | 74 |
ASSETS | 0 | 3,040,710 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 0 | 4,992 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 0 | 4,992 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees | 196,294 | 3,231,141 |
General Partner | (196,294) | (195,423) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 3,035,718 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 3,040,710 |
Series 34 | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 91,661 | 129,067 |
Other assets | 0 | 74 |
ASSETS | 91,661 | 129,141 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 2,483,645 | 2,469,776 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 2,483,645 | 2,469,776 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees | (2,067,675) | (2,016,839) |
General Partner | (324,309) | (323,796) |
PARTNERS' CAPITAL (DEFICIT) | (2,391,984) | (2,340,635) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 91,661 | 129,141 |
Series 35 | ||
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 | 223,088 | 223,088 |
General Partner | (223,088) | (223,088) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series 36 | ||
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 | 148,221 | 148,221 |
General Partner | (148,221) | (148,221) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series 37 | ||
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 | 205,359 | 205,359 |
General Partner | (205,359) | (205,359) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series 38 | ||
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 | 188,889 | 188,889 |
General Partner | (188,889) | (188,889) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series 39 | ||
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 | 196,043 | 196,043 |
General Partner | (196,043) | (196,043) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series 40 | ||
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 | 216,900 | 216,900 |
General Partner | (216,900) | (216,900) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series 41 | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 334,163 | 408,743 |
Other assets | 0 | 437 |
ASSETS | 334,163 | 409,180 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 1 |
Accounts payable affiliates (Note C) | 2,717,527 | 2,690,845 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 2,717,527 | 2,690,846 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees | (2,110,362) | (2,009,681) |
General Partner | (273,002) | (271,985) |
PARTNERS' CAPITAL (DEFICIT) | (2,383,364) | (2,281,666) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 334,163 | 409,180 |
Series 42 | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 2,377,116 | 2,318,856 |
Other assets | 501 | 82 |
ASSETS | 2,377,617 | 2,318,938 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 48,886 | 36,736 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 48,886 | 36,736 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees | 2,546,381 | 2,500,317 |
General Partner | (217,650) | (218,115) |
PARTNERS' CAPITAL (DEFICIT) | 2,328,731 | 2,282,202 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 2,377,617 | 2,318,938 |
Series 43 | ||
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 | 306,854 | 306,854 |
General Partner | (306,854) | (306,854) |
PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 0 | 0 |
Series 44 | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 1,238,678 | 842,738 |
Other assets | 0 | 205 |
ASSETS | 1,238,678 | 842,943 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 26 |
Accounts payable affiliates (Note C) | 20,334 | 399,489 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 20,334 | 399,515 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees | 1,443,609 | 676,442 |
General Partner | (225,265) | (233,014) |
PARTNERS' CAPITAL (DEFICIT) | 1,218,344 | 443,428 |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 1,238,678 | 842,943 |
Series 45 | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 297,031 | 294,663 |
Other assets | 0 | 2,627 |
ASSETS | 297,031 | 297,290 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 1,126,333 | 1,744,673 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 1,126,333 | 1,744,673 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees | (467,347) | (1,079,247) |
General Partner | (361,955) | (368,136) |
PARTNERS' CAPITAL (DEFICIT) | (829,302) | (1,447,383) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | 297,031 | 297,290 |
Series 46 | ||
ASSETS | ||
INVESTMENTS IN OPERATING PARTNERSHIPS | 0 | 0 |
OTHER ASSETS | ||
Cash and cash equivalents | 458,694 | 449,205 |
Other assets | 3,788 | 5,033 |
ASSETS | 462,482 | 454,238 |
LIABILITIES | ||
Accounts payable and accrued expenses | 0 | 0 |
Accounts payable affiliates (Note C) | 1,977,705 | 2,182,886 |
Capital contributions payable | 0 | 0 |
LIABILITIES | 1,977,705 | 2,182,886 |
PARTNERS' CAPITAL (DEFICIT) | ||
Assignees | (1,237,329) | (1,448,620) |
General Partner | (277,894) | (280,028) |
PARTNERS' CAPITAL (DEFICIT) | (1,515,223) | (1,728,648) |
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT) | $ 462,482 | $ 454,238 |
CONDENSED BALANCE SHEETS (Paren
CONDENSED BALANCE SHEETS (Parenthetical) - $ / shares | Dec. 31, 2021 | Mar. 31, 2021 |
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 | 82,874,653 | 82,874,653 |
Series 20 | ||
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 21 | ||
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 22 | ||
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 23 | ||
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 24 | ||
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 25 | ||
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 26 | ||
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 | 3,926,374 | 3,926,374 |
Series 27 | ||
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 28 | ||
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 29 | ||
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 | 3,911,725 | 3,911,725 |
Series 30 | ||
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 31 | ||
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 32 | ||
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 | 4,706,298 | 4,706,298 |
Series 33 | ||
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 | 2,605,833 | 2,605,833 |
Series 34 | ||
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 | 3,474,319 | 3,474,319 |
Series 35 | ||
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 36 | ||
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 37 | ||
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 38 | ||
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 39 | ||
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 40 | ||
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 41 | ||
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 | 2,865,176 | 2,865,176 |
Series 42 | ||
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 | 2,706,362 | 2,706,362 |
Series 43 | ||
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 44 | ||
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 | 2,682,873 | 2,682,873 |
Series 45 | ||
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 | 3,989,967 | 3,989,967 |
Series 46 | ||
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 | 9 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2021 | Dec. 31, 2020 | |
Income | ||||
Interest income | $ 1,488 | $ 1,478 | $ 6,686 | $ 9,373 |
Other income | 29,678 | 14,602 | 95,187 | 132,610 |
Revenues | 31,166 | 16,080 | 101,873 | 141,983 |
Gain (Loss) on disposition of Operating Partnerships | 239,636 | 935,865 | 2,032,167 | 1,366,857 |
Expenses | ||||
Professional fees | 32,435 | 83,296 | 166,338 | 300,336 |
Fund management fee, net (Note C) | 87,006 | 183,794 | 273,219 | 555,480 |
General and administrative expenses | 324,959 | 46,701 | 480,472 | 205,223 |
Operating expenses | 444,400 | 313,791 | 920,029 | 1,061,039 |
NET INCOME (LOSS) | (173,598) | 638,154 | 1,214,011 | 447,801 |
Net income (loss) allocated to assignees | (171,862) | 631,773 | 1,201,871 | 443,324 |
Net income (loss) allocated to general partner | $ (1,736) | $ 6,381 | $ 12,140 | $ 4,477 |
Net income (loss) per BAC | $ 0 | $ 0.01 | $ 0.01 | $ 0.01 |
Series 20 | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain (Loss) 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 21 | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain (Loss) 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 22 | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain (Loss) 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 23 | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain (Loss) 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 24 | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain (Loss) 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 25 | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain (Loss) 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 26 | ||||
Income | ||||
Interest income | $ 0 | $ 94 | $ 261 | $ 938 |
Other income | 0 | 0 | ||
Revenues | 0 | 94 | 261 | 938 |
Gain (Loss) on disposition of Operating Partnerships | 0 | 18,800 | 20,845 | 18,800 |
Expenses | ||||
Professional fees | 0 | 5,240 | 11,719 | 23,408 |
Fund management fee, net (Note C) | 0 | 4,281 | 3,665 | 12,845 |
General and administrative expenses | 74,978 | 5,489 | 97,302 | 20,991 |
Operating expenses | 74,978 | 15,010 | 112,686 | 57,244 |
NET INCOME (LOSS) | (74,978) | 3,884 | (91,580) | (37,506) |
Net income (loss) allocated to assignees | (74,228) | 3,845 | (90,664) | (37,131) |
Net income (loss) allocated to general partner | $ (750) | $ 39 | $ (916) | $ (375) |
Net income (loss) per BAC | $ (0.02) | $ 0 | $ (0.02) | $ (0.01) |
Series 27 | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain (Loss) 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 28 | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain (Loss) 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 29 | ||||
Income | ||||
Interest income | $ 36 | $ 29 | $ 111 | $ 279 |
Other income | 0 | 0 | ||
Revenues | 36 | 29 | 111 | 279 |
Gain (Loss) on disposition of Operating Partnerships | 0 | 35,000 | 29,999 | 44,500 |
Expenses | ||||
Professional fees | 4,635 | 4,972 | 18,029 | 18,095 |
Fund management fee, net (Note C) | 1,128 | 4,629 | 3,215 | 18,134 |
General and administrative expenses | 15,791 | 5,303 | 34,806 | 19,230 |
Operating expenses | 21,554 | 14,904 | 56,050 | 55,459 |
NET INCOME (LOSS) | (21,518) | 20,125 | (25,940) | (10,680) |
Net income (loss) allocated to assignees | (21,303) | 19,924 | (25,681) | (10,573) |
Net income (loss) allocated to general partner | $ (215) | $ 201 | $ (259) | $ (107) |
Net income (loss) per BAC | $ (0.01) | $ 0.01 | $ (0.01) | $ 0 |
Series 30 | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain (Loss) 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 31 | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain (Loss) 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 32 | ||||
Income | ||||
Interest income | $ 0 | $ 35 | $ 1,321 | $ 350 |
Other income | 0 | 0 | 10,008 | |
Revenues | 0 | 35 | 1,321 | 10,358 |
Gain (Loss) on disposition of Operating Partnerships | 0 | 79,208 | 23,823 | 79,208 |
Expenses | ||||
Professional fees | 0 | 5,026 | 11,719 | 19,399 |
Fund management fee, net (Note C) | 0 | 15,132 | 4,091 | 38,896 |
General and administrative expenses | 73,421 | 5,465 | 90,598 | 20,930 |
Operating expenses | 73,421 | 25,623 | 106,408 | 79,225 |
