**EXHIBIT 99.B**

** **

Boston Capital Tax Credit Fund IV LP - Series 20Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002

 
|                 |   |             |   | **Initial cost to company** |   | **Cost capitalized   subsequent to   acquisition** |   | **Gross amount at which carried  at close of period** |   |      |   |                             |   |        |   |                          |   |
|----------------------|--------|------------------|--------|-----------------------------|--------|----------------------------------------------------|--------|-------------------------------------------------------|--------|-----------|--------|----------------------------------|--------|-------------|--------|-------------------------------|--------|
| **Description**      |   | **Encumbrances** |   | **Land**                    |   | **Buildings  and  improvements**                   |   | **Improvements**                                      |   | **Land**  |   | **Buildings  and  Improvements** |   | **Total**   |   | **Accumulated  depreciation** |   | **Date of  construction** |   | **Date    acquired** |   | **Life on  which   depreciation is   computed** |   |
| 2730 LAFFERTY ST     |   | 5,035,305        |   | 435,550                     |   | 3,717,895                                          |   | 4,177,921                                             |   | 435,550   |   | 7,895,816                        |   | 8,331,366   |   | 2,735,622                     |   | 09/95 |   | 06/94 |   | 5-27.5 |   |
| ASHBURY APTS         |   | 1,174,146        |   | 148,007                     |   | 2,158,237                                          |   | 68,877                                                |   | 148,007   |   | 2,227,114                        |   | 2,375,121   |   | 596,324                       |   | 06/94 |   | 04/94 |   | 5-27.5 |   |
| BENNETS PT           |   | 1,333,699        |   | 71,749                      |   | 1,557,622                                          |   | 18,696                                                |   | 71,749    |   | 1,576,318                        |   | 1,648,067   |   | 476,931                       |   | 08/94 |   | 03/94 |   | 5-27.5 |   |
| BRADLEY ELDERLY      |   | 793,121          |   | 4,000                       |   | 986,204                                            |   | (20,018                                               | )      | 4,000     |   | 966,186                          |   | 970,186     |   | 260,908                       |   | 03/95 |   | 08/94 |   | 5-27.5 |   |
| BREEZE COVE          |   | 2,674,251        |   | 128,751                     |   | 5,333,835                                          |   | 34,529                                                |   | 128,751   |   | 5,368,364                        |   | 5,497,115   |   | 1,656,359                     |   | 10/94 |   | 05/94 |   | 5-27.5 |   |
| CASCADES COMMONS     |   | 14,387,928       |   | 5,131,293                   |   | 2,743,532                                          |   | 23,525,751                                            |   | 3,375,809 |   | 26,269,283                       |   | 29,645,092  |   | 5,990,871                     |   | 10/95 |   | 06/94 |   | 5-27.5 |   |
| CLARKESVILLE ESTATES |   | 689,275          |   | 28,550                      |   | 838,235                                            |   | 14,349                                                |   | 28,550    |   | 852,584                          |   | 881,134     |   | 330,951                       |   | 09/94 |   | 06/94 |   | 5-27.5 |   |
| COLLEGE GREEN        |   | 3,727,860        |   | 225,000                     |   | 6,813,536                                          |   | 33,373                                                |   | 225,000   |   | 6,846,909                        |   | 7,071,909   |   | 1,807,838                     |   | 08/95 |   | 03/95 |   | 5-27.5 |   |
| CONCORDIA HOUSING    |   | 1,456,072        |   | 0                           |   | 1,997,510                                          |   | 0                                                     |   | 0         |   | 1,997,510                        |   | 1,997,510   |   | 368,008                       |   | 07/95 |   | 08/94 |   | 10-40 |   |
| COUSHATTA SR II      |   | 707,877          |   | 25,700                      |   | 904,920                                            |   | 2,640                                                 |   | 25,700    |   | 907,560                          |   | 933,260     |   | 177,489                       |   | 03/94 |   | 05/94 |   | 5-27.5 |   |
| CYNTHIANA HOUSING    |   | 796,049          |   | 32,117                      |   | 1,016,135                                          |   | 678,695                                               |   | 32,117    |   | 1,694,830                        |   | 1,726,947   |   | 507,128                       |   | 04/95 |   | 10/94 |   | 5-27.5 |   |
| EAST DOUGLAS         |   | 2,119,080        |   | 23,913                      |   | 2,593,259                                          |   | 1,437,663                                             |   | 23,913    |   | 4,030,922                        |   | 4,054,835   |   | 924,447                       |   | 12/95 |   | 07/94 |   | 5-27.5 |   |
| EDISON LANE          |   | 715,134          |   | 6,900                       |   | 951,249                                            |   | 1,156                                                 |   | 6,900     |   | 952,405                          |   | 959,305     |   | 240,479                       |   | 10/95 |   | 09/94 |   | 5-27.5 |   |
| EVERGREEN HILLS      |   | 2,754,409        |   | 157,537                     |   | 4,337,312                                          |   | 565,830                                               |   | 157,537   |   | 4,903,142                        |   | 5,060,679   |   | 1,596,496                     |   | 01/95 |   | 08/94 |   | 5-27.5 |   |
| FAIR OAKS            |   | 1,405,721        |   | 123,600                     |   | 1,767,207                                          |   | 2,689                                                 |   | 125,000   |   | 1,769,896                        |   | 1,894,896   |   | 471,816                       |   | 05/95 |   | 07/94 |   | 5-27.5 |   |
| FLORAL ACRES         |   | 1,026,311        |   | 148,672                     |   | 1,187,134                                          |   | 28,441                                                |   | 148,672   |   | 1,215,575                        |   | 1,364,247   |   | 219,395                       |   | 08/94 |   | 05/94 |   | 5-27.5 |   |
| FOREST GLEN          |   | 1,321,933        |   | 84,800                      |   | 1,663,592                                          |   | 5,199                                                 |   | 109,800   |   | 1,668,791                        |   | 1,778,591   |   | 476,700                       |   | 02/95 |   | 07/94 |   | 5-27.5 |   |
| FRANKLINTON ELDERLY  |   | 1,685,752        |   | 64,300                      |   | 2,074,319                                          |   | 11,362                                                |   | 64,300    |   | 2,085,681                        |   | 2,149,981   |   | 381,511                       |   | 10/94 |   | 04/94 |   | 5-50 |   |
| GOLDENROD LTD        |   | 7,251,910        |   | 800,000                     |   | 13,425,210                                         |   | 80,115                                                |   | 770,000   |   | 13,505,325                       |   | 14,275,325  |   | 3,521,704                     |   | 06/95 |   | 04/94 |   | 5-27.5 |   |
| HARRISONBURG         |   | 683,054          |   | 10,160                      |   | 877,026                                            |   | 0                                                     |   | 10,160    |   | 877,026                          |   | 887,186     |   | 188,829                       |   | 01/94 |   | 05/94 |   | 7-40 |   |
| NORTHFIELD           |   | 2,863,971        |   | 192,208                     |   | 4,326,388                                          |   | 2,146,441                                             |   | 193,208   |   | 6,472,829                        |   | 6,666,037   |   | 1,651,456                     |   | 05/95 |   | 06/94 |   | 5-27.5 |   |
| PARKSIDE HOUSING     |   | 662,454          |   | 80,000                      |   | 943,917                                            |   | 51,750                                                |   | 80,000    |   | 995,667                          |   | 1,075,667   |   | 290,537                       |   | 01/94 |   | 12/94 |   | 5-27.5 |   |
| SHADY LANE           |   | 936,466          |   | 60,000                      |   | 1,157,181                                          |   | 0                                                     |   | 60,000    |   | 1,157,181                        |   | 1,217,181   |   | 237,256                       |   | 10/93 |   | 05/94 |   | 5-27.5 |   |
| VIRGINIA AVENUE      |   | 1,286,850        |   | 121,238                     |   | 3,510,339                                          |   | 9,654                                                 |   | 121,238   |   | 3,519,993                        |   | 3,641,231   |   | 986,387                       |   | 10/94 |   | 10/94 |   | 5-27.5 |   |
|                 |   |             |   |                        |   |                                               |   |                                                  |   |      |   |                             |   |        |   |                          |   |   |   |   |   |   |   |
|                 |   | 57,488,628       |   | 8,104,045                   |   | 66,881,794                                         |   | 32,875,113                                            |   | 6,345,961 |   | 99,756,907                       |   | 106,102,868 |   | 26,095,442                    |   |   |   |   |   |   |   |

 

Since the Operating Partnershipsmaintain a calendar year end the information reported on this schedule is as ofDecember 31, 2001.

There were no carrying costs asof December 31, 2001.  The column has beenomitted for presentation purposes.

 

F-239

----

 

Notes toSchedule III

BostonCapital Tax Credit Fund IV LP - Series 20

 

Reconciliationof Land, Building & Improvements current year changes

 
| Balance at beginning of period - 4/1/94                          |   |       |      | $      | 0           |   |
|------------------------------------------------------------------|--------|------------|-----------|--------|-------------|--------|
| Additions during period:                                         |   |       |      |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |        |   |
| Other  acquisitions                                              |   | 47,152,331 |      |   |        |
| Improvements,  etc                                               |   | 0          |      |   |        |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 47,152,331  |   |
| Deductions  during period:                                       |   |       |      |   |        |
| Cost of real  estate sold                                        |   | $          | 0         |   |        |   |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 0           |   |
| Balance at  close of period - 3/31/95                            |   |       |      | $      | 47,152,331  |   |
| Additions  during period:                                        |   |       |      |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |        |   |
| Other  acquisitions                                              |   | 6,999,847  |      |   |        |
| Improvements,  etc                                               |   | 50,521,023 |      |   |        |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 57,520,870  |   |
| Deductions  during period:                                       |   |       |      |   |        |
| Cost of real  estate sold                                        |   | $          | 0         |   |        |   |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 0           |   |
| Balance at  close of period - 3/31/96                            |   |       |      | $      | 104,673,201 |   |
| Additions  during period:                                        |   |       |      |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |        |   |
| Other acquisitions                                               |   | 0          |      |   |        |
| Improvements,  etc                                               |   | 718,412    |      |   |        |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 718,412     |   |
| Deductions  during period:                                       |   |       |      |   |        |
| Cost of real  estate sold                                        |   | $          | 0         |   |        |   |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 0           |   |
| Balance at  close of period - 3/31/97                            |   |       |      | $      | 105,391,613 |   |
| Additions  during period:                                        |   |       |      |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |        |   |
| Other  acquisitions                                              |   | 0          |      |   |        |
| Improvements,  etc                                               |   | 286,982    |      |   |        |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 286,982     |   |
| Deductions  during period:                                       |   |       |      |   |        |
| Cost of real  estate sold                                        |   | $          | 0         |   |        |   |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 0           |   |
| Balance at  close of period - 3/31/98                            |   |       |      | $      | 105,678,595 |   |
| Additions  during period:                                        |   |       |      |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |        |   |
| Other  acquisitions                                              |   | 0          |      |   |        |
| Improvements,  etc                                               |   | 152,834    |      |   |        |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 152,834     |   |
| Deductions  during period:                                       |   |       |      |   |        |
| Cost of real  estate sold                                        |   | $          | 0         |   |        |   |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 0           |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 105,831,429 |   |
| Additions  during period:                                        |   |       |      |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |        |   |
| Other  acquisitions                                              |   | 0          |      |   |        |
| Improvements,  etc                                               |   | 55,995     |      |   |        |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 55,995      |   |
| Deductions  during period:                                       |   |       |      |   |        |
| Cost of real  estate sold                                        |   | $          | 0         |   |        |   |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 0           |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 105,887,424 |   |
| Additions  during period:                                        |   |       |      |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |        |   |
| Other  acquisitions                                              |   | 0          |      |   |        |
| Improvements,  etc                                               |   | 90,819     |      |   |        |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 90,819      |   |
| Deductions  during period:                                       |   |       |      |   |        |
| Cost of real  estate sold                                        |   | $          | 0         |   |        |   |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 0           |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 105,978,243 |   |
| Additions  during period:                                        |   |       |      |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |        |   |
| Other  acquisitions                                              |   | 0          |      |   |        |
| Improvements,  etc                                               |   | 124,625    |      |   |        |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 124,625     |   |
| Deductions  during period:                                       |   |       |      |   |        |
| Cost of real  estate sold                                        |   | $          | 0         |   |        |   |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 0           |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 106,102,868 |   |
|                                                             |   |       |      |   |        |
| Reconciliation  of Accumulated Depreciation current year changes |   |       |      |   |        |
|                                                             |   |       |      |   |        |
| Balance at  beginning of period - 4/1/94                         |   |       |      | $      | 0           |   |
| Current year  expense                                            |   | $          | 509,226   |   |        |   |
| Balance at  close of period - 3/31/95                            |   |       |      | $      | 509,226     |   |
| Current year  expense                                            |   | $          | 2,750,192 |   |        |   |
| Balance at  close of period - 3/31/96                            |   |       |      | $      | 3,259,418   |   |
| Current year  expense                                            |   | $          | 3,936,515 |   |        |   |
| Balance at  close of period - 3/31/97                            |   |       |      | $      | 7,195,933   |   |
| Current year  expense                                            |   | $          | 3,837,060 |   |        |   |
| Balance at  close of period - 3/31/98                            |   |       |      | $      | 11,032,933  |   |
| Current year  expense                                            |   | $          | 3,805,824 |   |        |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 14,838,817  |   |
| Current year  expense                                            |   | $          | 3,729,052 |   |        |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 18,567,869  |   |
| Current year  expense                                            |   | $          | 3,774,641 |   |        |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 22,342,510  |   |
| Current year  expense                                            |   | $          | 3,752,932 |   |        |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 26,095.442  |   |

