Use a Non Profit 501(c) 3 CDC to Enhance Your Return

December 16, 2009 by admin
Filed under: Articles 

The CDC contributed the property to a limited liability company in exchange for a $500,000 promissory note and a 10% membership interest in the LLC. The LLC refinanced the property with the same lender at a 4.25% interest rate.

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Use a Non Profit 501(c) 3 CDC to Enhance Your Return

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