Looking at a LIHTC Property

[Aaron C.]

Hi everyone! I'm looking at a LIHTC in AZ and just wondering if anyone has any experience with this? The property has about 3 years left and then has 3 years for a De-Regulation period.

I'm not sure if there is any tax credits left. With how many years are left, do you know if there are any loopholes to get out of the compliance? If we haven't received any of the tax credits, what would it matter? What can happen if your not in compliance?

Any information would be great