RELATED PARTY TRANSACTIONS

6 Months Ended

Sep. 30, 2011

Related Party Transactions [Abstract]

Related Party Transactions Disclosure [Text Block]

NOTE C - RELATED PARTY TRANSACTIONS

The Partnership has entered into several transactions with various affiliates of the general partner, including Boston Capital Holdings, L.P. and Boston Capital Asset Management Limited Partnership, or BCAMLP, as follows:

Accounts payable - affiliates at September 30, 2011 and 2010 represents accrued general and administrative expenses, accrued partnership management fees, and advances from an affiliate of the general partner, which are payable to Boston Capital Holdings, L.P. and Boston Capital Asset Management Limited Partnership.

An annual partnership management fee based on .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 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 partnership management fee accrued for the quarters ended September 30, 2011 and 2010 are as follows:

	2011		2010
Series 7	$	-	$	-
Series 9		46,788		51,246
Series 10		24,222		24,222
Series 11		29,658		29,658
Series 12		32,628		34,887
Series 14		87,075		93,564
	$	220,371	$	233,577

The partnership management fee paid for the quarters ended September 30, 2011 and 2010 are as follows:

	2011		2010
Series 7	$	-	$	-
Series 9		85,000		-
Series 10		-		-
Series 11		300,000		-
Series 12		300,000		-
Series 14		375,000		-
	$	1,060,000	$	-

The partnership management fee paid for the six months ended September 30, 2011 and 2010 are as follows:

	2011		2010
Series 7	$	-	$	-
Series 9		85,000		-
Series 10		-		-
Series 11		300,000		350,000
Series 12		300,000		-
Series 14		375,000		100,000
	$	1,060,000	$	450,000