NET INCOME (LOSS) | (73,421) | 53,620 | (81,264) | 10,341 |
Net income (loss) allocated to assignees | (72,686) | 53,084 | (80,451) | 10,238 |
Net income (loss) allocated to general partner | $ (735) | $ 536 | $ (813) | $ 103 |
Net income (loss) per BAC | $ (0.02) | $ 0.01 | $ (0.02) | $ 0 |
Series 33 | ||||
Income | ||||
Interest income | $ 0 | $ 98 | $ 1,524 | $ 794 |
Other income | 0 | 0 | 10,008 | |
Revenues | 0 | 98 | 1,524 | 10,802 |
Gain (Loss) on disposition of Operating Partnerships | 0 | 0 | 23,823 | |
Expenses | ||||
Professional fees | 0 | 3,996 | 10,544 | 16,464 |
Fund management fee, net (Note C) | 0 | 9,777 | 4,334 | 22,831 |
General and administrative expenses | 87,548 | 3,279 | 97,578 | 16,901 |
Operating expenses | 87,548 | 17,052 | 112,456 | 56,196 |
NET INCOME (LOSS) | (87,548) | (16,954) | (87,109) | (45,394) |
Net income (loss) allocated to assignees | (86,673) | (16,784) | (86,238) | (44,940) |
Net income (loss) allocated to general partner | $ (875) | $ (170) | $ (871) | $ (454) |
Net income (loss) per BAC | $ (0.03) | $ (0.01) | $ (0.03) | $ (0.02) |
Series 34 | ||||
Income | ||||
Interest income | $ 28 | $ 24 | $ 86 | $ 310 |
Other income | 0 | 0 | ||
Revenues | 28 | 24 | 86 | 310 |
Gain (Loss) on disposition of Operating Partnerships | 0 | 20,800 | 20,800 | |
Expenses | ||||
Professional fees | 4,635 | 4,463 | 15,179 | 21,024 |
Fund management fee, net (Note C) | 4,623 | 4,825 | 10,869 | 15,279 |
General and administrative expenses | 12,716 | 4,266 | 25,387 | 18,710 |
Operating expenses | 21,974 | 13,554 | 51,435 | 55,013 |
NET INCOME (LOSS) | (21,946) | 7,270 | (51,349) | (33,903) |
Net income (loss) allocated to assignees | (21,727) | 7,197 | (50,836) | (33,564) |
Net income (loss) allocated to general partner | $ (219) | $ 73 | $ (513) | $ (339) |
Net income (loss) per BAC | $ (0.01) | $ 0.01 | $ (0.01) | $ (0.01) |
Series 35 | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain (Loss) 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 36 | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain (Loss) 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 37 | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain (Loss) 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 38 | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain (Loss) 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 39 | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain (Loss) 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 40 | ||||
Income | ||||
Interest income | $ 0 | $ 0 | $ 0 | $ 0 |
Other income | 0 | 0 | 0 | 0 |
Revenues | 0 | 0 | 0 | 0 |
Gain (Loss) 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 41 | ||||
Income | ||||
Interest income | $ 100 | $ 66 | $ 283 | $ 585 |
Other income | 0 | 0 | 3,392 | |
Revenues | 100 | 66 | 283 | 3,977 |
Gain (Loss) on disposition of Operating Partnerships | 0 | 18,000 | 64,500 | |
Expenses | ||||
Professional fees | 4,633 | 4,629 | 21,552 | 23,467 |
Fund management fee, net (Note C) | 18,179 | 26,529 | 58,367 | 78,321 |
General and administrative expenses | 11,016 | 3,552 | 22,062 | 17,609 |
Operating expenses | 33,828 | 34,710 | 101,981 | 119,397 |
NET INCOME (LOSS) | (33,728) | (16,644) | (101,698) | (50,920) |
Net income (loss) allocated to assignees | (33,391) | (16,478) | (100,681) | (50,411) |
Net income (loss) allocated to general partner | $ (337) | $ (166) | $ (1,017) | $ (509) |
Net income (loss) per BAC | $ (0.01) | $ (0.01) | $ (0.04) | $ (0.02) |
Series 42 | ||||
Income | ||||
Interest income | $ 718 | $ 289 | $ 1,839 | $ 1,818 |
Other income | 0 | 14,298 | 868 | 14,298 |
Revenues | 718 | 14,587 | 2,707 | 16,116 |
Gain (Loss) on disposition of Operating Partnerships | 0 | 722,454 | 94,182 | 722,454 |
Expenses | ||||
Professional fees | 4,633 | 4,367 | 19,202 | 24,791 |
Fund management fee, net (Note C) | 4,050 | 11,801 | 9,650 | 50,320 |
General and administrative expenses | 11,885 | 3,236 | 21,508 | 16,920 |
Operating expenses | 20,568 | 19,404 | 50,360 | 92,031 |
NET INCOME (LOSS) | (19,850) | 717,637 | 46,529 | 646,539 |
Net income (loss) allocated to assignees | (19,651) | 710,461 | 46,064 | 640,074 |
Net income (loss) allocated to general partner | $ (199) | $ 7,176 | $ 465 | $ 6,465 |
Net income (loss) per BAC | $ (0.01) | $ 0.26 | $ 0.02 | $ 0.24 |
Series 43 | ||||
Income | ||||
Interest income | $ 0 | $ 242 | $ 0 | $ 2,054 |
Other income | 0 | 304 | 0 | 1,542 |
Revenues | 0 | 546 | 0 | 3,596 |
Gain (Loss) on disposition of Operating Partnerships | 0 | 79,835 | 0 | 186,635 |
Expenses | ||||
Professional fees | 0 | 5,075 | 0 | 27,629 |
Fund management fee, net (Note C) | 0 | 3,940 | 0 | 34,194 |
General and administrative expenses | 0 | 4,188 | 0 | 18,762 |
Operating expenses | 0 | 13,203 | 0 | 80,585 |
NET INCOME (LOSS) | 0 | 67,178 | 0 | 109,646 |
Net income (loss) allocated to assignees | 0 | 66,507 | 0 | 108,550 |
Net income (loss) allocated to general partner | $ 0 | $ 671 | $ 0 | $ 1,096 |
Net income (loss) per BAC | $ 0 | $ 0.02 | $ 0 | $ 0.03 |
Series 44 | ||||
Income | ||||
Interest income | $ 374 | $ 49 | $ 658 | $ 576 |
Other income | 0 | 0 | 25,468 | 11,054 |
Revenues | 374 | 49 | 26,126 | 11,630 |
Gain (Loss) on disposition of Operating Partnerships | 0 | (83,058) | 815,747 | (83,058) |
Expenses | ||||
Professional fees | 4,634 | 4,427 | 15,676 | 21,710 |
Fund management fee, net (Note C) | 7,935 | 29,565 | 27,476 | 80,701 |
General and administrative expenses | 10,371 | 3,456 | 23,805 | 17,268 |
Operating expenses | 22,940 | 37,448 | 66,957 | 119,679 |
NET INCOME (LOSS) | (22,566) | (120,457) | 774,916 | (191,107) |
Net income (loss) allocated to assignees | (22,340) | (119,253) | 767,167 | (189,196) |
Net income (loss) allocated to general partner | $ (226) | $ (1,204) | $ 7,749 | $ (1,911) |
Net income (loss) per BAC | $ (0.01) | $ (0.04) | $ 0.29 | $ (0.07) |
Series 45 | ||||
Income | ||||
Interest income | $ 101 | $ 91 | $ 246 | $ 597 |
Other income | 0 | 0 | 29,480 | 31,189 |
Revenues | 101 | 91 | 29,726 | 31,786 |
Gain (Loss) on disposition of Operating Partnerships | 239,636 | 0 | 691,381 | 199,692 |
Expenses | ||||
Professional fees | 4,632 | 35,429 | 21,870 | 75,026 |
Fund management fee, net (Note C) | 15,016 | 28,713 | 42,835 | 73,285 |
General and administrative expenses | 14,519 | 4,637 | 38,321 | 19,698 |
Operating expenses | 34,167 | 68,779 | 103,026 | 168,009 |
NET INCOME (LOSS) | 205,570 | (68,688) | 618,081 | 63,469 |
Net income (loss) allocated to assignees | 203,514 | (68,001) | 611,900 | 62,834 |
Net income (loss) allocated to general partner | $ 2,056 | $ (687) | $ 6,181 | $ 635 |
Net income (loss) per BAC | $ 0.05 | $ (0.02) | $ 0.15 | $ 0.02 |
Series 46 | ||||
Income | ||||
Interest income | $ 131 | $ 461 | $ 357 | $ 1,072 |
Other income | 29,678 | 0 | 39,371 | 51,119 |
Revenues | 29,809 | 461 | 39,728 | 52,191 |
Gain (Loss) on disposition of Operating Partnerships | 0 | 44,826 | 332,367 | 113,326 |
Expenses | ||||
Professional fees | 4,633 | 5,672 | 20,848 | 29,323 |
Fund management fee, net (Note C) | 36,075 | 44,602 | 108,717 | 130,674 |
General and administrative expenses | 12,714 | 3,830 | 29,105 | 18,204 |
Operating expenses | 53,422 | 54,104 | 158,670 | 178,201 |
NET INCOME (LOSS) | (23,613) | (8,817) | 213,425 | (12,684) |
Net income (loss) allocated to assignees | (23,377) | (8,729) | 211,291 | (12,557) |
Net income (loss) allocated to general partner | $ (236) | $ (88) | $ 2,134 | $ (127) |
Net income (loss) per BAC | $ (0.01) | $ 0 | $ 0.07 | $ 0 |
CONDENSED STATEMENTS OF CHANGES
CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT) - USD ($) | Series 20Assignees [Member] | Series 20General Partner [Member] | Series 20 | Series 21Assignees [Member] | Series 21General Partner [Member] | Series 21 | Series 22Assignees [Member] | Series 22General Partner [Member] | Series 22 | Series 23Assignees [Member] | Series 23General Partner [Member] | Series 23 | Series 24Assignees [Member] | Series 24General Partner [Member] | Series 24 | Series 25Assignees [Member] | Series 25General Partner [Member] | Series 25 | Series 26Assignees [Member] | Series 26General Partner [Member] | Series 26 | Series 27Assignees [Member] | Series 27General Partner [Member] | Series 27 | Series 28Assignees [Member] | Series 28General Partner [Member] | Series 28 | Series 29Assignees [Member] | Series 29General Partner [Member] | Series 29 | Series 30Assignees [Member] | Series 30General Partner [Member] | Series 30 | Series 31Assignees [Member] | Series 31General Partner [Member] | Series 31 | Series 32Assignees [Member] | Series 32General Partner [Member] | Series 32 | Series 33Assignees [Member] | Series 33General Partner [Member] | Series 33 | Series 34Assignees [Member] | Series 34General Partner [Member] | Series 34 | Series 35Assignees [Member] | Series 35General Partner [Member] | Series 35 | Series 36Assignees [Member] | Series 36General Partner [Member] | Series 36 | Series 37Assignees [Member] | Series 37General Partner [Member] | Series 37 | Series 38Assignees [Member] | Series 38General Partner [Member] | Series 38 | Series 39Assignees [Member] | Series 39General Partner [Member] | Series 39 | Series 40Assignees [Member] | Series 40General Partner [Member] | Series 40 | Series 41Assignees [Member] | Series 41General Partner [Member] | Series 41 | Series 42Assignees [Member] | Series 42General Partner [Member] | Series 42 | Series 43Assignees [Member] | Series 43General Partner [Member] | Series 43 | Series 44Assignees [Member] | Series 44General Partner [Member] | Series 44 | Series 45Assignees [Member] | Series 45General Partner [Member] | Series 45 | Series 46Assignees [Member] | Series 46General Partner [Member] | Series 46 | Assignees [Member] | General Partner [Member] | Total |
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 | (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 | 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 | 873,078 | (312,739) | 560,339 | 133,264 | (133,264) | 0 | 275,140 | (275,140) | 0 | (2,588,085) | (368,210) | (2,956,295) | (883,119) | 883,119 | 0 | 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) | 0 | 188,889 | (188,889) | 0 | 196,043 | (196,043) | 0 | 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 | (37,506) | 0 | 0 | (10,680) | 0 | 0 | 10,341 | (45,394) | (33,903) | 0 | 0 | 0 | 0 | 0 | 0 | (50,920) | 646,539 | 109,646 | (191,107) | 63,469 | (12,684) | 447,801 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Partners' capital (deficit), Ending balance at Dec. 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 | 851,455 | (312,957) | 538,498 | 133,264 | (133,264) | 0 | 275,140 | (275,140) | 0 | (2,591,648) | (368,246) | (2,959,894) | (883,119) | 883,119 | 0 | 353,529 | (353,529) | 0 | 525,197 | (405,164) | 120,033 | 737,162 | (220,615) | 516,547 | (2,007,531) | (323,702) | (2,331,233) | 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 | (2,073,877) | (272,633) | (2,346,510) | 2,483,761 | (218,283) | 2,265,478 | 1,832,199 | (306,262) | 1,525,937 | 3,724 | (239,809) | (236,085) | (1,072,924) | (368,072) | (1,440,996) | (1,411,936) | (279,658) | (1,691,594) | (5,599,509) | (440,310) | (6,039,819) |
Partners' capital (deficit), Beginning balance at Jun. 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 | 873,078 | (312,739) | 560,339 | 133,264 | (133,264) | 0 | 275,140 | (275,140) | 0 | (2,588,085) | (368,210) | (2,956,295) | (883,119) | 883,119 | 0 | 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) | 0 | 188,889 | (188,889) | 0 | 196,043 | (196,043) | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (25,468) | (257) | (25,725) | 0 | 0 | 0 | 0 | 0 | (23,487) | (237) | (23,724) | 0 | 0 | 0 | 0 | 0 | 0 | (16,782) | (170) | (16,952) | (9,393) | (94) | (9,487) | (23,970) | (242) | (24,212) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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) |
