RELATED PARTY TRANSACTIONS

6 Months Ended

Sep. 30, 2019

NOTE C - RELATED PARTY TRANSACTIONS

The Fund has entered into several transactions with various affiliates of its general partner, including Boston Capital Holdings LP, Boston Capital Partners, Inc., and Boston Capital Asset Management Limited Partnership, as follows:

An annual fund management fee, based on .5 percent of the aggregate cost of all apartment complexes owned by the Operating Partnerships, has been accrued to Boston Capital Asset Management Limited Partnership. Since reporting fees collected by the series were added to reserves and not paid to Boston Capital Asset Management Limited Partnership, the amounts accrued are not net of reporting fees received. The fund management fees accrued for the three months ended September 30, 2019 and 2018 are as follows:


	2019		2018
Series 15	$	—	$	8,772
Series 16		18,480		20,021
Series 17		8,844		12,219
Series 18		15,948		15,948
Series 19		—		3,168
	$	43,272	$	60,128

The fund management fees paid for the three months ended September 30, 2019 and 2018 are as follows:


	2019		2018
Series 15	$	—	$	62,500
Series 16		70,000		80,083
Series 17		8,844		12,219
Series 18		—		100,000
Series 19		—		3,168
	$	78,844	$	257,970

The fund management fees paid for the six months ended September 30, 2019 and 2018 are as follows:


	2019		2018
Series 15	$	—	$	62,500
Series 16		70,000		155,683
Series 17		17,688		24,438
Series 18		—		915,520
Series 19		—		7,683
	$	87,688	$	1,165,824