 

F-240

----

 

Boston Capital Tax Credit Fund II LimitedPartnership - Series 21Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002

 
|               |   |             |   | **Initial cost to company** |   | **Cost capitalized   subsequent to   acquisition** |   | **Gross amount at which carried  at close of period** |   |      |   |                             |   |       |   |                          |   |
|--------------------|--------|------------------|--------|-----------------------------|--------|----------------------------------------------------|--------|-------------------------------------------------------|--------|-----------|--------|----------------------------------|--------|------------|--------|-------------------------------|--------|
| **Description**    |   | **Encumbrances** |   | **Land**                    |   | **Buildings  and  improvements**                   |   | **Improvements**                                      |   | **Land**  |   | **Buildings  and  Improvements** |   | **Total**  |   | **Accumulated  depreciation** |   | **Date of  construction** |   | **Date    acquired** |   | **Life on  which   depreciation is   computed** |   |
| ATLANTIC CITY      |   | 5,175,000        |   | 100,000                     |   | 8,334,766                                          |   | (8,334,766                                            | )      | 0         |   | 0                                |   | 0          |   | 0                             |   | 10/95 |   | 09/94 |   | 5-27.5 |   |
| BLACK RIVER RUN    |   | 1,207,451        |   | 15,000                      |   | 2,171,360                                          |   | 11,356                                                |   | 15,000    |   | 2,182,716                        |   | 2,197,716  |   | 456,734                       |   | 12/94 |   | 10/94 |   | 5-27.5 |   |
| CAMPTON HOUSING    |   | 1,019,644        |   | 74,511                      |   | 1,256,245                                          |   | 38,703                                                |   | 74,511    |   | 1,294,948                        |   | 1,369,459  |   | 259,298                       |   | 10/94 |   | 08/94 |   | 5-40 |   |
| CATTARAGUS MANOR   |   | 1,087,704        |   | 56,630                      |   | 1,238,241                                          |   | 183,333                                               |   | 56,630    |   | 1,421,574                        |   | 1,478,204  |   | 261,338                       |   | 04/95 |   | 08/94 |   | 5-27.5 |   |
| CENTRUM FAIRFAX    |   | 5,800,847        |   | 1,160,250                   |   | 7,247,614                                          |   | (193,671                                              | )      | 1,160,250 |   | 7,053,943                        |   | 8,214,193  |   | 1,114,985                     |   | 09/95 |   | 11/94 |   | 5-30 |   |
| CENTRUM FREDERICK  |   | 4,804,510        |   | 1,380,000                   |   | 6,922,259                                          |   | (86,761                                               | )      | 1,080,000 |   | 6,835,498                        |   | 7,915,498  |   | 1,123,359                     |   | 09/95 |   | 10/94 |   | 5-27.5 |   |
| FORT HALIFAX       |   | 1,125,719        |   | 120,000                     |   | 1,324,762                                          |   | 260,532                                               |   | 121,200   |   | 1,585,294                        |   | 1,706,494  |   | 399,306                       |   | 01/95 |   | 09/94 |   | 5-27.5 |   |
| HAVELOCK MANOR     |   | 1,834,533        |   | 120,000                     |   | 2,194,078                                          |   | 13,513                                                |   | 120,000   |   | 2,207,591                        |   | 2,327,591  |   | 440,306                       |   | 10/95 |   | 12/94 |   | 5-27.5 |   |
| HOLLY VILLAGE      |   | 710,114          |   | 15,270                      |   | 962,236                                            |   | 5,813                                                 |   | 15,270    |   | 968,049                          |   | 983,319    |   | 260,090                       |   | 06/95 |   | 08/94 |   | 5-27.5 |   |
| LIVE OAK VILLAGE   |   | 758,830          |   | 63,210                      |   | 899,606                                            |   | 29,036                                                |   | 63,210    |   | 928,642                          |   | 991,852    |   | 164,931                       |   | 07/95 |   | 10/94 |   | 6-40 |   |
| LOOKOUT RIDGE      |   | 633,681          |   | 62,000                      |   | 1,639,096                                          |   | 0                                                     |   | 62,000    |   | 1,639,096                        |   | 1,701,096  |   | 417,221                       |   | 12/94 |   | 12/94 |   | 5-27.5 |   |
| PINEDALE II        |   | 1,355,307        |   | 27,906                      |   | 2,876,158                                          |   | 4,000                                                 |   | 12,906    |   | 2,880,158                        |   | 2,893,064  |   | 588,874                       |   | 12/94 |   | 10/94 |   | 5-27.5 |   |
| PUMPHOUSE CROSSING |   | 1,239,152        |   | 10,000                      |   | 2,431,087                                          |   | 15,520                                                |   | 10,000    |   | 2,446,607                        |   | 2,456,607  |   | 522,852                       |   | 12/94 |   | 10/94 |   | 5-27.5 |   |
| TOWERVIEW          |   | 1,120,036        |   | 46,629                      |   | 1,571,026                                          |   | 78,780                                                |   | 46,629    |   | 1,649,806                        |   | 1,696,435  |   | 306,689                       |   | 05/95 |   | 11/94 |   | 5-27.5 |   |
|               |   |             |   |                        |   |                                               |   |                                                  |   |      |   |                             |   |       |   |                          |   |   |   |   |   |   |   |
|               |   | 27,872,528       |   | 3,251,406                   |   | 41,068,534                                         |   | (7,974,612                                            | )      | 2,837,606 |   | 33,093,922                       |   | 35,931,528 |   | 6,315,983                     |   |   |   |   |   |   |   |

 

Since the Operating Partnershipsmaintain a calendar year end the information reported on this schedule is as ofDecember 31, 2001.

There were no carrying costs asof December 31, 2001.  The column hasbeen omitted for presentation purposes.

 

F-241

----

 

Notes toSchedule III

BostonCapital Tax Credit Fund IV LP - Series 21

 

Reconciliationof Land, Building & Improvements current year changes

 
| Balance at beginning of period - 4/1/94                          |   |       |       | $      |  0     |   |
|------------------------------------------------------------------|--------|------------|------------|--------|-------------|--------|
| Additions  during period:                                        |   |       |       |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0          |   |        |   |
| Other  acquisitions                                              |   | 14,011,014 |       |   |        |
| Improvements,  etc                                               |   | 0          |       |   |        |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 14,011,014  |   |
| Deductions  during period:                                       |   |       |       |   |        |
| Cost of real  estate sold                                        |   | $          | 0          |   |        |   |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 0           |   |
| Balance at  close of period - 3/31/95                            |   |       |       | $      | 14,011,014  |   |
| Additions  during period:                                        |   |       |       |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0          |   |        |   |
| Other  acquisitions                                              |   | 31,821,601 |       |   |        |
| Improvements,  etc                                               |   | 693,221    |       |   |        |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 32,514,822  |   |
| Deductions  during period:                                       |   |       |       |   |        |
| Cost of real  estate sold                                        |   | $          | 0          |   |        |   |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 0           |   |
| Balance at  close of period - 3/31/96                            |   |       |       | $      | 46,525,836  |   |
| Additions  during period:                                        |   |       |       |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0          |   |        |   |
| Other  acquisitions                                              |   | 0          |       |   |        |
| Improvements,  etc                                               |   | 102,815    |       |   |        |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 102,815     |   |
| Deductions  during period:                                       |   |       |       |   |        |
| Cost of real  estate sold                                        |   | $          | (1,512,675 | )      |        |   |
| Other                                                            |   | (193,671   | )          |   |        |
|                                                             |   |       |       | $      | (1,706,346) |   |
| Balance at  close of period - 3/31/97                            |   |       |       | $      | 44,922,305  |   |
| Additions  during period:                                        |   |       |       |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0          |   |        |   |
| Other  acquisitions                                              |   | 0          |       |   |        |
| Improvements,  etc                                               |   | 108,749    |       |   |        |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 108,749     |   |
| Deductions  during period:                                       |   |       |       |   |        |
| Cost of real  estate sold                                        |   | $          | 0          |   |        |   |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 0           |   |
| Balance at  close of period - 3/31/98                            |   |       |       | $      | 45,031,054  |   |
| Additions  during period:                                        |   |       |       |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0          |   |        |   |
| Other  acquisitions                                              |   | 0          |       |   |        |
| Improvements,  etc                                               |   | 77,404     |       |   |        |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 77,404      |   |
| Deductions  during period:                                       |   |       |       |   |        |
| Cost of real  estate sold                                        |   | $          | 0          |   |        |   |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 0           |   |
| Balance at  close of period - 3/31/99                            |   |       |       | $      | 45,108,458  |   |
| Additions  during period:                                        |   |       |       |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0          |   |        |   |
| Other  acquisitions                                              |   | 0          |       |   |        |
| Improvements,  etc                                               |   | 135,007    |       |   |        |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 135,007     |   |
| Deductions  during period:                                       |   |       |       |   |        |
| Cost of real  estate sold                                        |   | $          | 0          |   |        |   |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 0           |   |
| Balance at  close of period - 3/31/00                            |   |       |       | $      | 45,243,465  |   |
| Additions during period:                                         |   |       |       |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0          |   |        |   |
| Other  acquisitions                                              |   | 0          |       |   |        |
| Improvements,  etc                                               |   | 38,153     |       |   |        |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 38,153      |   |
| Deductions  during period:                                       |   |       |       |   |        |
| Cost of real  estate sold                                        |   | $          | 0          |   |        |   |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      |        |   |
| Balance at  close of period - 3/31/01                            |   |       |       | $      | 45,281,618  |   |
| Additions  during period:                                        |   |       |       |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0          |   |        |   |
| Other  acquisitions                                              |   | 0          |       |   |        |
| Improvements,  etc                                               |   | 46,621     |       |   |        |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 46,621      |   |
| Deductions  during period:                                       |   |       |       |   |        |
| Cost of real  estate sold                                        |   | $          | 0          |   |        |   |
| Other                                                            |   | (9,396,711 | )          |   |        |
|                                                             |   |       |       | $      | (9,396,711) |   |
| Balance at  close of period - 3/31/02                            |   |       |       | $      | 35,931,528  |   |
|                                                             |   |       |       |   |        |
| Reconciliation  of Accumulated Depreciation current year changes |   |       |       |   |        |
|                                                             |   |       |       |   |        |
| Balance at  beginning of period - 4/1/94                         |   |       |       | $      | 0           |   |
| Current year  expense                                            |   | $          | 117,569    |   |        |   |
| Balance at  close of period - 3/31/95                            |   |       |       | $      | 117,569     |   |
| Current year  expense                                            |   | $          | 790,213    |   |        |   |
| Balance at  close of period - 3/31/96                            |   |       |       | $      | 907,782     |   |
| Current year  expense                                            |   | $          | 1,104,203  |   |        |   |
| Balance at  close of period - 3/31/97                            |   |       |       | $      | 2,011,985   |   |
| Current year  expense                                            |   | $          | 1,204,163  |   |        |   |
| Balance at  close of period - 3/31/98                            |   |       |       | $      | 3,216,148   |   |
| Current year  expense                                            |   | $          | 1,204,255  |   |        |   |
| Balance at  close of period - 3/31/99                            |   |       |       | $      | 4,420,403   |   |
| Current year  expense                                            |   | $          | 1,205,452  |   |        |   |
| Balance at  close of period - 3/31/00                            |   |       |       | $      | 5,625,855   |   |
| Current year  expense                                            |   | $          | 1,193,549  |   |        |   |
| Balance at  close of period - 3/31/01                            |   |       |       | $      | 6,819,404   |   |
| Current year  expense                                            |   | $          | (503,421   | )      |        |   |
| Balance at  close of period - 3/31/02                            |   |       |       | $      | 6,315,983   |   |