Net income (loss) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,845 | 39 | 3,884 | 0 | 0 | 0 | 0 | 0 | 19,924 | 201 | 20,125 | 0 | 0 | 0 | 0 | 0 | 0 | 53,084 | 536 | 53,620 | (16,784) | (170) | (16,954) | 7,197 | 73 | 7,270 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (16,478) | (166) | (16,644) | 710,461 | 7,176 | 717,637 | 66,507 | 671 | 67,178 | (119,253) | (1,204) | (120,457) | (68,001) | (687) | (68,688) | (8,729) | (88) | (8,817) | 631,773 | 6,381 | 638,154 | |
Partners' capital (deficit), Ending balance at Dec. 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 | 851,455 | (312,957) | 538,498 | 133,264 | (133,264) | 0 | 275,140 | (275,140) | 0 | (2,591,648) | (368,246) | (2,959,894) | (883,119) | 883,119 | 0 | 353,529 | (353,529) | 0 | 525,197 | (405,164) | 120,033 | 737,162 | (220,615) | 516,547 | (2,007,531) | (323,702) | (2,331,233) | 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 | (2,073,877) | (272,633) | (2,346,510) | 2,483,761 | (218,283) | 2,265,478 | 1,832,199 | (306,262) | 1,525,937 | 3,724 | (239,809) | (236,085) | (1,072,924) | (368,072) | (1,440,996) | (1,411,936) | (279,658) | (1,691,594) | (5,599,509) | (440,310) | (6,039,819) |
Partners' capital (deficit), Beginning balance at Mar. 31, 2021 | (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 | 841,956 | (313,053) | 528,903 | 133,264 | (133,264) | 0 | 275,140 | (275,140) | 0 | (2,593,761) | (368,267) | (2,962,028) | (883,119) | 883,119 | 0 | 353,529 | (353,529) | 0 | 3,015,649 | (380,008) | 2,635,641 | 3,231,141 | (195,423) | 3,035,718 | (2,016,839) | (323,796) | (2,340,635) | 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 | (2,009,681) | (271,985) | (2,281,666) | 2,500,317 | (218,115) | 2,282,202 | 306,854 | (306,854) | 0 | 676,442 | (233,014) | 443,428 | (1,079,247) | (368,136) | (1,447,383) | (1,448,620) | (280,028) | (1,728,648) | (1,450,880) | (383,588) | (1,834,468) |
Net income (loss) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (8,349) | (84) | (8,433) | 0 | 0 | 0 | 0 | (8,526) | (86) | (8,612) | 0 | (8,109) | (82) | (8,191) | (6,191) | (63) | (6,254) | (9,691) | (98) | (9,789) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (24,769) | (250) | (25,019) | (4,612) | (47) | (4,659) | (17,404) | (176) | (17,580) | 170,032 | 1,718 | 171,750 | 235,040 | 2,374 | 237,414 | 317,421 | 3,206 | 320,627 | |||||||||||||||
Partners' capital (deficit), Ending balance at Jun. 30, 2021 | (754,767) | 754,767 | (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 | 833,607 | (313,137) | 520,470 | 133,264 | (133,264) | 0 | 275,140 | (275,140) | 0 | (2,602,287) | (368,353) | (2,970,640) | (883,119) | 883,119 | 353,529 | (353,529) | 0 | 3,007,540 | (380,090) | 2,627,450 | 3,224,950 | (195,486) | 3,029,464 | (2,026,530) | (323,894) | (2,350,424) | 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 | (2,034,450) | (272,235) | (2,306,685) | 2,495,705 | (218,162) | 2,277,543 | 306,854 | (306,854) | 659,038 | (233,190) | 425,848 | (909,215) | (366,418) | (1,275,633) | (1,213,580) | (277,654) | (1,491,234) | (1,133,459) | (380,382) | (1,513,841) | |||||
Partners' capital (deficit), Beginning balance at Mar. 31, 2021 | (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 | 841,956 | (313,053) | 528,903 | 133,264 | (133,264) | 0 | 275,140 | (275,140) | 0 | (2,593,761) | (368,267) | (2,962,028) | (883,119) | 883,119 | 0 | 353,529 | (353,529) | 0 | 3,015,649 | (380,008) | 2,635,641 | 3,231,141 | (195,423) | 3,035,718 | (2,016,839) | (323,796) | (2,340,635) | 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 | (2,009,681) | (271,985) | (2,281,666) | 2,500,317 | (218,115) | 2,282,202 | 306,854 | (306,854) | 0 | 676,442 | (233,014) | 443,428 | (1,079,247) | (368,136) | (1,447,383) | (1,448,620) | (280,028) | (1,728,648) | (1,450,880) | (383,588) | (1,834,468) |
Net income (loss) | 0 | 0 | 0 | 0 | 0 | 0 | (91,580) | 0 | 0 | (25,940) | 0 | 0 | (81,264) | (87,109) | (51,349) | 0 | 0 | 0 | 0 | 0 | 0 | (101,698) | 46,529 | 0 | 774,916 | 618,081 | 213,425 | 1,214,011 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Partners' capital (deficit), Ending balance at Dec. 31, 2021 | (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 | 313,969 | (313,969) | 0 | 133,264 | (133,264) | 0 | 275,140 | (275,140) | 0 | (2,619,442) | (368,526) | (2,987,968) | (883,119) | 883,119 | 0 | 353,529 | (353,529) | 0 | 380,821 | (380,821) | 0 | 196,294 | (196,294) | 0 | (2,067,675) | (324,309) | (2,391,984) | 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 | (2,110,362) | (273,002) | (2,383,364) | 2,546,381 | (217,650) | 2,328,731 | 306,854 | (306,854) | 0 | 1,443,609 | (225,265) | 1,218,344 | (467,347) | (361,955) | (829,302) | (1,237,329) | (277,894) | (1,515,223) | (6,189,318) | (371,448) | (6,560,766) |
Partners' capital (deficit), Beginning balance at Jun. 30, 2021 | (754,767) | 754,767 | (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 | 833,607 | (313,137) | 520,470 | 133,264 | (133,264) | 0 | 275,140 | (275,140) | 0 | (2,602,287) | (368,353) | (2,970,640) | (883,119) | 883,119 | 353,529 | (353,529) | 0 | 3,007,540 | (380,090) | 2,627,450 | 3,224,950 | (195,486) | 3,029,464 | (2,026,530) | (323,894) | (2,350,424) | 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 | (2,034,450) | (272,235) | (2,306,685) | 2,495,705 | (218,162) | 2,277,543 | 306,854 | (306,854) | 659,038 | (233,190) | 425,848 | (909,215) | (366,418) | (1,275,633) | (1,213,580) | (277,654) | (1,491,234) | (1,133,459) | (380,382) | (1,513,841) | |||||
Distributions | (2,554,377) | (2,554,377) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net income (loss) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (8,087) | (82) | (8,169) | 0 | 0 | 0 | 0 | 4,148 | 42 | 4,190 | 0 | 344 | 4 | 348 | 6,626 | 67 | 6,693 | (19,418) | (196) | (19,614) | 0 | 0 | 0 | 0 | (42,521) | (430) | (42,951) | 70,327 | 711 | 71,038 | 806,911 | 8,151 | 815,062 | 238,354 | 2,407 | 240,761 | (372) | (4) | (376) | 1,056,312 | 10,670 | 1,066,982 | |||||||||||||||||||||||||||
Partners' capital (deficit), Ending balance at Sep. 30, 2021 | (754,767) | 754,767 | (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 | 825,520 | (313,219) | 512,301 | 133,264 | (133,264) | 0 | 275,140 | (275,140) | 0 | (2,598,139) | (368,311) | (2,966,450) | (883,119) | 883,119 | 353,529 | (353,529) | 0 | 3,007,884 | (380,086) | 2,627,798 | 3,231,576 | (195,419) | 3,036,157 | (2,045,948) | (324,090) | (2,370,038) | 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 | (2,076,971) | (272,665) | (2,349,636) | 2,566,032 | (217,451) | 2,348,581 | 306,854 | (306,854) | 1,465,949 | (225,039) | 1,240,910 | (670,861) | (364,011) | (1,034,872) | (1,213,952) | (277,658) | (1,491,610) | (77,147) | (369,712) | (446,859) | |||||
Distributions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (437,323) | 0 | (437,323) | 0 | 0 | 0 | 0 | 0 | (2,948,609) | (2,948,609) | 0 | 0 | 0 | 0 | (5,940,309) | (5,940,309) | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Net income (loss) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (74,228) | (750) | (74,978) | 0 | 0 | 0 | 0 | (21,303) | (215) | (21,518) | 0 | 0 | (72,686) | (735) | (73,421) | (86,673) | (875) | (87,548) | (21,727) | (219) | (21,946) | 0 | 0 | 0 | 0 | 0 | 0 | (33,391) | (337) | (33,728) | (19,651) | (199) | (19,850) | 0 | (22,340) | (226) | (22,566) | 203,514 | 2,056 | 205,570 | (23,377) | (236) | (23,613) | (171,862) | (1,736) | (173,598) | ||||||||||||||||||||||
Partners' capital (deficit), Ending balance at Dec. 31, 2021 | $ (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 | $ 313,969 | $ (313,969) | $ 0 | $ 133,264 | $ (133,264) | $ 0 | $ 275,140 | $ (275,140) | $ 0 | $ (2,619,442) | $ (368,526) | $ (2,987,968) | $ (883,119) | $ 883,119 | $ 0 | $ 353,529 | $ (353,529) | $ 0 | $ 380,821 | $ (380,821) | $ 0 | $ 196,294 | $ (196,294) | $ 0 | $ (2,067,675) | $ (324,309) | $ (2,391,984) | $ 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 | $ (2,110,362) | $ (273,002) | $ (2,383,364) | $ 2,546,381 | $ (217,650) | $ 2,328,731 | $ 306,854 | $ (306,854) | $ 0 | $ 1,443,609 | $ (225,265) | $ 1,218,344 | $ (467,347) | $ (361,955) | $ (829,302) | $ (1,237,329) | $ (277,894) | $ (1,515,223) | $ (6,189,318) | $ (371,448) | $ (6,560,766) |
CONDENSED STATEMENTS OF CASH FL
CONDENSED STATEMENTS OF CASH FLOWS - USD ($) | 9 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Cash flows from operating activities: | ||
Net income (loss) | $ 1,214,011 | $ 447,801 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | (2,032,167) | (1,366,857) |
Changes in assets and liabilities | ||
(Increase) Decrease in other assets | 4,040 | 11,300 |
(Decrease) Increase in accounts payable and accrued expenses | (27) | 54,875 |
(Decrease) Increase in accounts payable affiliates | (1,181,978) | (305,814) |
Net cash (used in) provided by operating activities | (1,996,121) | (1,158,695) |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 2,032,167 | 1,366,603 |
Net cash (used in) provided by investing activities | 2,032,167 | 1,366,603 |
Cash flows from financing activities: | ||
Distributions | (5,940,309) | 0 |
Net cash used in financing activities | (5,940,309) | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (5,904,263) | 207,908 |
Cash and cash equivalents, beginning | 10,819,585 | 6,622,109 |
Cash and cash equivalents, ending | 4,915,322 | 6,830,017 |
Series 20 | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
(Increase) Decrease 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 (used in) provided by operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 0 | 0 |
Net cash (used in) provided by investing activities | 0 | 0 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing 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 |
Series 21 | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
(Increase) Decrease 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 (used in) provided by operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 0 | 0 |
Net cash (used in) provided by investing activities | 0 | 0 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing 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 |
Series 22 | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
(Increase) Decrease 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 (used in) provided by operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 0 | 0 |
Net cash (used in) provided by investing activities | 0 | 0 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing 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 |
Series 23 | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
(Increase) Decrease 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 (used in) provided by operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 0 | 0 |
Net cash (used in) provided by investing activities | 0 | 0 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing 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 |
Series 24 | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
(Increase) Decrease 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 (used in) provided by operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 0 | 0 |
