RELATED PARTY TRANSACTIONS

3 Months Ended

Jun. 30, 2013

  NOTE C - RELATED  PARTY TRANSACTIONS
     
  The Fund has  entered into several transactions with various affiliates of the  general partner of the Fund, including Boston Capital Holdings  Limited Partnership, Boston Capital Securities, Inc., and Boston  Capital Asset Management Limited Partnership as  follows:
     
  An annual fund  management fee of .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 various 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 quarters ended  June 30, 2013 and 2012, are as follows:
     
       
    2013
    2012
  
    Series 20
    $   25,539
    $   26,817
  
    Series 21
    16,770
    16,770
  
    Series 22
    18,615
    37,717
  
    Series 23
    22,680
    32,694
  
    Series 24
    27,003
    34,815
  
    Series 25
    13,026
    22,464
  
    Series 26
    57,567
    80,289
  
    Series 27
    56,349
    58,428
  
    Series 28
    71,276
    77,817
  
    Series 29
    82,851
    82,851
  
  Series  30
    38,787
    43,536
  
  Series  31
    83,127
    91,038
  
    Series 32
    68,544
    70,857
  
    Series 33
    30,852
    30,852
  
    Series 34
    64,149
    73,299
  
    Series 35
    50,520
    57,090
  
    Series 36
    33,120
    40,149
  
  Series  37
    51,216
    51,216
  
    Series 38
    41,100
    41,100
  
    Series 39
    34,200
    34,200
  
  Series  40
    50,004
    50,004
  
    Series 41
    59,517
    59,517
  
  Series  42
    62,175
    62,445
  
  Series  43
    76,695
    76,695
  
  Series  44
    71,175
    71,175
  
  Series  45
    90,939
    91,641
  
  Series  46
       62,382
       62,382
  
   
    $1,360,178
    $1,477,858
  
    
     
  The fund  management fees paid for the three months ended June 30, 2013 and  2012 are as follows:
     
       
    2013
    2012
  
  Series  20
    $    6,402
    $        -
  
  Series  22
    90,375
  -
  
  Series  23
    18,900
  -
  
  Series  24
    1,569,279
  -
  
  Series  25
    13,026
  -
  
  Series  26
    75,000
  -
  
  Series  27
    56,283
  -
  
  Series  28
    258,775
  -
  
  Series  32
    1,449
  -
  
  Series  36
    1,000,000
  -
  
  Series  42
    50,000
  -
  
  Series  45
       50,442
            -
  
   
    $3,189,931
    $        -
  
  

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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