 

F-242

----

 

Boston Capital Tax Credit FundIV Limited Partnership - Series 22Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002

 
|                    |   |             |   | **Initial cost to company** |   | **Cost capitalized subsequent to acquisition** |   | **Gross amount at which carried at close of period** |   |      |   |                            |   |       |   |                          |   |
|-------------------------|--------|------------------|--------|-----------------------------|--------|------------------------------------------------|--------|------------------------------------------------------|--------|-----------|--------|---------------------------------|--------|------------|--------|-------------------------------|--------|
| **Description**         |   | **Encumbrances** |   | **Land**                    |   | **Buildings and  improvements**                |   | **Improvements**                                     |   | **Land**  |   | **Buildings and  improvements** |   | **Total**  |   | **Accumulated  depreciation** |   | **Date of  construction** |   | **Date   acquired** |   | **Life on which   depreciation is computed** |   |
| ALBAMARLE VILLAGE       |   | 1,431,305        |   | 91,280                      |   | 1,720,443                                      |   | 18,690                                               |   | 91,280    |   | 1,739,133                       |   | 1,830,413  |   | 524,048                       |   | 09/94 |   | 09/94 |   | 5-27.5 |   |
| BAYOU CROSSING          |   | 8,651,693        |   | 867,209                     |   | 16,061,472                                     |   | 60,768                                               |   | 857,500   |   | 16,122,240                      |   | 16,979,740 |   | 2,713,818                     |   | 01/96 |   | 11/94 |   | 12-39 |   |
| BELLWOOD LP             |   | 1,240,063        |   | 64,715                      |   | 1,505,852                                      |   | 83,954                                               |   | 64,715    |   | 1,589,806                       |   | 1,654,521  |   | 278,696                       |   | 07/95 |   | 09/95 |   | 5-27.5 |   |
| BIRCH RIDGE             |   | 2,800,000        |   | 178,000                     |   | 0                                              |   | 5,676,920                                            |   | 178,000   |   | 5,676,920                       |   | 5,854,920  |   | 907,897                       |   | 03/96 |   | 01/95 |   | 5-40 |   |
| BLACK RIVER RUN         |   | 1,207,451        |   | 15,000                      |   | 2,171,360                                      |   | 11,356                                               |   | 15,000    |   | 2,182,716                       |   | 2,197,716  |   | 456,734                       |   | 12/94 |   | 04/95 |   | 5-27.5 |   |
| CLARENDON COURT         |   | 1,440,499        |   | 41,930                      |   | 1,799,906                                      |   | 1,329                                                |   | 41,930    |   | 1,801,235                       |   | 1,843,165  |   | 484,025                       |   | 04/95 |   | 10/94 |   | 7-27.5 |   |
| COBBLESTONE             |   | 1,406,530        |   | 79,567                      |   | 1,679,627                                      |   | 6,537                                                |   | 79,567    |   | 1,686,164                       |   | 1,765,731  |   | 504,399                       |   | 05/94 |   | 01/95 |   | 5-27.5 |   |
| CONCORDIA II            |   | 1,485,076        |   | 169,820                     |   | 1,854,563                                      |   | 0                                                    |   | 179,040   |   | 1,854,563                       |   | 2,033,603  |   | 349,782                       |   | 11/95 |   | 01/95 |   | 10-40 |   |
| CONCORDIA III           |   | 1,475,423        |   | 0                           |   | 0                                              |   | 1,895,814                                            |   | 172,090   |   | 1,895,814                       |   | 2,067,904  |   | 342,158                       |   | 12/95 |   | 02/95 |   | 10-40 |   |
| CRYSTAL CITY FESTUS     |   | 1,404,571        |   | 120,732                     |   | 3,137,651                                      |   | 50,464                                               |   | 120,732   |   | 3,188,115                       |   | 3,308,847  |   | 794,864                       |   | 11/95 |   | 01/95 |   | 5-27.5 |   |
| DRAKES BRANCH           |   | 1,258,430        |   | 75,473                      |   | 1,511,490                                      |   | (50,471                                              | )      | 75,473    |   | 1,461,019                       |   | 1,536,492  |   | 399,097                       |   | 06/95 |   | 01/95 |   | 5-27.5 |   |
| EDMOND PROP             |   | 3,814,430        |   | 160,000                     |   | 0                                              |   | 7,037,006                                            |   | 160,000   |   | 7,037,006                       |   | 7,197,006  |   | 1,383,325                     |   | 03/96 |   | 11/94 |   | 5-27.5 |   |
| ELKS TOWER              |   | 823,176          |   | 10,000                      |   | 1,344,357                                      |   | 304,286                                              |   | 10,000    |   | 1,648,643                       |   | 1,658,643  |   | 286,708                       |   | 12/96 |   | 10/95 |   | 27.5 |   |
| FONDA LP                |   | 1,019,160        |   | 25,000                      |   | 1,310,014                                      |   | 52,050                                               |   | 25,000    |   | 1,362,064                       |   | 1,387,064  |   | 399,025                       |   | 10/94 |   | 12/94 |   | 5-27.5 |   |
| GOLDENROD               |   | 7,251,910        |   | 770,000                     |   | 13,323,746                                     |   | 181,579                                              |   | 770,000   |   | 13,505,325                      |   | 14,275,325 |   | 3,521,704                     |   | 06/95 |   | 03/95 |   | 7-27.5 |   |
| KIMBARK 1200            |   | 1,970,618        |   | 495,120                     |   | 3,102,192                                      |   | 72,433                                               |   | 495,120   |   | 3,174,625                       |   | 3,669,745  |   | 496,685                       |   | 12/95 |   | 09/95 |   | 40 |   |
| LAKE STREET             |   | 1,351,794        |   | 20,000                      |   | 1,846,543                                      |   | 80,799                                               |   | 20,000    |   | 1,927,342                       |   | 1,947,342  |   | 347,456                       |   | 09/95 |   | 04/95 |   | 5-27.5 |   |
| LAKE CITY               |   | 1,164,125        |   | 111,455                     |   | 1,415,690                                      |   | 0                                                    |   | 111,455   |   | 1,415,690                       |   | 1,527,145  |   | 215,622                       |   | 08/98 |   | 06/98 |   | 5-27.5 |   |
| LOST TREE               |   | 1,569,567        |   | 85,000                      |   | 4,510,201                                      |   | 19,770                                               |   | 85,000    |   | 4,529,971                       |   | 4,614,971  |   | 884,527                       |   | 06/95 |   | 04/95 |   | 5-27.5 |   |
| MARKSVILLE SQUARE       |   | 954,843          |   | 66,000                      |   | 250,449                                        |   | 991,758                                              |   | 66,000    |   | 1,242,207                       |   | 1,308,207  |   | 195,473                       |   | 01/96 |   | 01/95 |   | 5-40 |   |
| PHILADELPHIA HOUSING I  |   | 540,455          |   | 13,750                      |   | 757,989                                        |   | 14,994                                               |   | 13,750    |   | 772,983                         |   | 786,733    |   | 103,770                       |   | 08/95 |   | 07/95 |   | 5-27.5 |   |
| PHILADELPHIA HOUSING II |   | 844,462          |   | 25,000                      |   | 1,219,579                                      |   | 16,280                                               |   | 25,000    |   | 1,235,859                       |   | 1,260,859  |   | 164,726                       |   | 08/95 |   | 07/95 |   | 5-27.5 |   |
| QUANKEY HILLS           |   | 1,004,898        |   | 51,368                      |   | 1,189,397                                      |   | 4,656                                                |   | 51,368    |   | 1,194,053                       |   | 1,245,421  |   | 328,641                       |   | 03/95 |   | 01/95 |   | 5-27.5 |   |
| RICHMOND HARDIN         |   | 862,633          |   | 55,000                      |   | 2,143,538                                      |   | 21,300                                               |   | 55,232    |   | 2,164,838                       |   | 2,220,070  |   | 611,308                       |   | 02/95 |   | 12/94 |   | 5-27.5 |   |
| ROXBURY VETERANS        |   | 715,700          |   | 0                           |   | 0                                              |   | 1,288,143                                            |   | 27,956    |   | 1,288,143                       |   | 1,316,099  |   | 247,407                       |   | 05/97 |   | 12/96 |   | 5-27.5 |   |
| SACRAMENTO APTS         |   | 432,147          |   | 18,000                      |   | 575,442                                        |   | 0                                                    |   | 18,000    |   | 575,442                         |   | 593,442    |   | 142,182                       |   | 09/95 |   | 08/95 |   | 5-27.5 |   |
| SALEM LP                |   | 947,884          |   | 33,093                      |   | 1,132,389                                      |   | 4,657                                                |   | 33,093    |   | 1,137,046                       |   | 1,170,139  |   | 322,195                       |   | 12/94 |   | 01/95 |   | 5-27.5 |   |
| SWEDESBORO HOUSING      |   | 1,806,248        |   | 168,295                     |   | 1,814,291                                      |   | (24,245                                              | )      | 168,295   |   | 1,790,046                       |   | 1,958,341  |   | 329,657                       |   | 06/95 |   | 07/95 |   | 5-27.5 |   |
| TROY VILLA              |   | 1,889,332        |   | 231,605                     |   | 4,084,841                                      |   | 8,999                                                |   | 231,605   |   | 4,093,840                       |   | 4,325,445  |   | 1,152,492                     |   | 06/95 |   | 12/94 |   | 5-27.5 |   |
|                    |   |             |   |                        |   |                                           |   |                                                 |   |      |   |                            |   |       |   |                          |   |   |   |   |   |   |   |
|                    |   | 52,764,423       |   | 4,042,412                   |   | 71,463,022                                     |   | 17,829,826                                           |   | 4,242,201 |   | 89,292,848                      |   | 93,535,049 |   | 18,888,421                    |   |   |   |   |   |   |   |

 

Since the Operating Partnershipsmaintain a calendar year end, the information reported on this schedule is asof December 31, 2001.

There we no carrying costs as of December 31, 2001. The Column has beenomitted for presentation purposes.