Net cash (used in) provided by investing activities | 0 | 0 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing 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 |
Series 25 | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
(Increase) Decrease 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 (used in) provided by operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 0 | 0 |
Net cash (used in) provided by investing activities | 0 | 0 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing 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 |
Series 26 | ||
Cash flows from operating activities: | ||
Net income (loss) | (91,580) | (37,506) |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | (20,845) | (18,800) |
Changes in assets and liabilities | ||
(Increase) Decrease in other assets | 75 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 |
(Decrease) Increase in accounts payable affiliates | (2,199) | 8,563 |
Net cash (used in) provided by operating activities | (114,549) | (47,743) |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 20,845 | 18,800 |
Net cash (used in) provided by investing activities | 20,845 | 18,800 |
Cash flows from financing activities: | ||
Distributions | (437,323) | 0 |
Net cash used in financing activities | (437,323) | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (531,027) | (28,943) |
Cash and cash equivalents, beginning | 531,027 | 576,004 |
Cash and cash equivalents, ending | 0 | 547,061 |
Series 27 | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
(Increase) Decrease 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 (used in) provided by operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 0 | 0 |
Net cash (used in) provided by investing activities | 0 | 0 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing 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 |
Series 28 | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
(Increase) Decrease 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 (used in) provided by operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 0 | 0 |
Net cash (used in) provided by investing activities | 0 | 0 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing 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 |
Series 29 | ||
Cash flows from operating activities: | ||
Net income (loss) | (25,940) | (10,680) |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | (29,999) | (44,500) |
Changes in assets and liabilities | ||
(Increase) Decrease in other assets | (352) | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 11,000 |
(Decrease) Increase in accounts payable affiliates | (19,965) | 18,134 |
Net cash (used in) provided by operating activities | (76,256) | (26,046) |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 29,999 | 44,500 |
Net cash (used in) provided by investing activities | 29,999 | 44,500 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing activities | 0 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (46,257) | 18,454 |
Cash and cash equivalents, beginning | 164,236 | 157,446 |
Cash and cash equivalents, ending | 117,979 | 175,900 |
Series 30 | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
(Increase) Decrease 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 (used in) provided by operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 0 | 0 |
Net cash (used in) provided by investing activities | 0 | 0 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing 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 |
Series 31 | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
(Increase) Decrease 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 (used in) provided by operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 0 | 0 |
Net cash (used in) provided by investing activities | 0 | 0 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing 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 |
Series 32 | ||
Cash flows from operating activities: | ||
Net income (loss) | (81,264) | 10,341 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | (23,823) | (79,208) |
Changes in assets and liabilities | ||
(Increase) Decrease in other assets | 74 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 |
(Decrease) Increase in accounts payable affiliates | (4,847) | 45,396 |
Net cash (used in) provided by operating activities | (109,860) | (23,471) |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 23,823 | 79,208 |
Net cash (used in) provided by investing activities | 23,823 | 79,208 |
Cash flows from financing activities: | ||
Distributions | (2,554,377) | 0 |
Net cash used in financing activities | (2,554,377) | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (2,640,414) | 55,737 |
Cash and cash equivalents, beginning | 2,640,414 | 193,203 |
Cash and cash equivalents, ending | 0 | 248,940 |
Series 33 | ||
Cash flows from operating activities: | ||
Net income (loss) | (87,109) | (45,394) |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | (23,823) | 0 |
Changes in assets and liabilities | ||
(Increase) Decrease in other assets | 74 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 |
(Decrease) Increase in accounts payable affiliates | (4,992) | 19,554 |
Net cash (used in) provided by operating activities | (115,850) | (25,840) |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 23,823 | 0 |
Net cash (used in) provided by investing activities | 23,823 | 0 |
Cash flows from financing activities: | ||
Distributions | (2,948,609) | 0 |
Net cash used in financing activities | (2,948,609) | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (3,040,636) | (25,840) |
Cash and cash equivalents, beginning | 3,040,636 | 561,941 |
Cash and cash equivalents, ending | 0 | 536,101 |
Series 34 | ||
Cash flows from operating activities: | ||
Net income (loss) | (51,349) | (33,903) |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | 0 | (20,800) |
Changes in assets and liabilities | ||
(Increase) Decrease in other assets | 74 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 2,000 |
(Decrease) Increase in accounts payable affiliates | 13,869 | 19,479 |
Net cash (used in) provided by operating activities | (37,406) | (33,224) |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 0 | 20,800 |
Net cash (used in) provided by investing activities | 0 | 20,800 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing activities | 0 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (37,406) | (12,424) |
Cash and cash equivalents, beginning | 129,067 | 148,344 |
Cash and cash equivalents, ending | 91,661 | 135,920 |
Series 35 | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
(Increase) Decrease 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 (used in) provided by operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 0 | 0 |
Net cash (used in) provided by investing activities | 0 | 0 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing 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 |
Series 36 | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
(Increase) Decrease 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 (used in) provided by operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 0 | 0 |
Net cash (used in) provided by investing activities | 0 | 0 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing 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 |
Series 37 | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
(Increase) Decrease 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 (used in) provided by operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 0 | 0 |
Net cash (used in) provided by investing activities | 0 | 0 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing 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 |
Series 38 | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
(Increase) Decrease 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 (used in) provided by operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 0 | 0 |
Net cash (used in) provided by investing activities | 0 | 0 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing 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 |
Series 39 | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
(Increase) Decrease 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 (used in) provided by operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 0 | 0 |
Net cash (used in) provided by investing activities | 0 | 0 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing 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 |
Series 40 | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | 0 | 0 |
Changes in assets and liabilities | ||
(Increase) Decrease 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 (used in) provided by operating activities | 0 | 0 |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 0 | 0 |
Net cash (used in) provided by investing activities | 0 | 0 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing 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 |
Series 41 | ||
Cash flows from operating activities: | ||
Net income (loss) | (101,698) | (50,920) |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | 0 | (64,500) |
Changes in assets and liabilities | ||
(Increase) Decrease in other assets | 437 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | (1) | 2,500 |
(Decrease) Increase in accounts payable affiliates | 26,682 | 82,907 |
Net cash (used in) provided by operating activities | (74,580) | (30,013) |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 0 | 64,500 |
Net cash (used in) provided by investing activities | 0 | 64,500 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing activities | 0 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | (74,580) | 34,487 |
Cash and cash equivalents, beginning | 408,743 | 352,239 |
Cash and cash equivalents, ending | 334,163 | 386,726 |
Series 42 | ||
Cash flows from operating activities: | ||
Net income (loss) | 46,529 | 646,539 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | (94,182) | (722,454) |
Changes in assets and liabilities | ||
(Increase) Decrease in other assets | (419) | 11,300 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 23,000 |
(Decrease) Increase in accounts payable affiliates | 12,150 | 32,686 |
Net cash (used in) provided by operating activities | (35,922) | (8,929) |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 94,182 | 722,200 |
Net cash (used in) provided by investing activities | 94,182 | 722,200 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing activities | 0 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 58,260 | 713,271 |
Cash and cash equivalents, beginning | 2,318,856 | 1,607,893 |
Cash and cash equivalents, ending | 2,377,116 | 2,321,164 |
Series 43 | ||
Cash flows from operating activities: | ||
Net income (loss) | 0 | 109,646 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | 0 | (186,635) |
Changes in assets and liabilities | ||
(Increase) Decrease in other assets | 0 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 26,875 |
(Decrease) Increase in accounts payable affiliates | 0 | 24,186 |
Net cash (used in) provided by operating activities | 0 | (25,928) |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 0 | 186,635 |
Net cash (used in) provided by investing activities | 0 | 186,635 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing activities | 0 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 0 | 160,707 |
