Quarterly Results Of Operations

12 Months Ended

Mar. 31, 2012

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results Of Operations

NOTE 4 - QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

The following is a summary of the quarterly operations for the years ended March 31 (rounded):

	June 30			September 30			December 31			March 31
2012
Income	$	3,000		$	6,000		$	20,000		$	6,000
Operating expenses		26,000			21,000			57,000			25,000
Loss from operations		(23,000	)		(15,000	)		(37,000	)		(19,000	)
Gain on sale of Local Limited Partnerships		75,000			-			44,000			18,000
Net income (loss)		52,000			(15,000	)		7,000			(1,000	)
Net income (loss) available to Limited    Partners		51,000			(15,000	)		7,000			(1,000	)
Net income (loss) per Partnership Unit		3			(1	)		-			-

	June 30			September 30		December 31			March 31
2011
Income	$	-		$	14,000	$	7,000		$	12,000
Operating expenses		12,000			14,000		12,000			16,000
Loss from operations		(12,000	)		-		(5,000	)		(3,000	)
Gain on sale of Local Limited Partnerships		-			25,000		-			-
Net income (loss)		(12,000	)		25,000		(5,000	)		(4,000	)
Net income (loss) available to Limited Partners		(12,000	)		25,000		(5,000	)		(4,000	)
Net income (loss) per Partnership Unit		(1	)		2		-			-

	June 30			September 30			December 31			March 31
2010
Income	$	-		$	9,000		$	10,000		$	-
Operating expenses and loss		12,000			15,000			34,000			27,000
Loss from operations		(12,000	)		(6,000	)		(24,000	)		(27,000	)
Net loss		(12,000	)		(6,000	)		(24,000	)		(27,000	)
Net loss available to Limited Partners		(12,000	)		(6,000	)		(24,000	)		(27,000	)
Net loss per Partnership Unit		-			-			(2	)		(2	)