 

F-243

----

 

Notes toSchedule III

BostonCapital Tax Credit Fund IV LP - Series 22

 

Reconciliationof Land, Building & Improvements current year changes

 
| Balance at beginning of period - 4/1/94                         |   |       |      | $      | 0           |   |
|-----------------------------------------------------------------|--------|------------|-----------|--------|-------------|--------|
| Additions during period:                                        |   |       |      |   |        |
| Acquisitions  through foreclosure                               |   | $          | 0         |   |        |   |
| Other  acquisitions                                             |   | 2,699,758  |      |   |        |
| Improvements,  etc                                              |   | 0          |      |   |        |
| Other                                                           |   | 0          |      |   |        |
|                                                            |   |       |      | $      | 2,699,758   |   |
| Deductions  during period:                                      |   |       |      |   |        |
| Cost of real  estate sold                                       |   | $          | 0         |   |        |   |
| Other                                                           |   | 0          |      |   |        |
|                                                            |   |       |      | $      | 0           |   |
| Balance at  close of period - 3/31/95                           |   |       |      | $      | 2,699,758   |   |
| Additions  during period:                                       |   |       |      |   |        |
| Acquisitions  through foreclosure                               |   | $          | 0         |   |        |   |
| Other  acquisitions                                             |   | 75,121,060 |      |   |        |
| Improvements,  etc                                              |   | 15,793     |      |   |        |
| Other                                                           |   | 0          |      |   |        |
|                                                            |   |       |      | $      | 75,136,853  |   |
| Deductions  during period:                                      |   |       |      |   |        |
| Cost of real  estate sold                                       |   | $          | 0         |   |        |   |
| Other                                                           |   | 0          |      |   |        |
|                                                            |   |       |      | $      | 0           |   |
| Balance at  close of period - 3/31/96                           |   |       |      | $      | 77,836,611  |   |
| Additions  during period:                                       |   |       |      |   |        |
| Acquisitions  through foreclosure                               |   | $          | 0         |   |        |   |
| Other  acquisitions                                             |   | 0          |      |   |        |
| Improvements,  etc                                              |   | 16,438,316 |      |   |        |
| Other                                                           |   | 0          |      |   |        |
|                                                            |   |       |      | $      | 16,438,316  |   |
| Deductions  during period:                                      |   |       |      |   |        |
| Cost of real  estate sold                                       |   | (3,852,006 | )         |   |        |
| Other                                                           |   | 0          |      |   |        |
|                                                            |   |       |      | $      | (3,852,006) |   |
| Balance at  close of period - 3/31/97                           |   |       |      | $      | 90,422,921  |   |
| Additions  during period:                                       |   |       |      |   |        |
| Acquisitions  through foreclosure                               |   | $          | 0         |   |        |   |
| Other  acquisitions                                             |   | 0          |      |   |        |
| Improvements,  etc                                              |   | 1,217,148  |      |   |        |
| Other                                                           |   | 0          |      |   |        |
|                                                            |   |       |      | $      | 1,217,148   |   |
| Deductions  during period:                                      |   |       |      |   |        |
| Cost of real  estate sold                                       |   | $          | 0         |   |        |   |
| Other                                                           |   | 0          |      |   |        |
|                                                            |   |       |      | $      | 0           |   |
| Balance at  close of period - 3/31/98                           |   |       |      | $      | 91,640,069  |   |
| Additions  during period:                                       |   |       |      |   |        |
| Acquisitions  through foreclosure                               |   | $          | 0         |   |        |   |
| Other  acquisitions                                             |   | 1,515,875  |      |   |        |
| Improvements,  etc                                              |   | 64,662     |      |   |        |
| Other                                                           |   | 0          |      |   |        |
|                                                            |   |       |      | $      | 1,580,537   |   |
| Deductions  during period:                                      |   |       |      |   |        |
| Cost of real  estate sold                                       |   | $          | 0         |   |        |   |
| Other                                                           |   | 0          |      |   |        |
|                                                            |   |       |      | $      | 0           |   |
| Balance at  close of period - 3/31/99                           |   |       |      | $      | 93,220,606  |   |
| Additions  during period:                                       |   |       |      |   |        |
| Acquisitions  through foreclosure                               |   | $          | 0         |   |        |   |
| Other  acquisitions                                             |   | 0          |      |   |        |
| Improvements,  etc                                              |   | 186,728    |      |   |        |
| Other                                                           |   | 0          |      |   |        |
|                                                            |   |       |      | $      | 186,728     |   |
| Deductions  during period:                                      |   |       |      |   |        |
| Cost of real  estate sold                                       |   | $          | 0         |   |        |   |
| Other                                                           |   | 0          |      |   |        |
|                                                            |   |       |      | $      | 0           |   |
| Balance at  close of period - 3/31/00                           |   |       |      | $      | 93,407,334  |   |
| Additions  during period:                                       |   |       |      |   |        |
| Acquisitions  through foreclosure                               |   | $          | 0         |   |        |   |
| Other  acquisitions                                             |   | 0          |      |   |        |
| Improvements,  etc                                              |   | 5,064      |      |   |        |
| Other                                                           |   | 0          |      |   |        |
|                                                            |   |       |      | $      | 5,064       |   |
| Deductions during  period:                                      |   |       |      |   |        |
| Cost of real  estate sold                                       |   | $          | 0         |   |        |   |
| Other                                                           |   | 0          |      |   |        |
|                                                            |   |       |      | $      | 0           |   |
| Balance at  close of period - 3/31/01                           |   |       |      | $      | 93,412,398  |   |
| Additions  during period:                                       |   |       |      |   |        |
| Acquisitions  through foreclosure                               |   | $          | 0         |   |        |   |
| Other  acquisitions                                             |   | 0          |      |   |        |
| Improvements,  etc                                              |   | 122,651    |      |   |        |
| Other                                                           |   | 0          |      |   |        |
|                                                            |   |       |      | $      | 122,651     |   |
| Deductions  during period:                                      |   |       |      |   |        |
| Cost of real  estate sold                                       |   | $          | 0         |   |        |   |
| Other                                                           |   | 0          |      |   |        |
|                                                            |   |       |      | $      | 0           |   |
| Balance at  close of period - 3/31/02                           |   |       |      | $      | 93,535,049  |   |
|                                                            |   |       |      |   |        |
| Reconciliation of Accumulated Depreciation current year changes |   |       |      |   |        |
|                                                            |   |       |      |   |        |
| Balance at  beginning of period - 4/1/94                        |   |       |      | $      | 0           |   |
| Current year  expense                                           |   | $          | 16,389    |   |        |   |
| Balance at  close of period - 3/31/95                           |   |       |      | $      | 16,389      |   |
| Current year  expense                                           |   | $          | 1,685,278 |   |        |   |
| Balance at  close of period - 3/31/96                           |   |       |      | $      | 1,701,667   |   |
| Current year  expense                                           |   | $          | 2,638,228 |   |        |   |
| Balance at  close of period - 3/31/97                           |   |       |      | $      | 4,339,895   |   |
| Current year  expense                                           |   | $          | 2,931,844 |   |        |   |
| Balance at  close of period - 3/31/98                           |   |       |      | $      | 7,271,739   |   |
| Current year  expense                                           |   | $          | 2,937,708 |   |        |   |
| Balance at  close of period - 3/31/99                           |   |       |      | $      | 10,209,447  |   |
| Current year  expense                                           |   | $          | 2,916,355 |   |        |   |
| Balance at  close of period - 3/31/00                           |   |       |      | $      | 13,125,802  |   |
| Current year  expense                                           |   | $          | 2,896,137 |   |        |   |
| Balance at  close of period - 3/31/01                           |   |       |      | $      | 16,021,939  |   |
| Current year  expense                                           |   | $          | 2,866,482 |   |        |   |
| Balance at  close of period - 3/31/02                           |   |       |      | $      | 18,888,421  |   |

 

F-244

----

 

Boston CapitalTax Credit Fund II Limited Partnership - Series 23Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002
|                       |   |             |   | **Initial cost to company** |   | **Cost capitalized   subsequent to   acquisition** |   | **Gross amount at which carried  at close of period** |   |      |   |                                  |   |       |   |                         |   |
|----------------------------|--------|------------------|--------|-----------------------------|--------|----------------------------------------------------|--------|-------------------------------------------------------|--------|-----------|--------|---------------------------------------|--------|------------|--------|------------------------------|--------|
| **Description**            |   | **Encumbrances** |   | **Land**                    |   | **Buildings and improvements**                     |   | **Improvements**                                      |   | **Land**  |   | **Buildings and   Improvements** |   | **Total**  |   | **Accumulated depreciation** |   | **Date of construction** |   | **Date  acquired** |   | **Life on which depreciation is computed** |   |
| BARLEE PROPERTIES          |   | 783,479          |   | 64,000                      |   | 1,641,754                                          |   | 950                                                   |   | 64,000    |   | 1,642,704                             |   | 1,706,704  |   | 383,032                      |   | 11/95 |   | 07/95 |   | 5-30 |   |
| BAYOU CROSSING             |   | 8,651,693        |   | 857,500                     |   | 16,061,472                                         |   | 60,768                                                |   | 857,500   |   | 16,122,240                            |   | 16,979,740 |   | 2,713,818                    |   | 01/96 |   | 02/95 |   | 12-39 |   |
| BIRCH RIDGE                |   | 2,800,000        |   | 178,000                     |   | 0                                                  |   | 5,676,920                                             |   | 178,000   |   | 5,676,920                             |   | 5,854,920  |   | 907,897                      |   | 03/96 |   | 01/95 |   | 5-40 |   |
| BRODERICK HOUSING          |   | 2,028,912        |   | 275,037                     |   | 4,540,011                                          |   | 93,141                                                |   | 275,037   |   | 4,633,152                             |   | 4,908,189  |   | 726,781                      |   | 06/96 |   | 08/95 |   | 7-27.5 |   |
| COLONNA REDEVELOPMENT      |   | 1,055,635        |   | 374,310                     |   | 3,470,813                                          |   | 19,650                                                |   | 374,310   |   | 3,490,463                             |   | 3,864,773  |   | 648,210                      |   | 05/94 |   | 05/95 |   | 7-40 |   |
| CONCORDIA II               |   | 1,485,076        |   | 169,820                     |   | 1,854,563                                          |   | 0                                                     |   | 179,040   |   | 1,854,563                             |   | 2,033,603  |   | 349,782                      |   | 11/95 |   | 01/95 |   | 10-40 |   |
| CONCORDIA III              |   | 1,475,423        |   | 0                           |   | 0                                                  |   | 1,895,814                                             |   | 172,090   |   | 1,895,814                             |   | 2,067,904  |   | 342,158                      |   | 12/95 |   | 02/95 |   | 7-27.5 |   |
| CRYSTAL CITY   FESTUS |   | 1,404,571        |   | 120,732                     |   | 3,137,651                                          |   | 50,464                                                |   | 120,732   |   | 3,188,115                             |   | 3,308,847  |   | 794,864                      |   | 11/95 |   | 02/95 |   | 5-40 |   |
| EDMOND PROP                |   | 3,814,430        |   | 160,000                     |   | 0                                                  |   | 7,037,006                                             |   | 160,000   |   | 7,037,006                             |   | 7,197,006  |   | 1,383,325                    |   | 03/96 |   | 11/94 |   | 5-40 |   |
| HALLS FERRY APTS.          |   | 1,136,933        |   | 5,064                       |   | 2,984,978                                          |   | 197,648                                               |   | 5,064     |   | 3,182,626                             |   | 3,187,690  |   | 530,099                      |   | 12/95 |   | 08/95 |   | 5-40 |   |
| HURLEYVILLE                |   | 1,161,216        |   | 143,182                     |   | 1,549,696                                          |   | 17,186                                                |   | 143,182   |   | 1,566,882                             |   | 1,710,064  |   | 258,204                      |   | 12/95 |   | 07/95 |   | 5-15 |   |
| ITHACA I APTS.             |   | 649,142          |   | 37,945                      |   | 808,775                                            |   | 8,993                                                 |   | 37,945    |   | 817,768                               |   | 855,713    |   | 165,286                      |   | 07/95 |   | 11/95 |   | 7-27.5 |   |
| KIMBARK 1200               |   | 1,970,618        |   | 495,120                     |   | 3,102,192                                          |   | 72,433                                                |   | 495,120   |   | 3,174,625                             |   | 3,669,745  |   | 496,685                      |   | 12/95 |   | 09/95 |   | 5-40 |   |
| MATHIS APTS.               |   | 904,747          |   | 25,819                      |   | 1,176,999                                          |   | 34,988                                                |   | 25,819    |   | 1,211,987                             |   | 1,237,806  |   | 206,385                      |   | 01/95 |   | 01/95 |   | 5-40 |   |
| MID CITY ASSOC             |   | 2,849,466        |   | 15,058                      |   | 6,616,466                                          |   | 0                                                     |   | 15,058    |   | 6,616,466                             |   | 6,631,524  |   | 1,794,139                    |   | 06/94 |   | 09/95 |   | 5-27.5 |   |
| ORANGE GROVE               |   | 662,903          |   | 43,180                      |   | 824,814                                            |   | 24,713                                                |   | 43,180    |   | 849,527                               |   | 892,707    |   | 156,627                      |   | 02/95 |   | 01/95 |   | 5-40 |   |
| PHILMONT                   |   | 1,485,799        |   | 40,000                      |   | 1,885,476                                          |   | 29,018                                                |   | 40,000    |   | 1,914,494                             |   | 1,954,494  |   | 506,282                      |   | 05/95 |   | 05/95 |   | 5-40 |   |
| SACRAMENTO SRO             |   | 2,465,502        |   | 0                           |   | 0                                                  |   | 5,370,627                                             |   | 133,000   |   | 5,370,627                             |   | 5,503,627  |   | 774,288                      |   | 12/96 |   | 09/95 |   | 7-39 |   |
| SOUTH HILLS                |   | 1,842,676        |   | 131,000                     |   | 1,261,754                                          |   | 2,632,595                                             |   | 131,000   |   | 3,894,349                             |   | 4,025,349  |   | 653,379                      |   | 02/96 |   | 06/95 |   | 5-40 |   |
| ST. PETERS VILLA           |   | 1,791,981        |   | 425,974                     |   | 0                                                  |   | 3,487,498                                             |   | 425,974   |   | 3,487,498                             |   | 3,913,472  |   | 852,984                      |   | 03/96 |   | 07/95 |   | 5-27.5 |   |
| VILLAGE WOODS              |   | 1,562,068        |   | 51,080                      |   | 3,637,023                                          |   | 341,539                                               |   | 51,080    |   | 3,978,562                             |   | 4,029,642  |   | 652,086                      |   | 12/95 |   | 05/95 |   | 5-40 |   |
| WOODLAND PROP              |   | 299,874          |   | 30,000                      |   | 593,884                                            |   | 0                                                     |   | 30,000    |   | 593,884                               |   | 623,884    |   | 141,357                      |   | 06/95 |   | 07/95 |   | 7-30 |   |
|                       |   |             |   |                        |   |                                               |   |                                                  |   |      |   |                                  |   |       |   |                         |   |   |   |   |   |   |   |
|                       |   | 42,282,144       |   | 3,642,821                   |   | 55,148,321                                         |   | 27,051,951                                            |   | 3,957,131 |   | 82,200,272                            |   | 86,157,403 |   | 15,437,668                   |   |   |   |   |   |   |   |

