The IRS Sets Price Safe Harbors for MSA Residences
The IRS provides issuers of qualified mortgage bonds, as defined in IRC Sec. 143, and issuers of mortgage credit certificates, as defined in IRC Sec. 25(c), with (1) the nationwide average purchase prices for residences located in the United States, and (2) average area purchase price safe harbors for residences located in statistical areas in …
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