Cash and cash equivalents, beginning | 0 | 1,416,291 |
Cash and cash equivalents, ending | 0 | 1,576,998 |
Series 44 | ||
Cash flows from operating activities: | ||
Net income (loss) | 774,916 | (191,107) |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | (815,747) | 83,058 |
Changes in assets and liabilities | ||
(Increase) Decrease in other assets | 205 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | (26) | (4,000) |
(Decrease) Increase in accounts payable affiliates | (379,155) | 6,503 |
Net cash (used in) provided by operating activities | (419,807) | (105,546) |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 815,747 | (83,058) |
Net cash (used in) provided by investing activities | 815,747 | (83,058) |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing activities | 0 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 395,940 | (188,604) |
Cash and cash equivalents, beginning | 842,738 | 321,693 |
Cash and cash equivalents, ending | 1,238,678 | 133,089 |
Series 45 | ||
Cash flows from operating activities: | ||
Net income (loss) | 618,081 | 63,469 |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | (691,381) | (199,692) |
Changes in assets and liabilities | ||
(Increase) Decrease in other assets | 2,627 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | (6,500) |
(Decrease) Increase in accounts payable affiliates | (618,340) | (635,876) |
Net cash (used in) provided by operating activities | (689,013) | (778,599) |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 691,381 | 199,692 |
Net cash (used in) provided by investing activities | 691,381 | 199,692 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing activities | 0 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 2,368 | (578,907) |
Cash and cash equivalents, beginning | 294,663 | 859,371 |
Cash and cash equivalents, ending | 297,031 | 280,464 |
Series 46 | ||
Cash flows from operating activities: | ||
Net income (loss) | 213,425 | (12,684) |
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities | ||
(Gain) loss on disposition of Operating Partnerships | (332,367) | (113,326) |
Changes in assets and liabilities | ||
(Increase) Decrease in other assets | 1,245 | 0 |
(Decrease) Increase in accounts payable and accrued expenses | 0 | 0 |
(Decrease) Increase in accounts payable affiliates | (205,181) | 72,654 |
Net cash (used in) provided by operating activities | (322,878) | (53,356) |
Cash flows from investing activities: | ||
Proceeds (loss) from the disposition of Operating Partnerships | 332,367 | 113,326 |
Net cash (used in) provided by investing activities | 332,367 | 113,326 |
Cash flows from financing activities: | ||
Distributions | 0 | 0 |
Net cash used in financing activities | 0 | 0 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 9,489 | 59,970 |
Cash and cash equivalents, beginning | 449,205 | 427,684 |
Cash and cash equivalents, ending | $ 458,694 | $ 487,654 |
ORGANIZATION
ORGANIZATION | 9 Months Ended |
Dec. 31, 2021 | |
ORGANIZATION | |
ORGANIZATION | NOTE A – ORGANIZATION BF Garden Tax Credit Fund IV L.P. (formerly known as 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 December 15, 2020, Corporate Investment Holdings, Inc., a Massachusetts corporation owned by BF Garden Companion Limited Partnership, a Massachusetts limited partnership formerly known as Boston Capital Companion Limited Partnership (“Companion”), replaced BCA Associates Limited Partnership as the general partner of the Fund’s general partner, BF Garden Associates IV L.P., a Delaware limited partnership formerly known as Boston Capital Associates IV L.P. Additionally, Companion replaced Capital Investment Holdings IV Limited Partnership as the sole limited partner of the Fund’s general partner. Also effective as of December 15, 2020, BFBC Holdings GP, LLC, a Delaware limited liability company and an affiliate of Boston Financial Investment Management, LP, a Delaware limited partnership (“BFIM”), replaced Boston Capital Partners II Corporation as the general partner of Companion; and BFIM replaced Boston Capital Companion Holdings Limited Partnership as the sole limited partner of Companion. The assignor limited partner of the Fund continues to be BCTC IV Assignor Corp., a Delaware corporation which is now wholly owned by Companion. 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. NOTE A – ORGANIZATION (continued) 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 | 9 Months Ended |
Dec. 31, 2021 | |
ACCOUNTING AND FINANCIAL REPORTING POLICIES | |
ACCOUNTING AND FINANCIAL REPORTING POLICIES | NOTE B - ACCOUNTING AND FINANCIAL REPORTING POLICIES The condensed financial statements herein as of December 31, 2021 and for the three and nine 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, 2021. |
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS | 9 Months Ended |
Dec. 31, 2021 | |
RELATED PARTY TRANSACTIONS | |
RELATED PARTY TRANSACTIONS | NOTE C - RELATED PARTY TRANSACTIONS The Fund originally incurred a fund management fee to Boston Capital Asset Management Limited Partnership, an affiliate of the general partner, prior to the sale as disclosed in Note A. As part of the sale disclosed in Note A, the fund management fee is now assigned to BF Garden Companion Limited Partnership, a Massachusetts limited partnership formerly known as Boston Capital Companion Limited Partnership (“Companion”) and an affiliate of the general partner, in an annual fund management fee of .5 percent of the aggregate cost of all apartment complexes owned by the Operating Partnerships. The obligation that had been accrued to Boston Capital Asset Management Limited Partnership was transferred to Companion as disclosed in Note A. Since reporting fees collected by the various series were added to reserves and not paid, the amounts accrued are not net of reporting fees received. The fund management fees accrued for the quarters ended December 31, 2021 and 2020, are as follows: 2021 2020 Series 26 $ — $ 4,281 Series 29 1,128 4,629 Series 32 — 15,132 Series 33 — 9,777 Series 34 4,623 6,025 Series 41 20,094 26,529 Series 42 4,050 13,426 Series 43 — 4,815 Series 44 7,935 30,315 Series 45 15,021 28,713 Series 46 40,761 46,332 $ 93,612 $ 189,974 The fund management fees paid for the nine months ended December 31, 2021 and 2020 are as follows: 2021 2020 Series 26 $ 5,864 $ 4,282 Series 29 27,499 — Series 32 8,938 — Series 33 9,326 9,777 Series 41 33,600 — Series 42 — 19,259 Series 43 — 21,348 Series 44 411,888 84,442 Series 45 683,677 742,389 Series 46 331,796 68,500 $ 1,512,588 $ 949,997 |
INVESTMENTS IN OPERATING PARTNE
INVESTMENTS IN OPERATING PARTNERSHIPS | 9 Months Ended |
Dec. 31, 2021 | |
INVESTMENTS IN OPERATING PARTNERSHIPS | |
INVESTMENTS IN OPERATING PARTNERSHIPS | NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS At December 31, 2021 and 2020, the Fund has limited partnership interests in 18 and 40 Operating Partnerships, respectively, which own or are constructing apartment complexes. The breakdown of Operating Partnerships within the Fund at December 31, 2021 and 2020 are as follows: 2021 2020 Series 20 — — Series 21 — — Series 22 — — Series 23 — — Series 24 — — Series 25 — — Series 26 — 1 Series 27 — — Series 28 — — Series 29 1 2 Series 30 — — Series 31 — — Series 32 — 2 Series 33 — 2 Series 34 1 1 Series 35 — — Series 36 — — Series 37 — — Series 38 — — Series 39 — — Series 40 — — Series 41 1 6 Series 42 2 2 Series 43 — — Series 44 1 3 Series 45 4 11 Series 46 8 10 18 40 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 December 31, 2021 and 2020, are as follows: 2021 2020 Series 29 $ 785 $ 785 NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) During the nine months ended December 31, 2021 the Fund disposed of fifteen Operating Partnerships. A summary of the dispositions by series for December 31, 2021 is as follows: Operating Sale of Partnership Underlying Fund Proceeds Interest Operating from Gain on Transferred Partnership Disposition Disposition Series 26 1 — $ 20,845 $ 20,845 Series 29 1 — 29,999 29,999 Series 32 1 — 23,823 23,823 Series 33 1 — 23,823 23,823 Series 41 1 — — — Series 42 — — 94,182 94,182 Series 44 — 1 815,747 815,747 Series 45 6 1 691,381 691,381 Series 46 1 1 332,367 332,367 Total 12 3 $ 2,032,167 $ 2,032,167 During the nine months ended December 31, 2020 the Fund disposed of twenty-eight Operating Partnerships. A summary of the dispositions by Series for December 31, 2020 is as follows: Operating Sale of Partnership Underlying Fund Proceeds Interest Operating (loss) from Gain (loss) on Transferred Partnership Disposition * Disposition Series 26 2 — $ 18,800 $ 18,800 Series 29 3 — 44,500 44,500 Series 32 1 — 79,208 79,208 Series 34 1 — 20,800 20,800 Series 41 2 — 64,500 64,500 Series 42 3 1 722,200 722,454 Series 43 11 — 186,635 186,635 Series 44 — — (83,058) (83,058) Series 45 1 1 199,692 199,692 Series 46 2 — 113,326 113,326 Total 26 2 $ 1,366,603 $ 1,366,857 * Fund proceeds from disposition does not include $254, which was due to a write-off of capital contribution payable as of December 31, 2020, for Series 42. 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) 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’s 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 nine months ended September 30, 2021. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) 2021 2020 Revenues Rental $ 7,472,044 $ 13,472,129 Interest and other 147,786 252,018 7,619,830 13,724,147 Expenses Interest 1,429,567 2,594,439 Depreciation and amortization 1,446,981 2,828,896 Operating expenses 4,605,616 8,606,678 7,482,164 14,030,013 NET INCOME (LOSS) $ 137,666 $ (305,866) Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. $ 136,289 $ (302,809) Net income (loss) allocated to other Partners $ 1,377 $ (3,057) 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 20 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 21 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 22 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 23 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 24 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 25 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 26 2021 2020 Revenues Rental $ — $ 134,928 Interest and other — 3,659 — 138,587 Expenses Interest — 39,660 Depreciation and amortization — 32,702 Operating expenses — 117,134 — 189,496 NET INCOME (LOSS) $ — $ (50,909) Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. $ — $ (50,400) Net income (loss) allocated to other Partners $ — $ (509) 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 27 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 28 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 29 2021 2020 Revenues Rental $ 232,847 $ 404,414 Interest and other — 17,415 232,847 421,829 Expenses Interest 20,033 63,653 Depreciation and amortization 30,701 67,110 Operating expenses 236,855 372,500 287,589 503,263 NET INCOME (LOSS) $ (54,742) $ (81,434) Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. $ (54,195) $ (80,620) Net income (loss) allocated to other Partners $ (547) $ (814) 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 30 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 31 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 32 2021 2020 Revenues Rental $ — $ 622,470 Interest and other — 14,241 — 636,711 Expenses Interest — 107,406 Depreciation and amortization — 147,657 Operating expenses — 481,661 — 736,724 NET INCOME (LOSS) $ — $ (100,013) Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. $ — $ (99,013) Net income (loss) allocated