Under Rev. Proc. 2007-65, there are no calls (developer's rights to buy out the investor's interest) in the first 5 years, and no puts (investor's rights to require the developer to buy out the investor's interest) at all
{"Image DocumentName": "Under Rev. Proc , there are no calls (developer\u2019s rights to buy out the investor\u2019s interest) in the first 5 years, and no puts (investor\u2019s rights to require the developer to buy out the investor\u2019s interest) at all", "Image ImageDescription": "Any calls must be for not less than the fair market value of the interest involved.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}