 

Since the Operating Partnershipsmaintain a calendar year end the information reported on this schedule is as ofDecember 31, 2001.

There were no carrying costs asof December 31, 2001.  The column hasbeen omitted for presentation purposes.

 

F-245

----

 

Notes toSchedule III

BostonCapital Tax Credit Fund IV LP - Series 23

 

Reconciliationof Land, Building & Improvements current year changes

 
| Balance at beginning of period - 4/1/95                          |   |       |      | $      | 0          |   |
|------------------------------------------------------------------|--------|------------|-----------|--------|------------|--------|
| Additions during period:                                         |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 58,791,142 |      |   |       |
| Improvements,  etc                                               |   | 0          |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 58,791,142 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/96                            |   |       |      | $      | 58,791,142 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 25,651,522 |      |   |       |
| Improvements,  etc                                               |   | 0          |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 25,651,522 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | (21,382    | )         |   |       |
|                                                             |   |       |      | $      | (21,382    | )      |
| Balance at  close of period - 3/31/97                            |   |       |      | $      | 84,421,282 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 874,764    |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 874,764    |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/98                            |   |       |      | $      | 85,296,046 |   |
| Additions during period:                                         |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 800,197    |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 800,197    |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 86,096,243 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other acquisitions                                               |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 62,167     |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 62,167     |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 86,158,410 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 24,036     |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 24,036     |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | (222,349   | )         |   |       |
|                                                             |   |       |      | $      | (222,349   | )      |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 85,960,097 |   |
| Additions during period:                                         |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 197,306    |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 197,306    |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 86,157,403 |   |
|                                                             |   |       |      |   |       |
| Reconciliation  of Accumulated Depreciation current year changes |   |       |      |   |       |
|                                                             |   |       |      |   |       |
| Balance at  beginning of period - 4/1/95                         |   |       |      | $      | 0          |   |
| Current year  expense                                            |   | $          | 693,729   |   |       |   |
| Balance at  close of period - 3/31/96                            |   |       |      | $      | 693,729    |   |
| Current year  expense                                            |   | $          | 2,288,171 |   |       |   |
| Balance at  close of period - 3/31/97                            |   |       |      | $      | 2,981,900  |   |
| Current year  expense                                            |   | $          | 2,505,105 |   |       |   |
| Balance at  close of period - 3/31/98                            |   |       |      | $      | 5,487,005  |   |
| Current year  expense                                            |   | $          | 2,518,829 |   |       |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 8,005,834  |   |
| Current year  expense                                            |   | $          | 2,486,449 |   |       |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 10,492,283 |   |
| Current year  expense                                            |   | $          | 2,490,673 |   |       |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 12,982,956 |   |
| Current year  expense                                            |   | $          | 2,454,712 |   |       |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 15,437,668 |   |

 

F-246

----

 

Boston Capital Tax Credit Fund IVLP-Series 24Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002

 
|                  |   |             |   | **Initial cost to company** |   | **Cost capitalized   subsequent to   acquisition** |   | **Gross amount at which carried  at close of period** |   |      |   |                            |   |       |   |                          |   |
|-----------------------|--------|------------------|--------|-----------------------------|--------|----------------------------------------------------|--------|-------------------------------------------------------|--------|-----------|--------|---------------------------------|--------|------------|--------|-------------------------------|--------|
| **Description**       |   | **Encumbrances** |   | **Land**                    |   | **Buildings and  improvements**                    |   | **Improvements**                                      |   | **Land**  |   | **Buildings and  improvements** |   | **Total**  |   | **Accumulated  depreciation** |   | **Date of  construction** |   | **Date   acquired** |   | **Life on which   depreciation  is computed** |   |
| AUTUMN RIDGE          |   | 1,529,720        |   | 125,347                     |   | 0                                                  |   | 1,756,894                                             |   | 125,347   |   | 1,756,894                       |   | 1,882,241  |   | 342,625                       |   | 01/97 |   | 07/96 |   | 5-27.5 |   |
| BROOKS SUMMIT APTS.   |   | 1,109,809        |   | 44,000                      |   | 0                                                  |   | 1,459,753                                             |   | 44,000    |   | 1,459,753                       |   | 1,503,753  |   | 317,435                       |   | 11/97 |   | 12/95 |   | 5-27.5 |   |
| BROWNSVILLE ASSOC     |   | 1,194,686        |   | 58,945                      |   | 1,476,197                                          |   | (264,819                                              | )      | 58,945    |   | 1,211,378                       |   | 1,270,323  |   | 223,059                       |   | 0.09 |   | 09/95 |   | 5-40 |   |
| CENTENARY HOUSING     |   | 2,515,000        |   | 57,760                      |   | 3,697,046                                          |   | 38,909                                                |   | 57,760    |   | 3,735,955                       |   | 3,793,715  |   | 644,401                       |   | 12/97 |   | 05/97 |   | 5-27.5 |   |
| CENTURY EAST IV APTS. |   | 618,084          |   | 90,000                      |   | 984,989                                            |   | 17,900                                                |   | 90,000    |   | 1,002,889                       |   | 1,092,889  |   | 198,431                       |   | 08/95 |   | 08/95 |   | 5-40 |   |
| CENTURY EAST V APTS.  |   | 618,084          |   | 90,000                      |   | 982,504                                            |   | 19,123                                                |   | 90,000    |   | 1,001,627                       |   | 1,091,627  |   | 195,686                       |   | 09/95 |   | 11/95 |   | 5-40 |   |
| COMMERCE PKWY         |   | 1,816,594        |   | 242,000                     |   | 1,579,251                                          |   | 2,770,780                                             |   | 242,000   |   | 4,350,031                       |   | 4,592,031  |   | 1,036,514                     |   | 04/97 |   | 09/95 |   | 5-27.5 |   |
| COOLIDGE PINAL        |   | 1,125,644        |   | 40,000                      |   | 1,363,991                                          |   | 4,222                                                 |   | 40,000    |   | 1,368,213                       |   | 1,408,213  |   | 222,176                       |   | 04/96 |   | 04/96 |   | 5-27.5 |   |
| EDENFIELD             |   | 1,264,964        |   | 10,280                      |   | 1,709,535                                          |   | 37,190                                                |   | 10,280    |   | 1,746,725                       |   | 1,757,005  |   | 419,286                       |   | 12/96 |   | 01/96 |   | 28 |   |
| ELM STREET            |   | 1,838,993        |   | 183,547                     |   | 3,715,562                                          |   | 6,456                                                 |   | 183,547   |   | 3,722,018                       |   | 3,905,565  |   | 546,622                       |   | 01/96 |   | 01/96 |   | 5-27.5 |   |
| JEREMY ASSOC          |   | 3,526,678        |   | 522,890                     |   | 6,954,516                                          |   | 355,974                                               |   | 522,890   |   | 7,310,490                       |   | 7,833,380  |   | 1,295,516                     |   | 12/95 |   | 06/96 |   | 5-40 |   |
| LAKE I APTS.          |   | 599,133          |   | 85,000                      |   | 1,012,730                                          |   | 18,118                                                |   | 85,000    |   | 1,030,848                       |   | 1,115,848  |   | 208,322                       |   | 07/95 |   | 08/95 |   | 5-40 |   |
| LAURELWOOD PARK       |   | 2,333,853        |   | 230,000                     |   | 5,379,607                                          |   | 6,801                                                 |   | 230,000   |   | 5,386,408                       |   | 5,616,408  |   | 1,101,868                     |   | 10/96 |   | 02/96 |   | 5-27.5 |   |
| LOS LUNAS             |   | 1,208,959        |   | 150,000                     |   | 2,280,094                                          |   | (38,848                                               | )      | 150,000   |   | 2,241,246                       |   | 2,391,246  |   | 494,602                       |   | 06/96 |   | 08/96 |   | 5-27.5 |   |
| NEW HILLTOP           |   | 1,683,361        |   | 54,366                      |   | 2,145,934                                          |   | 7,574                                                 |   | 52,591    |   | 2,153,508                       |   | 2,206,099  |   | 530,320                       |   | 11/95 |   | 11/95 |   | 5-40 |   |
| NEW MADISON  PARK IV  |   | 7,553,209        |   | 541,624                     |   | 11,606,586                                         |   | 154,609                                               |   | 541,624   |   | 11,761,195                      |   | 12,302,819 |   | 2,511,870                     |   | 03/97 |   | 05/96 |   | 5-27.5 |   |
| NORTH HAMPTON PLACE   |   | 775,710          |   | 207,550                     |   | 2,230,062                                          |   | 2,200                                                 |   | 0         |   | 2,232,262                       |   | 2,232,262  |   | 551,249                       |   | 03/96 |   | 11/95 |   | 5-27.5 |   |
| NORTHFIELD HOUSING    |   | 187,616          |   | 70,000                      |   | 446,355                                            |   | 3,513                                                 |   | 70,000    |   | 449,868                         |   | 519,868    |   | 101,318                       |   | 09/96 |   | 12/96 |   | 5-27.5 |   |
| OVERTON ASSOC         |   | 1,220,160        |   | 130,000                     |   | 1,529,213                                          |   | 33,365                                                |   | 130,000   |   | 1,562,578                       |   | 1,692,578  |   | 211,402                       |   | 09/96 |   | 06/96 |   | 5-40 |   |
| PAHRUMP VALLEY        |   | 1,387,689        |   | 63,000                      |   | 1,757,158                                          |   | 0                                                     |   | 63,000    |   | 1,757,158                       |   | 1,820,158  |   | 388,801                       |   | 07/96 |   | 07/96 |   | 7-27.5 |   |
| STANTON ASSOC         |   | 1,204,938        |   | 85,971                      |   | 1,535,425                                          |   | (275,101                                              | )      | 85,971    |   | 1,260,324                       |   | 1,346,295  |   | 224,956                       |   | 09/95 |   | 09/95 |   | 5-40 |   |
| SG WYANDOTTE          |   | 3,287,085        |   | 950,000                     |   | 0                                                  |   | 6,616,598                                             |   | 950,000   |   | 6,616,598                       |   | 7,566,598  |   | 1,273,652                     |   | 02/97 |   | 04/96 |   | 5-27.5 |   |
| WOODLAND ASSOCIATES   |   | 1,129,322        |   | 108,900                     |   | 1,437,608                                          |   | 91,029                                                |   | 108,900   |   | 1,528,637                       |   | 1,637,537  |   | 239,183                       |   | 09/95 |   | 11/95 |   | 5-50 |   |
| ZWOLLE APTS.          |   | 862,637          |   | 10,000                      |   | 930,782                                            |   | 188,315                                               |   | 10,000    |   | 1,119,097                       |   | 1,129,097  |   | 210,572                       |   | 04/96 |   | 11/95 |   | 5-40 |   |
|                  |   |             |   |                        |   |                                               |   |                                                  |   |      |   |                            |   |       |   |                          |   |   |   |   |   |   |   |
|                  |   | 40,591,928       |   | 4,151,180                   |   | 54,755,145                                         |   | 13,010,555                                            |   | 3,941,855 |   | 67,765,700                      |   | 71,707,555 |   | 13,489,866                    |   |   |   |   |   |   |   |

 

Since the Operating Partnershipsmaintain a calendar year end the information reported on this schedule is as ofDecember 31, 2001.