to other Partners $ — $ (1,000) 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 33 2021 2020 Revenues Rental $ — $ 673,366 Interest and other — 23,746 — 697,112 Expenses Interest — 111,984 Depreciation and amortization — 144,102 Operating expenses — 518,342 — 774,428 NET INCOME (LOSS) $ — $ (77,316) Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. $ — $ (76,543) Net income (loss) allocated to other Partners $ — $ (773) 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 34 2021 2020 Revenues Rental $ 428,730 $ 365,156 Interest and other 16,679 12,279 445,409 377,435 Expenses Interest 65,027 66,036 Depreciation and amortization 63,958 64,097 Operating expenses 272,129 293,248 401,114 423,381 NET INCOME (LOSS) $ 44,295 $ (45,946) Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. $ 43,852 $ (45,487) Net income (loss) allocated to other Partners $ 443 $ (459) 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 35 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 36 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 37 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 38 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 39 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 40 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 41 2021 2020 Revenues Rental $ 1,678,479 $ 2,134,683 Interest and other 25,707 29,990 1,704,186 2,164,673 Expenses Interest 323,621 407,844 Depreciation and amortization 227,435 381,604 Operating expenses 1,033,973 1,376,860 1,585,029 2,166,308 NET INCOME (LOSS) $ 119,157 $ (1,635) Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. $ 117,965 $ (1,619) Net income (loss) allocated to other Partners $ 1,192 $ (16) 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 42 2021 2020 Revenues Rental $ 359,247 $ 345,969 Interest and other 6,069 5,103 365,316 351,072 Expenses Interest 54,397 55,986 Depreciation and amortization 88,640 89,026 Operating expenses 232,081 232,964 375,118 377,976 NET INCOME (LOSS) $ (9,802) $ (26,904) Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. $ (9,704) $ (26,635) Net income (loss) allocated to other Partners $ (98) $ (269) 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 43 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 44 2021 2020 Revenues Rental $ 786,198 $ 2,726,860 Interest and other 4,290 30,766 790,488 2,757,626 Expenses Interest 159,737 652,971 Depreciation and amortization 165,704 509,427 Operating expenses 380,716 1,180,114 706,157 2,342,512 NET INCOME (LOSS) $ 84,331 $ 415,114 Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. $ 83,488 $ 410,963 Net income (loss) allocated to other Partners $ 843 $ 4,151 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 45 2021 2020 Revenues Rental $ 911,953 $ 2,679,976 Interest and other 8,939 37,178 920,892 2,717,154 Expenses Interest 154,513 405,974 Depreciation and amortization 286,050 670,899 Operating expenses 612,938 1,953,016 1,053,501 3,029,889 NET INCOME (LOS |
TAXABLE LOSS
TAXABLE LOSS | 9 Months Ended |
Dec. 31, 2021 | |
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 | 9 Months Ended |
Dec. 31, 2021 | |
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 | 9 Months Ended |
Dec. 31, 2021 | |
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 Fund 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 | 9 Months Ended |
Dec. 31, 2021 | |
SUBSEQUENT EVENTS | |
SUBSEQUENT EVENTS | NOTE H - SUBSEQUENT EVENTS Events that occur after the balance sheet date but before the financial statements were available to be issued must be evaluated for recognition or disclosure. The effects of subsequent events that provide evidence about conditions that existed at the balance sheet date are recognized in the accompanying financial statements. Subsequent events, which provide evidence about conditions that existed after the balance sheet date, require disclosure in the accompanying notes. Management evaluated the activity of the Fund through the date the financial statements were issued, and concluded that, other than the subsequent event discussed below, no subsequent events have occurred that would require recognition in the financial statements or disclosure in the notes to the financial statements. |
ORGANIZATION (Tables)
ORGANIZATION (Tables) | 9 Months Ended |
Dec. 31, 2021 | |
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) | 9 Months Ended |
Dec. 31, 2021 | |
RELATED PARTY TRANSACTIONS | |
Schedule of fund management fees accrued | 2021 2020 Series 26 $ — $ 4,281 Series 29 1,128 4,629 Series 32 — 15,132 Series 33 — 9,777 Series 34 4,623 6,025 Series 41 20,094 26,529 Series 42 4,050 13,426 Series 43 — 4,815 Series 44 7,935 30,315 Series 45 15,021 28,713 Series 46 40,761 46,332 $ 93,612 $ 189,974 |
Schedule of management fees paid | The fund management fees paid for the nine months ended December 31, 2021 and 2020 are as follows: 2021 2020 Series 26 $ 5,864 $ 4,282 Series 29 27,499 — Series 32 8,938 — Series 33 9,326 9,777 Series 41 33,600 — Series 42 — 19,259 Series 43 — 21,348 Series 44 411,888 84,442 Series 45 683,677 742,389 Series 46 331,796 68,500 $ 1,512,588 $ 949,997 |
INVESTMENTS IN OPERATING PART_2
INVESTMENTS IN OPERATING PARTNERSHIPS (Tables) | 9 Months Ended |
Dec. 31, 2021 | |
INVESTMENTS IN OPERATING PARTNERSHIPS | |
Schedule of operating partnerships within the fund | The breakdown of Operating Partnerships within the Fund at December 31, 2021 and 2020 are as follows: 2021 2020 Series 20 — — Series 21 — — Series 22 — — Series 23 — — Series 24 — — Series 25 — — Series 26 — 1 Series 27 — — Series 28 — — Series 29 1 2 Series 30 — — Series 31 — — Series 32 — 2 Series 33 — 2 Series 34 1 1 Series 35 — — Series 36 — — Series 37 — — Series 38 — — Series 39 — — Series 40 — — Series 41 1 6 Series 42 2 2 Series 43 — — Series 44 1 3 Series 45 4 11 Series 46 8 10 18 40 |
Schedule of dispositions by series | During the nine months ended December 31, 2021 the Fund disposed of fifteen Operating Partnerships. A summary of the dispositions by series for December 31, 2021 is as follows: Operating Sale of Partnership Underlying Fund Proceeds Interest Operating from Gain on Transferred Partnership Disposition Disposition Series 26 1 — $ 20,845 $ 20,845 Series 29 1 — 29,999 29,999 Series 32 1 — 23,823 23,823 Series 33 1 — 23,823 23,823 Series 41 1 — — — Series 42 — — 94,182 94,182 Series 44 — 1 815,747 815,747 Series 45 6 1 691,381 691,381 Series 46 1 1 332,367 332,367 Total 12 3 $ 2,032,167 $ 2,032,167 During the nine months ended December 31, 2020 the Fund disposed of twenty-eight Operating Partnerships. A summary of the dispositions by Series for December 31, 2020 is as follows: Operating Sale of Partnership Underlying Fund Proceeds Interest Operating (loss) from Gain (loss) on Transferred Partnership Disposition * Disposition Series 26 2 — $ 18,800 $ 18,800 Series 29 3 — 44,500 44,500 Series 32 1 — 79,208 79,208 Series 34 1 — 20,800 20,800 Series 41 2 — 64,500 64,500 Series 42 3 1 722,200 722,454 Series 43 11 — 186,635 186,635 Series 44 — — (83,058) (83,058) Series 45 1 1 199,692 199,692 Series 46 2 — 113,326 113,326 Total 26 2 $ 1,366,603 $ 1,366,857 |
Schedule of contributions payable | 2021 2020 Series 29 $ 785 $ 785 |
Schedule of summarized statement of operations in operating partnerships. | 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’s 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 nine months ended September 30, 2021. COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) 2021 2020 Revenues Rental $ 7,472,044 $ 13,472,129 Interest and other 147,786 252,018 7,619,830 13,724,147 Expenses Interest 1,429,567 2,594,439 Depreciation and amortization 1,446,981 2,828,896 Operating expenses 4,605,616 8,606,678 7,482,164 14,030,013 NET INCOME (LOSS) $ 137,666 $ (305,866) Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. $ 136,289 $ (302,809) Net income (loss) allocated to other Partners $ 1,377 $ (3,057) 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 20 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 21 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 22 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 23 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 24 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 25 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 26 2021 2020 Revenues Rental $ — $ 134,928 Interest and other — 3,659 — 138,587 Expenses Interest — 39,660 Depreciation and amortization — 32,702 Operating expenses — 117,134 — 189,496 NET INCOME (LOSS) $ — $ (50,909) Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. $ — $ (50,400) Net income (loss) allocated to other Partners $ — $ (509) 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 27 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 28 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 29 2021 2020 Revenues Rental $ 232,847 $ 404,414 Interest and other — 17,415 232,847 421,829 Expenses Interest 20,033 63,653 Depreciation and amortization 30,701 67,110 Operating expenses 236,855 372,500 287,589 503,263 NET INCOME (LOSS) $ (54,742) $ (81,434) Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. $ (54,195) $ (80,620) Net income (loss) allocated to other Partners $ (547) $ (814) 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 30 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 31 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 32 2021 2020 Revenues Rental $ — $ 622,470 Interest and other — 14,241 — 636,711 Expenses Interest — 107,406 Depreciation and amortization — 147,657 Operating expenses — 481,661 — 736,724 NET INCOME (LOSS) $ — $ (100,013) Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. $ — $ (99,013) Net income (loss) allocated to other Partners $ — $ (1,000) 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 33 2021 2020 Revenues Rental $ — $ 673,366 Interest and other — 23,746 — 697,112 Expenses Interest — 111,984 Depreciation and amortization — 144,102 Operating expenses — 518,342 — 774,428 NET INCOME (LOSS) $ — $ (77,316) Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. $ — $ (76,543) Net income (loss) allocated to other Partners $ — $ (773) 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 34 2021 2020 Revenues Rental $ 428,730 $ 365,156 Interest and other 16,679 12,279 445,409 377,435 Expenses Interest 65,027 66,036 Depreciation and amortization 63,958 64,097 Operating expenses 272,129 293,248 401,114 423,381 NET INCOME (LOSS) $ 44,295 $ (45,946) Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. $ 43,852 $ (45,487) Net income (loss) allocated to other Partners $ 443 $ (459) 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 35 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 36 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 37 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 38 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 39 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 40 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 41 2021 2020 Revenues Rental $ 1,678,479 $ 2,134,683 Interest and other 25,707 29,990 1,704,186 2,164,673 Expenses Interest 323,621 407,844 Depreciation and amortization 227,435 381,604 Operating expenses 1,033,973 1,376,860 1,585,029 2,166,308 NET INCOME (LOSS) $ 119,157 $ (1,635) Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. $ 117,965 $ (1,619) Net income (loss) allocated to other Partners $ 1,192 $ (16) 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 42 2021 2020 Revenues Rental $ 359,247 $ 345,969 Interest and other 6,069 5,103 365,316 