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, 2020 and 2019, are as follows:


	2020		2019
Series 20	$	–	$	–
Series 21		–		–
Series 22		–		–
Series 23		–		–
Series 24		–		10,299
Series 25		–		–
Series 26		4,282		13,938
Series 27		–		7,635
Series 28		–		7,296
Series 29		6,854		7,260
Series 30		–		–
Series 31		–		4,308
Series 32		15,132		19,794
Series 33		9,777		13,318
Series 34		6,727		12,365
Series 35		–		10,653
Series 36		–		5,172
Series 37		–		–
Series 38		–		16,581
Series 39		–		–
Series 40		–		20,870
Series 41		28,521		34,077
Series 42		19,259		23,790
Series 43		21,348		31,111
Series 44		30,315		54,702
Series 45		38,900		59,644
Series 46		48,489		52,299
	$	229,604	$	405,112

The fund management fees paid for the three months ended June 30, 2020 and 2019 are as follows:


	2020		2019
Series 24	$	–	$	10,299
Series 26		4,282		13,938
Series 27		–		7,635
Series 28		–		7,296
Series 31		–		4,308
Series 33		9,777		–
Series 35		–		10,653
Series 36		–		5,172
Series 38		–		16,581
Series 42		19,259		23,790
Series 43		21,348		–
Series 45		507,673		–
	$	562,339	$	99,672