There were no carrying costs asof December 31, 2001.  The column hasbeen omitted for presentation purposes.

 

F-247

----

 

Notes toSchedule III

BostonCapital Tax Credit Fund IV LP - Series 24

 

Reconciliationof Land, Building & Improvements current year changes

 
| Balance at beginning of period - 4/1/95                          |   |       |       | $      | 0           |   |
|------------------------------------------------------------------|--------|------------|------------|--------|-------------|--------|
| Additions during period:                                         |   |       |       |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0          |   |        |   |
| Other  acquisitions                                              |   | 15,269,744 |       |   |        |
| Improvements,  etc                                               |   | 0          |       |   |        |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 15,269,744  |   |
| Deductions  during period:                                       |   |       |       |   |        |
| Cost of real  estate sold                                        |   | $          | 0          |   |        |   |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 0           |   |
| Balance at  close of period - 3/31/96                            |   |       |       | $      | 15,269,744  |   |
| Additions  during period:                                        |   |       |       |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0          |   |        |   |
| Other  acquisitions                                              |   | 44,018,168 |       |   |        |
| Improvements,  etc                                               |   | 1,703,291  |       |   |        |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 45,721,459  |   |
| Deductions  during period:                                       |   |       |       |   |        |
| Cost of real  estate sold                                        |   | $          | (4,136,393 | )      |        |   |
| Other                                                            |   | (550,346   | )          |   |        |
|                                                             |   |       |       | $      | (4,686,739) |   |
| Balance at  close of period - 3/31/97                            |   |       |       | $      | 56,304,464  |   |
| Additions  during period:                                        |   |       |       |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0          |   |        |   |
| Other  acquisitions                                              |   | 3,754,806  |       |   |        |
| Improvements,  etc                                               |   | 10,437,670 |       |   |        |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 14,192,476  |   |
| Deductions  during period:                                       |   |       |       |   |        |
| Cost of real  estate sold                                        |   | $          | 0          |   |        |   |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 0           |   |
| Balance at  close of period - 3/31/98                            |   |       |       | $      | 70,496,940  |   |
| Additions  during period:                                        |   |       |       |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0          |   |        |   |
| Other  acquisitions                                              |   | 0          |       |   |        |
| Improvements,  etc                                               |   | 435,029    |       |   |        |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 435,029     |   |
| Deductions  during period:                                       |   |       |       |   |        |
| Cost of real  estate sold                                        |   | $          | 0          |   |        |   |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 0           |   |
| Balance at  close of period - 3/31/99                            |   |       |       | $      | 70,931,969  |   |
| Additions  during period:                                        |   |       |       |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0          |   |        |   |
| Other  acquisitions                                              |   | 0          |       |   |        |
| Improvements,  etc                                               |   | 422,139    |       |   |        |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 422,139     |   |
| Deductions  during period:                                       |   |       |       |   |        |
| Cost of real  estate sold                                        |   | $          | 0          |   |        |   |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 0           |   |
| Balance at  close of period - 3/31/00                            |   |       |       | $      | 71,354,108  |   |
| Additions  during period:                                        |   |       |       |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0          |   |        |   |
| Other  acquisitions                                              |   | 0          |       |   |        |
| Improvements,  etc                                               |   | 83,882     |       |   |        |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 83,882      |   |
| Deductions  during period:                                       |   |       |       |   |        |
| Cost of real  estate sold                                        |   | $          | 0          |   |        |   |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 0           |   |
| Balance at  close of period - 3/31/01                            |   |       |       | $      | 71,437,990  |   |
| Additions  during period:                                        |   |       |       |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0          |   |        |   |
| Other  acquisitions                                              |   | 0          |       |   |        |
| Improvements,  etc                                               |   | 269,565    |       |   |        |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 269,565     |   |
| Deductions  during period:                                       |   |       |       |   |        |
| Cost of real  estate sold                                        |   | $          | 0          |   |        |   |
| Other                                                            |   | 0          |       |   |        |
|                                                             |   |       |       | $      | 0           |   |
| Balance at close  of period - 3/31/02                            |   |       |       | $      | 71,707,555  |   |
|                                                             |   |       |       |   |        |
| Reconciliation  of Accumulated Depreciation current year changes |   |       |       |   |        |
|                                                             |   |       |       |   |        |
| Balance at  beginning of period - 4/1/95                         |   |       |       | $      | 0           |   |
| Current year  expense                                            |   | $          | 176,661    |   |        |   |
| Balance at  close of period - 3/31/96                            |   |       |       | $      | 176,661     |   |
| Current year  expense                                            |   | $          | 1,093,319  |   |        |   |
| Balance at  close of period - 3/31/97                            |   |       |       | $      | 1,269,980   |   |
| Current year  expense                                            |   | $          | 2,321,086  |   |        |   |
| Balance at  close of period - 3/31/98                            |   |       |       | $      | 3,591,066   |   |
| Current year  expense                                            |   | $          | 2,545,309  |   |        |   |
| Balance at  close of period - 3/31/99                            |   |       |       | $      | 6,136,375   |   |
| Current year  expense                                            |   | $          | 2,475,802  |   |        |   |
| Balance at  close of period - 3/31/00                            |   |       |       | $      | 8,612,177   |   |
| Current year  expense                                            |   | $          | 2,442,201  |   |        |   |
| Balance at  close of period - 3/31/01                            |   |       |       | $      | 11,054,378  |   |
| Current year expense                                             |   | $          | 2,435,488  |   |        |   |
| Balance at  close of period - 3/31/02                            |   |       |       | $      | 13,489,866  |   |

 

F-248

----

 

Boston CapitalTax Credit Fund II Limited Partnership - Series 25Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002

 
|                      |   |             |   | **Initial cost to company** |   | **Cost capitalized subsequent to   acquisition** |   | **Gross amount at which carried  at close of period** |   |      |   |                            |   |       |   |                          |   |
|---------------------------|--------|------------------|--------|-----------------------------|--------|--------------------------------------------------|--------|-------------------------------------------------------|--------|-----------|--------|---------------------------------|--------|------------|--------|-------------------------------|--------|
| **Description**           |   | **Encumbrances** |   | **Land**                    |   | **Buildings and  improvements**                  |   | **Improvements**                                      |   | **Land**  |   | **Buildings and  Improvements** |   | **Total**  |   | **Accumulated  depreciation** |   | **Date of   construction** |   | **Date   acquired** |   | **Life on which   depreciation is   computed** |   |
| 352 LENOX AVE             |   | 525,522          |   | 6,250                       |   | 167,568                                          |   | 1,616,323                                             |   | 6,250     |   | 1,783,891                       |   | 1,790,141  |   | 295,306                       |   | 09/97 |   | 10/96 |   | 5-27.5 |   |
| CENTURY EAST II           |   | 531,582          |   | 70,000                      |   | 888,314                                          |   | 24,703                                                |   | 70,000    |   | 913,017                         |   | 983,017    |   | 159,224                       |   | 06/96 |   | 08/96 |   | 5-27.5 |   |
| DOGWOOD PARK              |   | 2,559,756        |   | 235,000                     |   | 0                                                |   | 6,485,999                                             |   | 241,948   |   | 6,485,999                       |   | 6,727,947  |   | 1,327,333                     |   | 10/96 |   | 12/95 |   | 5-27.5 |   |
| DUBLIN HOUSING   TWO |   | 677,221          |   | 15,000                      |   | 0                                                |   | 816,370                                               |   | 15,000    |   | 816,370                         |   | 831,370    |   | 169,540                       |   | 12/96 |   | 09/96 |   | 5-27.5 |   |
| ETHEL HOUSING             |   | 809,118          |   | 18,600                      |   | 1,058,460                                        |   | 109,604                                               |   | 18,600    |   | 1,168,064                       |   | 1,186,664  |   | 165,320                       |   | 12/96 |   | 06/96 |   | 5-27.5 |   |
| HORSE CAVE                |   | 842,189          |   | 75,000                      |   | 1,053,944                                        |   | 5,561                                                 |   | 75,000    |   | 1,059,505                       |   | 1,134,505  |   | 158,788                       |   | 11/96 |   | 05/96 |   | 5-27.5 |   |
| HURRICANE HILLS           |   | 1,248,559        |   | 150,000                     |   | 416,357                                          |   | 3,243,817                                             |   | 248,816   |   | 3,660,174                       |   | 3,908,990  |   | 449,231                       |   | 04/97 |   | 09/96 |   | 5-27.5 |   |
| LAURELWOOD   PARK    |   | 2,333,853        |   | 230,000                     |   | 5,379,607                                        |   | 6,801                                                 |   | 230,000   |   | 5,386,408                       |   | 5,616,408  |   | 1,101,868                     |   | 10/96 |   | 02/96 |   | 5-27.5 |   |
| MAIN EVERETT              |   | 610,814          |   | 95,786                      |   | 1,378,380                                        |   | 4,979                                                 |   | 95,786    |   | 1,383,359                       |   | 1,479,145  |   | 271,963                       |   | 06/96 |   | 01/97 |   | 27.5 |   |
| MAPLE HILL                |   | 1,021,377        |   | 182,000                     |   | 1,560,386                                        |   | (39,303                                               | )      | 182,000   |   | 1,521,083                       |   | 1,703,083  |   | 178,124                       |   | 02/98 |   | 02/97 |   | 5-27.5 |   |
| MOKEAPOKE                 |   | 1,215,580        |   | 60,000                      |   | 1,907,937                                        |   | 0                                                     |   | 60,000    |   | 1,907,937                       |   | 1,967,937  |   | 286,570                       |   | 04/96 |   | 02/96 |   | 5-27.5 |   |
| MRH LP                    |   | 137,392          |   | 105,726                     |   | 3,610,331                                        |   | 179,282                                               |   | 105,726   |   | 3,789,613                       |   | 3,895,339  |   | 789,821                       |   | 06/96 |   | 01/97 |   | 5-27.5 |   |
| NEW MADISON               |   | 7,553,209        |   | 541,624                     |   | 11,606,586                                       |   | 154,609                                               |   | 541,624   |   | 11,761,195                      |   | 12,302,819 |   | 2,511,870                     |   | 03/97 |   | 05/96 |   | 5-27.5 |   |
| OHIO INVESTORS            |   | 1,759,207        |   | 31,650                      |   | 2,354,099                                        |   | 170,222                                               |   | 31,650    |   | 2,524,321                       |   | 2,555,971  |   | 612,277                       |   | 09/95 |   | 02/96 |   | 5-27.5 |   |
| OSBORNE HOUSING           |   | 421,844          |   | 50,667                      |   | 1,099,730                                        |   | 58,504                                                |   | 50,667    |   | 1,158,234                       |   | 1,208,901  |   | 208,744                       |   | 12/96 |   | 06/96 |   | 27.5 |   |
| ROSE SQUARE               |   | 387,827          |   | 106,942                     |   | 615,913                                          |   | 19,521                                                |   | 106,942   |   | 635,434                         |   | 742,376    |   | 76,070                        |   | 02/97 |   | 10/96 |   | 5-27.5 |   |
| SANDSTONE VILLAGE         |   | 1,201,105        |   | 96,047                      |   | 0                                                |   | 2,600,742                                             |   | 96,047    |   | 2,600,742                       |   | 2,696,789  |   | 535,167                       |   | 08/96 |   | 11/95 |   | 5-27.5 |   |
| SHANNON HOUSING           |   | 1,257,356        |   | 34,800                      |   | 1,466,352                                        |   | 157,707                                               |   | 34,800    |   | 1,624,059                       |   | 1,658,859  |   | 241,316                       |   | 01/97 |   | 04/96 |   | 40.7 |   |
| SMITH HOUSE               |   | 1,949,522        |   | 107,284                     |   | 5,108,688                                        |   | 218,295                                               |   | 107,284   |   | 5,326,983                       |   | 5,434,267  |   | 1,173,830                     |   | 03/97 |   | 04/96 |   | 5-27..5 |   |
| SG WAYNDOTTE              |   | 3,287,085        |   | 950,000                     |   | 1,254,765                                        |   | 5,361,833                                             |   | 950,000   |   | 6,616,598                       |   | 7,566,598  |   | 1,273,652                     |   | 02/97 |   | 04/96 |   | 5-27.5 |   |
| SUTTON PLACE              |   | 6,025,000        |   | 352,500                     |   | 7,055,577                                        |   | 1,106,452                                             |   | 352,500   |   | 8,162,029                       |   | 8,514,529  |   | 2,011,423                     |   | 10/97 |   | 11/96 |   | 5-27.5 |   |
| WEST POINT   HOUSING |   | 1,114,578        |   | 75,000                      |   | 1,188,623                                        |   | 471,095                                               |   | 75,000    |   | 1,659,718                       |   | 1,734,718  |   | 235,419                       |   | 04/96 |   | 09/96 |   | 40.7 |   |
|                      |   |             |   |                        |   |                                             |   |                                                  |   |      |   |                            |   |       |   |                          |   |   |   |   |   |   |   |
|                      |   | 37,469,696       |   | 3,589,876                   |   | 49,171,617                                       |   | 22,773,116                                            |   | 3,695,640 |   | 71,944,733                      |   | 75,640,373 |   | 14,232,856                    |   |   |   |   |   |   |   |

