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Property Address

IRS IRC § 42 Audit Technique Guide — Part I (Introduction and Pre-Contact Analysis) · 2026 edition · updated 2026-07-29 · United States

Using the building address (Form 8609, line A), research the local property records. Recorded documents provide information regarding:

  • the value of the land and buildings,

  • changes in ownership during the life of the project that may have triggered the credit recapture requirements,

  • debt financing used to finance the low-income project,

  • contracts imposing additional restrictions on the use of the property, and

  • the extended use agreement. If an extended use agreement is not recorded, then the project may not be a low-income project qualifying for the credit. Local courthouse records can be reviewed.

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▸Contents — IRS IRC § 42 Audit Technique Guide — Part I (Introduction and Pre-Contact Analysis)
IRS IRC § 42 Audit Technique Guide — Part I (Introduction and Pre-Contact Analysis)

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