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Is it fair to charge shareholders the tax credit assessment when they are told that they do not qualify for the credit since they purchased from the sponsor? It just seems unfair to do so since the spirit of the assessment is that it's not supposed to be felt "out-of-pocket."
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It does not matter; although the sponsor does not qualify, it has to pay for taxes assessment just like any other shareholder. If you bought from the sponsor and the tax credit assessment was not announced until after the sale, you need to pay for it. Unfortunately, you did not know better and did not ask the sponsor to cover it prorate as part of the condition for the sale.
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Board Talk members who registered prior to March 9th, 2016 will need to reset their password.