 

Since the Operating Partnershipsmaintain a calendar year end the information reported on this schedule is as ofDecember 31, 2001.

There were no carrying costs asof December 31, 2001.  The column hasbeen omitted for presentation purposes.

 

F-249

----

 

Notes toSchedule III

BostonCapital Tax Credit Fund IV LP - Series 25

 

Reconciliationof Land, Building & Improvements current year changes

 
| Balance at beginning of period - 4/1/95                          |   |       |      | $      | 0          |   |
|------------------------------------------------------------------|--------|------------|-----------|--------|------------|--------|
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 331,047    |      |   |       |
| Improvements,  etc                                               |   | 0          |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 331,047    |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/96                            |   |       |      | $      | 331,047    |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 43,624,585 |      |   |       |
| Improvements,  etc                                               |   | 9,149,104  |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 52,773,689 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/97                            |   |       |      | $      | 53,104,736 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 5,458,443  |      |   |       |
| Improvements,  etc                                               |   | 15,277,130 |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 20,735,573 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/98                            |   |       |      | $      | 73,840,309 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other acquisitions                                               |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 651,749    |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 651,749    |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 74,492,058 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 282,521    |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 282,521    |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 74,774,579 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 572,576    |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 572,576    |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 75,347,155 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 293,218    |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 293,218    |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 75,640,373 |   |
|                                                             |   |       |      |   |       |
| Reconciliation  of Accumulated Depreciation current year changes |   |       |      |   |       |
|                                                             |   |       |      |   |       |
| Balance at  beginning of period - 4/1/95                         |   |       |      | $      | 0          |   |
| Current year  expense                                            |   | $          | 20,636    |   |       |   |
| Balance at  close of period - 3/31/96                            |   |       |      | $      | 20,636     |   |
| Current year  expense                                            |   | $          | 1,056,849 |   |       |   |
| Balance at  close of period - 3/31/97                            |   |       |      | $      | 1,077,485  |   |
| Current year  expense                                            |   | $          | 2,388,275 |   |       |   |
| Balance at  close of period - 3/31/98                            |   |       |      | $      | 3,465,760  |   |
| Current year  expense                                            |   | $          | 2,657,320 |   |       |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 6,123,080  |   |
| Current year  expense                                            |   | $          | 2,661,938 |   |       |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 8,785,018  |   |
| Current year  expense                                            |   | $          | 2,765,041 |   |       |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 11,550,059 |   |
| Current year  expense                                            |   | $          | 2,682,797 |   |       |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 14,232,856 |   |

 

F-250

----

 

Boston Capital Tax Credit FundIV LP-Series 26Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002

