CPE: Novogradac NMTC Exit Strategies Webinar


Novogradac & Company LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org

Instructional delivery method: Group internet

Learning Objectives:

  • Identify the motivations of investors, CDE allocatees and QALICBs for exiting the NMTC deal structure
  • Define the put and call options and who in the ownership structure holds each
  • Define qualified real property business indebtedness and calculate cancellation of debt (COD) income based on different fair market value scenarios
  • Calculate how a cost segregation study can create additional deductions to offset income 
  • List QALICB strategies for capturing residual
  • List exit and tax strategies for the investor
  • Identify the steps associated with collapsing the structure
  • List the sub-CDE liquidation reporting requirements as outlined by the CDFI Fund
  • Identify helpful actions to consider when planning for the exit

Level: Intermediate

Prerequisites: Basic understanding of the NMTC program

Advance preparation required: None

Field of Study: Taxes

Credit hours: 2

In accordance with the standards of the National Registry of CPE Sponsors, CPE credits for this course are based on a 50-minute hour, group-internet-based instructional method.

Note: Multiple paid registrants within an organization may choose to watch the webinar on one screen. In situations where small groups view a webinar, in order for multiple members of the group to claim CPE credit it is not necessary for the individuals in the group to respond to polling questions individually. The person logged into the program may respond to the polling on behalf of the group; however, the monitoring of active participation of the individuals in the small group will be documented and verified by the small group administrator.

If you are watching the webinar in a group and wish to be eligible to claim CPE credit for multiple members of the group, please print and fill out the Small Group Sign-in Sheet and submit it to [email protected].

Policy for addressing concerns or issues with Continuing Professional Education delivered by Novogradac & Company 

Please address any questions or concerns regarding CPE at Novogradac & Company workshops, webinars or on-demand courses to the Novogradac Products Desk at 415-356-7960 or [email protected].

Unresolved issues or concerns regarding registered CPE sponsors may be reported to the National Registry of CPE Sponsors and submitted online at www.nasbaregistry.org/cpas/complaints.

Note also that although recordings of most webinars are available for purchase, unless specifically stated, CPE is NOT available for webinar recordings.