RELATED PARTY TRANSACTIONS

3 Months Ended

Jun. 30, 2014

Related Party Transactions [Abstract]

Related Party Transactions Disclosure [Text Block]

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, 2014 and 2013, are as follows: 

	2014	2013
Series 20	$   19,446	$   25,539
Series 21	14,325	16,770
Series 22	15,615	18,615
Series 23	22,680	22,680
Series 24	16,683	27,003
Series 25	8,459	13,026
Series 26	45,438	57,567
Series 27	44,235	56,349
Series 28	55,893	71,276
Series 29	66,907	82,851
Series 30	38,787	38,787
Series 31	76,254	83,127
Series 32	66,228	68,544
Series 33	30,852	30,852
Series 34	61,887	64,149
Series 35	50,520	50,520
Series 36	33,120	33,120
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	59,391	59,517
Series 42	62,175	62,175
Series 43	76,695	76,695
Series 44	63,657	71,175
Series 45	70,800	90,939
Series 46	62,382	62,382
	$1,238,949	$1,360,178

The fund management fees paid for the three months ended June 30, 2014 and 2013 are as follows:

	2014	2013
Series 20	$        -	$    6,402
Series 22	-	90,375
Series 23	-	18,900
Series 24	16,683	1,569,279
Series 25	8,459	13,026
Series 26	45,438	75,000
Series 27	88,473	56,283
Series 28	-	258,775
Series 32	-	1,449
Series 36	-	1,000,000
Series 42	-	50,000
Series 45	-	50,442
	$  159,053	$3,189,931