351,072 Expenses Interest 54,397 55,986 Depreciation and amortization 88,640 89,026 Operating expenses 232,081 232,964 375,118 377,976 NET INCOME (LOSS) $ (9,802) $ (26,904) Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. $ (9,704) $ (26,635) Net income (loss) allocated to other Partners $ (98) $ (269) 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 43 2021 2020 Revenues Rental $ — $ — Interest and other — — — — Expenses Interest — — Depreciation and amortization — — Operating expenses — — — — NET INCOME (LOSS) $ — $ — Net income (loss) allocated to BF Garden 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 44 2021 2020 Revenues Rental $ 786,198 $ 2,726,860 Interest and other 4,290 30,766 790,488 2,757,626 Expenses Interest 159,737 652,971 Depreciation and amortization 165,704 509,427 Operating expenses 380,716 1,180,114 706,157 2,342,512 NET INCOME (LOSS) $ 84,331 $ 415,114 Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. $ 83,488 $ 410,963 Net income (loss) allocated to other Partners $ 843 $ 4,151 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 45 2021 2020 Revenues Rental $ 911,953 $ 2,679,976 Interest and other 8,939 37,178 920,892 2,717,154 Expenses Interest 154,513 405,974 Depreciation and amortization 286,050 670,899 Operating expenses 612,938 1,953,016 1,053,501 3,029,889 NET INCOME (LOSS) $ (132,609) $ (312,735) Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. $ (131,283) $ (309,608) Net income (loss) allocated to other Partners $ (1,326) $ (3,127) 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. NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued) COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS Nine Months Ended September 30, (Unaudited) Series 46 2021 2020 Revenues Rental $ 3,074,590 $ 3,384,307 Interest and other 86,102 77,641 3,160,692 3,461,948 Expenses Interest 652,239 682,925 Depreciation and amortization 584,493 722,272 Operating expenses 1,836,924 2,080,839 3,073,656 3,486,036 NET INCOME (LOSS) $ 87,036 $ (24,088) Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. $ 86,166 $ (23,847) Net income (loss) allocated to other Partners $ 870 $ (241) 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 ($) | 9 Months Ended | |
Dec. 31, 2021 | Mar. 31, 2021 | |
Capital Unit | ||
BACs Sold | 83,651,080 | 83,651,080 |
Series 20 | ||
Capital Unit | ||
Closing Date | Jun. 24, 1994 | |
BACs Sold | 3,866,700 | 3,866,700 |
Equity Raised | $ 38,667,000 | |
Series 21 | ||
Capital Unit | ||
Closing Date | Dec. 31, 1994 | |
BACs Sold | 1,892,700 | 1,892,700 |
Equity Raised | $ 18,927,000 | |
Series 22 | ||
Capital Unit | ||
Closing Date | Dec. 28, 1994 | |
BACs Sold | 2,564,400 | 2,564,400 |
Equity Raised | $ 25,644,000 | |
Series 23 | ||
Capital Unit | ||
Closing Date | Jun. 23, 1995 | |
BACs Sold | 3,336,727 | 3,336,727 |
Equity Raised | $ 33,366,000 | |
Series 24 | ||
Capital Unit | ||
Closing Date | Sep. 22, 1995 | |
BACs Sold | 2,169,878 | 2,169,878 |
Equity Raised | $ 21,697,000 | |
Series 25 | ||
Capital Unit | ||
Closing Date | Dec. 29, 1995 | |
BACs Sold | 3,026,109 | 3,026,109 |
Equity Raised | $ 30,248,000 | |
Series 26 | ||
Capital Unit | ||
Closing Date | Jun. 25, 1996 | |
BACs Sold | 3,995,900 | 3,995,900 |
Equity Raised | $ 39,959,000 | |
Series 27 | ||
Capital Unit | ||
Closing Date | Sep. 17, 1996 | |
BACs Sold | 2,460,700 | 2,460,700 |
Equity Raised | $ 24,607,000 | |
Series 28 | ||
Capital Unit | ||
Closing Date | Jan. 29, 1997 | |
BACs Sold | 4,000,738 | 4,000,738 |
Equity Raised | $ 39,999,000 | |
Series 29 | ||
Capital Unit | ||
Closing Date | Jun. 10, 1997 | |
BACs Sold | 3,991,800 | 3,991,800 |
Equity Raised | $ 39,918,000 | |
Series 30 | ||
Capital Unit | ||
Closing Date | Sep. 10, 1997 | |
BACs Sold | 2,651,000 | 2,651,000 |
Equity Raised | $ 26,490,750 | |
Series 31 | ||
Capital Unit | ||
Closing Date | Jan. 18, 1998 | |
BACs Sold | 4,417,857 | 4,417,857 |
Equity Raised | $ 44,057,750 | |
Series 32 | ||
Capital Unit | ||
Closing Date | Jun. 23, 1998 | |
BACs Sold | 4,754,198 | 4,754,198 |
Equity Raised | $ 47,431,000 | |
Series 33 | ||
Capital Unit | ||
Closing Date | Sep. 21, 1998 | |
BACs Sold | 2,636,533 | 2,636,533 |
Equity Raised | $ 26,362,000 | |
Series 34 | ||
Capital Unit | ||
Closing Date | Feb. 11, 1999 | |
BACs Sold | 3,529,319 | 3,529,319 |
Equity Raised | $ 35,273,000 | |
Series 35 | ||
Capital Unit | ||
Closing Date | Jun. 28, 1999 | |
BACs Sold | 3,300,463 | 3,300,463 |
Equity Raised | $ 33,004,630 | |
Series 36 | ||
Capital Unit | ||
Closing Date | Sep. 28, 1999 | |
BACs Sold | 2,106,838 | 2,106,838 |
Equity Raised | $ 21,068,375 | |
Series 37 | ||
Capital Unit | ||
Closing Date | Jan. 28, 2000 | |
BACs Sold | 2,512,500 | 2,512,500 |
Equity Raised | $ 25,125,000 | |
Series 38 | ||
Capital Unit | ||
Closing Date | Jul. 31, 2000 | |
BACs Sold | 2,543,100 | 2,543,100 |
Equity Raised | $ 25,431,000 | |
Series 39 | ||
Capital Unit | ||
Closing Date | Jan. 31, 2001 | |
BACs Sold | 2,292,151 | 2,292,151 |
Equity Raised | $ 22,921,000 | |
Series 40 | ||
Capital Unit | ||
Closing Date | Jul. 31, 2001 | |
BACs Sold | 2,630,256 | 2,630,256 |
Equity Raised | $ 26,269,256 | |
Series 41 | ||
Capital Unit | ||
Closing Date | Jan. 31, 2002 | |
BACs Sold | 2,891,626 | 2,891,626 |
Equity Raised | $ 28,916,260 | |
Series 42 | ||
Capital Unit | ||
Closing Date | Jul. 31, 2002 | |
BACs Sold | 2,744,262 | 2,744,262 |
Equity Raised | $ 27,442,620 | |
Series 43 | ||
Capital Unit | ||
Closing Date | Dec. 31, 2002 | |
BACs Sold | 3,637,987 | 3,637,987 |
Equity Raised | $ 36,379,870 | |
Series 44 | ||
Capital Unit | ||
Closing Date | Apr. 30, 2003 | |
BACs Sold | 2,701,973 | 2,701,973 |
Equity Raised | $ 27,019,730 | |
Series 45 | ||
Capital Unit | ||
Closing Date | Sep. 16, 2003 | |
BACs Sold | 4,014,367 | 4,014,367 |
Equity Raised | $ 40,143,670 | |
Series 46 | ||
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) | Jul. 01, 2003item | Jul. 24, 2002item | Jul. 24, 2001item | Jul. 26, 2000item | Aug. 31, 1999item | Apr. 02, 1998item | Apr. 18, 1996item | Dec. 16, 1993USD ($)item |
ORGANIZATION | ||||||||
Units of limited partnership interest, authorized | 30,000,000 | |||||||
Limited Partners Capital Account Per Units | $ | 10 | |||||||
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 ($) | 3 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | $ 93,612 | $ 189,974 |
Series 26 | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 4,281 |
Series 29 | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 1,128 | 4,629 |
Series 32 | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 15,132 |
Series 33 | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 9,777 |
Series 34 | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 4,623 | 6,025 |
Series 41 | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 20,094 | 26,529 |
Series 42 | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 4,050 | 13,426 |
Series 43 | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 0 | 4,815 |
Series 44 | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 7,935 | 30,315 |
Series 45 | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | 15,021 | 28,713 |
Series 46 | ||
Related Party Transaction [Line Items] | ||
Gross Fund Management Fee | $ 40,761 | $ 46,332 |
RELATED PARTY TRANSACTIONS - _2
RELATED PARTY TRANSACTIONS - Fund management fees paid (Details) - USD ($) | 9 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Related Party Transaction [Line Items] | ||
Fund management fees paid | $ 1,512,588 | $ 949,997 |
Series 26 | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 5,864 | 4,282 |
Series 29 | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 27,499 | 0 |
Series 32 | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 8,938 | 0 |
Series 33 | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 9,326 | 9,777 |
Series 41 | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 33,600 | 0 |
Series 42 | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 0 | 19,259 |
Series 43 | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 0 | 21,348 |
Series 44 | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 411,888 | 84,442 |
Series 45 | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | 683,677 | 742,389 |
Series 46 | ||
Related Party Transaction [Line Items] | ||
Fund management fees paid | $ 331,796 | $ 68,500 |
RELATED PARTY TRANSACTIONS - Ad
RELATED PARTY TRANSACTIONS - Additional Information (Details) | 9 Months Ended |
Dec. 31, 2021 | |
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 | Dec. 31, 2021 | Dec. 31, 2020 |
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 18 | 40 |
Series 20 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series 21 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series 22 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series 23 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series 24 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series 25 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series 26 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 1 |
Series 27 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series 28 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series 29 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 1 | 2 |
Series 30 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series 31 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series 32 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 2 |
Series 33 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 2 |
Series 34 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 1 | 1 |
Series 35 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series 36 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series 37 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series 38 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series 39 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series 40 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series 41 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 1 | 6 |
Series 42 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 2 | 2 |
Series 43 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 0 | 0 |
Series 44 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 1 | 3 |
Series 45 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 4 | 11 |
Series 46 | ||
Number Of Operating Partnerships | ||
Number Of Operating Partnerships | 8 | 10 |
INVESTMENTS IN OPERATING PART_4
INVESTMENTS IN OPERATING PARTNERSHIPS - Contributions payable (Details) - USD ($) | Dec. 31, 2021 | Mar. 31, 2021 | Dec. 31, 2020 |
Contributions Payable | |||
Capital contributions payable | $ 785 | $ 785 | |
Series 29 | |||
Contributions Payable | |||
Capital contributions payable | $ 785 | $ 785 | $ 785 |
INVESTMENTS IN OPERATING PART_5
INVESTMENTS IN OPERATING PARTNERSHIPS - Dispositions by series (Details) | 9 Months Ended | |
Dec. 31, 2021USD ($)item | Dec. 31, 2020USD ($)item | |
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 12 | 26 |
Sale of Underlying Operating Partnership | item | 3 | 2 |
Fund Proceeds from Disposition | $ 2,032,167 | $ 1,366,603 |
Gain on Disposition | $ 2,032,167 | $ 1,366,857 |
Series 26 | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 1 | 2 |
Sale of Underlying Operating Partnership | item | 0 | 0 |
Fund Proceeds from Disposition | $ 20,845 | $ 18,800 |
Gain on Disposition | 20,845 | 18,800 |
Series 27 | ||
Dispositions By Series Disclosure | ||
Fund Proceeds from Disposition | 0 | 0 |
Series 24 | ||
Dispositions By Series Disclosure | ||
