Note 5 - Income Taxes: Reconciliation between the Partnership's reported amounts and the Federal tax basis of net assets (Tables)

12 Months Ended

Dec. 31, 2013

Tables/Schedules

Reconciliation between the Partnership's reported amounts and the Federal tax basis of net assets

	December 31,
	2013	2012
Net deficit as reported	$ 850	$ (7,129)
Add (deduct):
Deferred offering costs	5,091	5,091
Investment in Local Limited Partnerships	--	(1,797)
Accrued interest	--	5,808
Other	107	(15)
Net asset (deficit) – Federal tax basis	$ 6,048	$ 1,958