Fund Proceeds from Disposition | 0 | 0 |
Series 28 | ||
Dispositions By Series Disclosure | ||
Fund Proceeds from Disposition | $ 0 | $ 0 |
Series 29 | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 1 | 3 |
Sale of Underlying Operating Partnership | item | 0 | 0 |
Fund Proceeds from Disposition | $ 29,999 | $ 44,500 |
Gain on Disposition | 29,999 | 44,500 |
Series 31 | ||
Dispositions By Series Disclosure | ||
Fund Proceeds from Disposition | $ 0 | $ 0 |
Series 32 | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 1 | 1 |
Sale of Underlying Operating Partnership | item | 0 | 0 |
Fund Proceeds from Disposition | $ 23,823 | $ 79,208 |
Gain on Disposition | $ 23,823 | 79,208 |
Series 33 | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 1 | |
Sale of Underlying Operating Partnership | item | 0 | |
Fund Proceeds from Disposition | $ 23,823 | $ 0 |
Gain on Disposition | 23,823 | |
Series 34 | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 1 | |
Sale of Underlying Operating Partnership | item | 0 | |
Fund Proceeds from Disposition | 0 | $ 20,800 |
Gain on Disposition | 20,800 | |
Series 35 | ||
Dispositions By Series Disclosure | ||
Fund Proceeds from Disposition | 0 | 0 |
Series 36 | ||
Dispositions By Series Disclosure | ||
Fund Proceeds from Disposition | 0 | 0 |
Series 38 | ||
Dispositions By Series Disclosure | ||
Fund Proceeds from Disposition | 0 | $ 0 |
Series 43 | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 11 | |
Sale of Underlying Operating Partnership | item | 0 | |
Fund Proceeds from Disposition | 0 | $ 186,635 |
Gain on Disposition | 186,635 | |
Series 40 | ||
Dispositions By Series Disclosure | ||
Fund Proceeds from Disposition | $ 0 | $ 0 |
Series 41 | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 1 | 2 |
Sale of Underlying Operating Partnership | item | 0 | 0 |
Fund Proceeds from Disposition | $ 0 | $ 64,500 |
Gain on Disposition | $ 64,500 | |
Series 42 | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 0 | 3 |
Sale of Underlying Operating Partnership | item | 0 | 1 |
Fund Proceeds (loss) from Disposition | $ 254 | |
Fund Proceeds from Disposition | $ 94,182 | 722,200 |
Gain on Disposition | $ 94,182 | $ 722,454 |
Series 44 | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 0 | 0 |
Sale of Underlying Operating Partnership | item | 1 | 0 |
Fund Proceeds from Disposition | $ 815,747 | $ (83,058) |
Gain on Disposition | $ 815,747 | $ (83,058) |
Series 45 | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 6 | 1 |
Sale of Underlying Operating Partnership | item | 1 | 1 |
Fund Proceeds from Disposition | $ 691,381 | $ 199,692 |
Gain on Disposition | $ 691,381 | $ 199,692 |
Series 46 | ||
Dispositions By Series Disclosure | ||
Operating Partnership Interest Transferred | item | 1 | 2 |
Sale of Underlying Operating Partnership | item | 1 | 0 |
Fund Proceeds from Disposition | $ 332,367 | $ 113,326 |
Gain on Disposition | $ 332,367 | $ 113,326 |
INVESTMENTS IN OPERATING PART_6
INVESTMENTS IN OPERATING PARTNERSHIPS - Current financial results available for the Operating Partnerships (Details) - USD ($) | 9 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Revenues | ||
Rental | $ 7,472,044 | $ 13,472,129 |
Interest and other | 147,786 | 252,018 |
Operating Partnerships Revenues | 7,619,830 | 13,724,147 |
Expenses | ||
Interest | 1,429,567 | 2,594,439 |
Depreciation and amortization | 1,446,981 | 2,828,896 |
Operating expenses | 4,605,616 | 8,606,678 |
Operating Partnerships Total Expenses | 7,482,164 | 14,030,013 |
NET INCOME (LOSS) | 137,666 | (305,866) |
Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. | 136,289 | (302,809) |
Net income (loss) allocated to other Partners | 1,377 | (3,057) |
Series 20 | ||
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 BF Garden Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other Partners | 0 | 0 |
Series 21 | ||
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 BF Garden Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other Partners | 0 | 0 |
Series 22 | ||
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 BF Garden Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other Partners | 0 | 0 |
Series 23 | ||
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 BF Garden Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other Partners | 0 | 0 |
Series 24 | ||
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 BF Garden Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other Partners | 0 | 0 |
Series 25 | ||
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 BF Garden Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other Partners | 0 | 0 |
Series 26 | ||
Revenues | ||
Rental | 0 | 134,928 |
Interest and other | 0 | 3,659 |
Operating Partnerships Revenues | 0 | 138,587 |
Expenses | ||
Interest | 0 | 39,660 |
Depreciation and amortization | 0 | 32,702 |
Operating expenses | 0 | 117,134 |
Operating Partnerships Total Expenses | 0 | 189,496 |
NET INCOME (LOSS) | 0 | (50,909) |
Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. | 0 | (50,400) |
Net income (loss) allocated to other Partners | 0 | (509) |
Series 27 | ||
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 BF Garden Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other Partners | 0 | 0 |
Series 28 | ||
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 BF Garden Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other Partners | 0 | 0 |
Series 29 | ||
Revenues | ||
Rental | 232,847 | 404,414 |
Interest and other | 17,415 | |
Operating Partnerships Revenues | 232,847 | 421,829 |
Expenses | ||
Interest | 20,033 | 63,653 |
Depreciation and amortization | 30,701 | 67,110 |
Operating expenses | 236,855 | 372,500 |
Operating Partnerships Total Expenses | 287,589 | 503,263 |
NET INCOME (LOSS) | (54,742) | (81,434) |
Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. | (54,195) | (80,620) |
Net income (loss) allocated to other Partners | (547) | (814) |
Series 30 | ||
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 BF Garden Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other Partners | 0 | 0 |
Series 31 | ||
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 BF Garden Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other Partners | 0 | 0 |
Series 32 | ||
Revenues | ||
Rental | 0 | 622,470 |
Interest and other | 0 | 14,241 |
Operating Partnerships Revenues | 0 | 636,711 |
Expenses | ||
Interest | 0 | 107,406 |
Depreciation and amortization | 0 | 147,657 |
Operating expenses | 0 | 481,661 |
Operating Partnerships Total Expenses | 0 | 736,724 |
NET INCOME (LOSS) | 0 | (100,013) |
Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. | 0 | (99,013) |
Net income (loss) allocated to other Partners | 0 | (1,000) |
Series 33 | ||
Revenues | ||
Rental | 0 | 673,366 |
Interest and other | 0 | 23,746 |
Operating Partnerships Revenues | 0 | 697,112 |
Expenses | ||
Interest | 0 | 111,984 |
Depreciation and amortization | 0 | 144,102 |
Operating expenses | 0 | 518,342 |
Operating Partnerships Total Expenses | 0 | 774,428 |
NET INCOME (LOSS) | 0 | (77,316) |
Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. | 0 | (76,543) |
Net income (loss) allocated to other Partners | 0 | (773) |
Series 34 | ||
Revenues | ||
Rental | 428,730 | 365,156 |
Interest and other | 16,679 | 12,279 |
Operating Partnerships Revenues | 445,409 | 377,435 |
Expenses | ||
Interest | 65,027 | 66,036 |
Depreciation and amortization | 63,958 | 64,097 |
Operating expenses | 272,129 | 293,248 |
Operating Partnerships Total Expenses | 401,114 | 423,381 |
NET INCOME (LOSS) | 44,295 | (45,946) |
Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. | 43,852 | (45,487) |
Net income (loss) allocated to other Partners | 443 | (459) |
Series 35 | ||
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 BF Garden Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other Partners | 0 | 0 |
Series 36 | ||
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 BF Garden Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other Partners | 0 | 0 |
Series 37 | ||
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 BF Garden Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other Partners | 0 | 0 |
Series 38 | ||
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 BF Garden Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other Partners | 0 | 0 |
Series 39 | ||
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 BF Garden Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other Partners | 0 | 0 |
Series 40 | ||
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 BF Garden Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other Partners | 0 | 0 |
Series 41 | ||
Revenues | ||
Rental | 1,678,479 | 2,134,683 |
Interest and other | 25,707 | 29,990 |
Operating Partnerships Revenues | 1,704,186 | 2,164,673 |
Expenses | ||
Interest | 323,621 | 407,844 |
Depreciation and amortization | 227,435 | 381,604 |
Operating expenses | 1,033,973 | 1,376,860 |
Operating Partnerships Total Expenses | 1,585,029 | 2,166,308 |
NET INCOME (LOSS) | 119,157 | (1,635) |
Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. | 117,965 | (1,619) |
Net income (loss) allocated to other Partners | 1,192 | (16) |
Series 42 | ||
Revenues | ||
Rental | 359,247 | 345,969 |
Interest and other | 6,069 | 5,103 |
Operating Partnerships Revenues | 365,316 | 351,072 |
Expenses | ||
Interest | 54,397 | 55,986 |
Depreciation and amortization | 88,640 | 89,026 |
Operating expenses | 232,081 | 232,964 |
Operating Partnerships Total Expenses | 375,118 | 377,976 |
NET INCOME (LOSS) | (9,802) | (26,904) |
Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. | (9,704) | (26,635) |
Net income (loss) allocated to other Partners | (98) | (269) |
Series 43 | ||
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 BF Garden Tax Credit Fund IV L.P. | 0 | 0 |
Net income (loss) allocated to other Partners | 0 | 0 |
Series 44 | ||
Revenues | ||
Rental | 786,198 | 2,726,860 |
Interest and other | 4,290 | 30,766 |
Operating Partnerships Revenues | 790,488 | 2,757,626 |
Expenses | ||
Interest | 159,737 | 652,971 |
Depreciation and amortization | 165,704 | 509,427 |
Operating expenses | 380,716 | 1,180,114 |
Operating Partnerships Total Expenses | 706,157 | 2,342,512 |
NET INCOME (LOSS) | 84,331 | 415,114 |
Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. | 83,488 | 410,963 |
Net income (loss) allocated to other Partners | 843 | 4,151 |
Series 45 | ||
Revenues | ||
Rental | 911,953 | 2,679,976 |
Interest and other | 8,939 | 37,178 |
Operating Partnerships Revenues | 920,892 | 2,717,154 |
Expenses | ||
Interest | 154,513 | 405,974 |
Depreciation and amortization | 286,050 | 670,899 |
Operating expenses | 612,938 | 1,953,016 |
Operating Partnerships Total Expenses | 1,053,501 | 3,029,889 |
NET INCOME (LOSS) | (132,609) | (312,735) |
Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. | (131,283) | (309,608) |
Net income (loss) allocated to other Partners | (1,326) | (3,127) |
Series 46 | ||
Revenues | ||
Rental | 3,074,590 | 3,384,307 |
Interest and other | 86,102 | 77,641 |
Operating Partnerships Revenues | 3,160,692 | 3,461,948 |
Expenses | ||
Interest | 652,239 | 682,925 |
Depreciation and amortization | 584,493 | 722,272 |
Operating expenses | 1,836,924 | 2,080,839 |
Operating Partnerships Total Expenses | 3,073,656 | 3,486,036 |
NET INCOME (LOSS) | 87,036 | (24,088) |
Net income (loss) allocated to BF Garden Tax Credit Fund IV L.P. | 86,166 | (23,847) |
Net income (loss) allocated to other Partners | $ 870 | $ (241) |