 
|                  |   |             |   | **Initial cost to company** |   | **Cost capitalized   subsequent to   acquisition** |   | **Gross amount at which carried  at close of period** |   |      |   |                            |   |        |   |                          |   |
|-----------------------|--------|------------------|--------|-----------------------------|--------|----------------------------------------------------|--------|-------------------------------------------------------|--------|-----------|--------|---------------------------------|--------|-------------|--------|-------------------------------|--------|
| **Description**       |   | **Encumbrances** |   | **Land**                    |   | **Buildings and  improvements**                    |   | **Improvements**                                      |   | **Land**  |   | **Buildings and  improvements** |   | **Total**   |   | **Accumulated  depreciation** |   | **Date of   construction** |   | **Date  acquired** |   | **Life on which   depreciation  is computed** |   |
| 200 EAST AVE LP       |   | 9,154,670        |   | 61,000                      |   | 7,896,816                                          |   | 2,369,019                                             |   | 61,000    |   | 10,265,835                      |   | 10,326,835  |   | 677,389                       |   | 07/00 |   | 01/99 |   | 12-40 |   |
| AVA LP                |   | 1,274,389        |   | 82,757                      |   | 914,666                                            |   | 604,352                                               |   | 82,757    |   | 1,519,018                       |   | 1,601,775   |   | 178,477                       |   | 04/98 |   | 11/97 |   | 5-27.5 |   |
| BEAUREGARD APTS       |   | 820,545          |   | 70,000                      |   | 1,640,768                                          |   | 0                                                     |   | 70,000    |   | 1,640,768                       |   | 1,710,768   |   | 241,488                       |   | 09/96 |   | 08/96 |   | 7-40 |   |
| BECKWOOD MANOR ONE    |   | 1,036,514        |   | 20,000                      |   | 1,335,215                                          |   | 2,420                                                 |   | 20,000    |   | 1,337,635                       |   | 1,357,635   |   | 292,562                       |   | 10/96 |   | 08/96 |   | 5-27.5 |   |
| BRADLEY PHASE I       |   | 2,014,280        |   | 290,000                     |   | 3,476,912                                          |   | 4,136                                                 |   | 290,000   |   | 3,481,048                       |   | 3,771,048   |   | 404,736                       |   | 12/97 |   | 02/97 |   | 20-40 |   |
| BRADLEY PHASE II      |   | 1,181,713        |   | 190,000                     |   | 2,405,548                                          |   | (73,893                                               | )      | 190,000   |   | 2,331,655                       |   | 2,521,655   |   | 274,079                       |   | 12/97 |   | 02/97 |   | 20-40 |   |
| BROOKHAVEN APTS       |   | 1,031,726        |   | 52,272                      |   | 1,800,921                                          |   | 0                                                     |   | 52,272    |   | 1,800,921                       |   | 1,853,193   |   | 241,691                       |   | 01/97 |   | 02/97 |   | 7-40 |   |
| BUTLER APTS           |   | 168,616          |   | 2,908                       |   | 314,128                                            |   | 0                                                     |   | 2,908     |   | 314,128                         |   | 317,036     |   | 41,585                        |   | 10/96 |   | 08/96 |   | 40 |   |
| CALGORY APTS I        |   | 619,570          |   | 100,000                     |   | 985,781                                            |   | 9,926                                                 |   | 100,000   |   | 995,707                         |   | 1,095,707   |   | 180,850                       |   | 12/95 |   | 02/96 |   | 5-27.5 |   |
| CALGORY APTS II       |   | 621,343          |   | 100,000                     |   | 988,294                                            |   | 13,927                                                |   | 100,000   |   | 1,002,221                       |   | 1,102,221   |   | 180,626                       |   | 12/95 |   | 02/96 |   | 5-27.5 |   |
| CALGORY APTS III      |   | 617,620          |   | 100,000                     |   | 983,301                                            |   | 13,851                                                |   | 100,000   |   | 997,152                         |   | 1,097,152   |   | 181,389                       |   | 12/95 |   | 02/96 |   | 5-27.5 |   |
| CAMERON HOUSING       |   | 751,338          |   | 74,000                      |   | 1,736,306                                          |   | 0                                                     |   | 74,000    |   | 1,736,306                       |   | 1,810,306   |   | 256,494                       |   | 10/96 |   | 08/96 |   | 40 |   |
| COUNTRY EDGE          |   | 1,056,876        |   | 140,000                     |   | 2,258,924                                          |   | 13,540                                                |   | 140,000   |   | 2,272,464                       |   | 2,412,464   |   | 267,213                       |   | 12/97 |   | 07/97 |   | 5-27.5 |   |
| DECRO NORDOFF         |   | 1,973,350        |   | 555,000                     |   | 3,240,184                                          |   | 150,300                                               |   | 555,000   |   | 3,390,484                       |   | 3,945,484   |   | 582,845                       |   | 07/97 |   | 09/96 |   | 5-27.5 |   |
| EAST PARK II          |   | 559,673          |   | 35,000                      |   | 1,120,448                                          |   | 17,406                                                |   | 35,000    |   | 1,137,854                       |   | 1,172,854   |   | 188,886                       |   | 08/96 |   | 08/96 |   | 5-27.5 |   |
| EDGEWOOD ESTATES      |   | 610,537          |   | 27,000                      |   | 759,092                                            |   | 13,710                                                |   | 27,000    |   | 772,802                         |   | 799,802     |   | 113,576                       |   | 11/96 |   | 06/97 |   | 7-40 |   |
| EDGEWOOD PARK         |   | 1,500,000        |   | 125,000                     |   | 2,943,474                                          |   | 21,665                                                |   | 125,000   |   | 2,965,139                       |   | 3,090,139   |   | 539,362                       |   | 01/97 |   | 05/96 |   | 5-27.5 |   |
| ESCHER STREET         |   | 2,355,473        |   | 100,000                     |   | 356,532                                            |   | 6,198,394                                             |   | 100,000   |   | 6,554,926                       |   | 6,654,926   |   | 899,218                       |   | 05/98 |   | 04/97 |   | 5-27.5 |   |
| GRANDVIEW APTS        |   | 1,145,542        |   | 180,000                     |   | 2,198,865                                          |   | 23,465                                                |   | 180,000   |   | 2,222,330                       |   | 2,402,330   |   | 354,842                       |   | 08/96 |   | 08/96 |   | 5-27.5 |   |
| GRAYSON MANOR         |   | 1,054,607        |   | 80,000                      |   | 1,733,403                                          |   | (8,114                                                | )      | 80,000    |   | 1,725,289                       |   | 1,805,289   |   | 258,726                       |   | 11/98 |   | 03/98 |   | 5-27.5 |   |
| GVA LP                |   | 1,145,831        |   | 54,946                      |   | 1,445,428                                          |   | 0                                                     |   | 54,946    |   | 1,445,428                       |   | 1,500,374   |   | 196,989                       |   | 11/97 |   | 04/97 |   | 5-27.5 |   |
| HANOVER TOWERS        |   | 4,717,692        |   | 580,000                     |   | 7,092,714                                          |   | (13,689                                               | )      | 580,000   |   | 7,079,025                       |   | 7,659,025   |   | 819,934                       |   | 11/97 |   | 02/97 |   | 5-27.5 |   |
| HOLLY HILLS           |   | 1,278,631        |   | 60,000                      |   | 1,685,727                                          |   | 0                                                     |   | 60,000    |   | 1,685,727                       |   | 1,745,727   |   | 206,245                       |   | 08/97 |   | 05/97 |   | 5-27.5 |   |
| JACKSON BOND          |   | 5,000,000        |   | 536,323                     |   | 952,071                                            |   | 6,791,555                                             |   | 536,323   |   | 7,743,626                       |   | 8,279,949   |   | 779,802                       |   | 12/99 |   | 11/98 |   | 5-27.5 |   |
| LAKE IV APTS          |   | 630,416          |   | 85,000                      |   | 1,016,090                                          |   | 8,130                                                 |   | 85,000    |   | 1,024,220                       |   | 1,109,220   |   | 185,874                       |   | 12/95 |   | 02/96 |   | 5-27.5 |   |
| LAKE V APTS           |   | 604,179          |   | 85,000                      |   | 1,018,755                                          |   | 14,807                                                |   | 85,000    |   | 1,033,562                       |   | 1,118,562   |   | 187,039                       |   | 12/95 |   | 02/96 |   | 5-27.5 |   |
| LIBERTY VILLAGE       |   | 1,734,657        |   | 43,085                      |   | 2,165,569                                          |   | 14,336                                                |   | 44,000    |   | 2,179,905                       |   | 2,223,905   |   | 402,622                       |   | 05/97 |   | 01/97 |   | 5-27.5 |   |
| LITTLE VALLEY ESTATES |   | 1,144,789        |   | 44,000                      |   | 1,453,331                                          |   | 92,014                                                |   | 44,000    |   | 1,545,345                       |   | 1,589,345   |   | 207,237                       |   | 04/97 |   | 01/97 |   | 5-27.5 |   |
| MASON LP              |   | 925,652          |   | 14,000                      |   | 1,195,375                                          |   | 12,053                                                |   | 14,000    |   | 1,207,428                       |   | 1,221,428   |   | 280,390                       |   | 01/96 |   | 02/96 |   | 5-27.5 |   |
| MAXTON GREEN          |   | 962,981          |   | 30,500                      |   | 1,264,803                                          |   | 273                                                   |   | 30,500    |   | 1,265,076                       |   | 1,295,576   |   | 274,946                       |   | 12/96 |   | 09/96 |   | 5-27.5 |   |
| MB APTS               |   | 1,100,694        |   | 350,000                     |   | 2,321,961                                          |   | 0                                                     |   | 350,000   |   | 2,321,961                       |   | 2,671,961   |   | 398,562                       |   | 06/97 |   | 03/96 |   | 5-27.5 |   |
| MERIDIAN HOUSING      |   | 1,125,138        |   | 72,000                      |   | 1,137,270                                          |   | 375,001                                               |   | 72,000    |   | 1,512,271                       |   | 1,584,271   |   | 124,267                       |   | 05/99 |   | 12/98 |   | 7-40 |   |
| MOSBY FOREST          |   | 699,068          |   | 31,275                      |   | 1,342,190                                          |   | 4,656                                                 |   | 31,275    |   | 1,346,846                       |   | 1,378,121   |   | 284,561                       |   | 10/96 |   | 10/96 |   | 5-27.5 |   |
| NEW DEVONSHILRE II    |   | 767,474          |   | 76,211                      |   | 904,064                                            |   | 32,858                                                |   | 76,211    |   | 936,922                         |   | 1,013,133   |   | 193,124                       |   | 12/96 |   | 01/97 |   | 5-27.5 |   |
| NEW DEVONSHIRE WEST   |   | 532,970          |   | 31,000                      |   | 628,776                                            |   | 27,295                                                |   | 31,000    |   | 656,071                         |   | 687,071     |   | 130,628                       |   | 01/97 |   | 01/97 |   | 5-27.5 |   |
| POWELL VALLEY         |   | 747,632          |   | 78,947                      |   | 2,310,346                                          |   | 4,665                                                 |   | 78,947    |   | 2,315,011                       |   | 2,393,958   |   | 324,980                       |   | 12/98 |   | 03/98 |   | 5-27.5 |   |
| SG HAZELTINE          |   | 1,397,272        |   | 464,955                     |   | 2,934,870                                          |   | 286,524                                               |   | 464,955   |   | 3,221,394                       |   | 3,686,349   |   | 617,264                       |   | 01/97 |   | 06/96 |   | 5-27.5 |   |
| SOUTHWIND APTS        |   | 838,317          |   | 32,000                      |   | 1,607,903                                          |   | 0                                                     |   | 32,000    |   | 1,607,903                       |   | 1,639,903   |   | 218,985                       |   | 12/96 |   | 08/96 |   | 40 |   |
| TR BOBB APTS          |   | 679,001          |   | 75,000                      |   | 1,530,233                                          |   | 0                                                     |   | 75,000    |   | 1,530,233                       |   | 1,605,233   |   | 229,916                       |   | 01/96 |   | 08/96 |   | 40 |   |
| TIMMONSVILLE GREEN    |   | 1,065,842        |   | 41,000                      |   | 1,427,096                                          |   | 12,085                                                |   | 41,000    |   | 1,439,181                       |   | 1,480,181   |   | 301,930                       |   | 02/97 |   | 10/96 |   | 5-27.5 |   |
| TREMONT STATION       |   | 1,042,666        |   | 35,803                      |   | 1,633,750                                          |   | 153,925                                               |   | 35,803    |   | 1,787,675                       |   | 1,823,478   |   | 242,893                       |   | 11/96 |   | 05/96 |   | 5-27.5 |   |
| THE WILLOWS           |   | 804,102          |   | 13,000                      |   | 1,067,939                                          |   | (1                                                    | )      | 13,000    |   | 1,067,938                       |   | 1,080,938   |   | 174,318                       |   | 05/96 |   | 05/96 |   | 5-27.5 |   |
| VVA LP                |   | 1,152,235        |   | 21,861                      |   | 935,951                                            |   | 559,866                                               |   | 21,861    |   | 1,495,817                       |   | 1,517,678   |   | 176,503                       |   | 10/98 |   | 04/97 |   | 7-40 |   |
| WARRENSBURG HEIGHTS   |   | 1,109,663        |   | 23,370                      |   | 1,397,872                                          |   | 11,556                                                |   | 23,370    |   | 1,409,428                       |   | 1,432,798   |   | 323,767                       |   | 11/96 |   | 12/96 |   | 5-27.5 |   |
| WPVA LP               |   | 1,159,273        |   | 45,000                      |   | 929,628                                            |   | 546,701                                               |   | 45,000    |   | 1,476,329                       |   | 1,521,329   |   | 185,926                       |   | 03/98 |   | 04/97 |   | 5-27.5 |   |
|                  |   |             |   |                        |   |                                               |   |                                                  |   |      |   |                            |   |        |   |                          |   |   |   |   |   |   |   |
|                  |   | 61,914,557       |   | 5,309,213                   |   | 80,489,290                                         |   | 18,308,714                                            |   | 5,310,128 |   | 98,798,004                      |   | 104,108,132 |   | 13,824,736                    |   |   |   |   |   |   |   |

 

Since the Operating Partnershipsmaintain a calendar year end, the information reported on this schedule is asof December 31, 2001.

There we no carrying costs as of December 31, 2001. The Column has beenomitted for presentation purposes.

 

F-251

----

 

Notes toSchedule III

BostonCapital Tax Credit Fund IV LP - Series 26

 
| Balance at beginning of period - 4/1/96                          |   |       |      | $      | 0           |   |
|------------------------------------------------------------------|--------|------------|-----------|--------|-------------|--------|
| Additions during period:                                         |   |       |      |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |        |   |
| Other  acquisitions                                              |   | 32,787,138 |      |   |        |
| Improvements,  etc                                               |   | 0          |      |   |        |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 32,787,138  |   |
| Deductions  during period:                                       |   |       |      |   |        |
| Cost of real  estate sold                                        |   | $          | 0         |   |        |   |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 0           |   |
| Balance at  close of period - 3/31/97                            |   |       |      | $      | 32,787,138  |   |
| Additions  during period:                                        |   |       |      |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |        |   |
| Other  acquisitions                                              |   | 31,051,915 |      |   |        |
| Improvements,  etc                                               |   | 7,109,210  |      |   |        |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 38,161,125  |   |
| Deductions  during period:                                       |   |       |      |   |        |
| Cost of real  estate sold                                        |   | $          | 0         |   |        |   |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | 0      |        |
| Balance at  close of period - 3/31/98                            |   |       |      | $      | 70,948,263  |   |
| Additions  during period:                                        |   |       |      |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |        |   |
| Other  acquisitions                                              |   | 6,900,360  |      |   |        |
| Improvements,  etc                                               |   | 7,109,210  |      |   |        |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 15,122,103  |   |
| Deductions  during period:                                       |   |       |      |   |        |
| Cost of real  estate sold                                        |   | $          | 0         |   |        |   |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 0           |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 86,070,366  |   |
| Additions  during period:                                        |   |       |      |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |        |   |
| Other  acquisitions                                              |   | 7,957,816  |      |   |        |
| Improvements,  etc                                               |   | 7,497,422  |      |   |        |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 15,455,238  |   |
| Deductions  during period:                                       |   |       |      |   |        |
| Cost of real  estate sold                                        |   | $          | 0         |   |        |   |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 0           |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 101,525,604 |   |
| Additions  during period:                                        |   |       |      |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |        |   |
| Other  acquisitions                                              |   | 0          |      |   |        |
| Improvements,  etc                                               |   | 2,480,794  |      |   |        |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 2,480,794   |   |
| Deductions  during period:                                       |   |       |      |   |        |
| Cost of real  estate sold                                        |   | $          | 0         |   |        |   |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 0           |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 104,006,398 |   |
| Additions  during period:                                        |   |       |      |   |        |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |        |   |
| Other  acquisitions                                              |   | 0          |      |   |        |
| Improvements,  etc                                               |   | 101,734    |      |   |        |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 101,734     |   |
| Deductions  during period:                                       |   |       |      |   |        |
| Cost of real  estate sold                                        |   | $          | 0         |   |        |   |
| Other                                                            |   | 0          |      |   |        |
|                                                             |   |       |      | $      | 0           |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 104,108,132 |   |
|                                                             |   |       |      |   |        |
| Reconciliation  of Accumulated Depreciation current year changes |   |       |      |   |        |
|                                                             |   |       |      |   |        |
| Balance at  beginning of period - 4/1/96                         |   |       |      | $      | 0           |   |
| Current year  expense                                            |   | $          | 361,387   |   |        |   |
| Balance at  close of period - 3/31/97                            |   |       |      | $      | 361,387     |   |
| Current year  expense                                            |   | $          | 1,764,231 |   |        |   |
| Balance at  close of period - 3/31/98                            |   |       |      | $      | 2,125,618   |   |
| Current year  expense                                            |   | $          | 2,289,241 |   |        |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 4,414,859   |   |
| Current year  expense                                            |   | $          | 2,753,759 |   |        |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 7,168,618   |   |
| Current year  expense                                            |   | $          | 3,295,505 |   |        |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 10,464,123  |   |
| Current year  expense                                            |   | $          | 3,360,613 |   |        |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 13,824,736  |   |

 

F-252

----

 

Boston CapitalTax Credit Fund IV LP - Series 27Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002

 
|                     |   |             |   | **Initial cost to company** |   | **Cost capitalized   subsequent to   acquisition** |   | **Gross amount at which carried  at close of period** |   |      |   |                            |   |       |   |                          |   |
|--------------------------|--------|------------------|--------|-----------------------------|--------|----------------------------------------------------|--------|-------------------------------------------------------|--------|-----------|--------|---------------------------------|--------|------------|--------|-------------------------------|--------|
| **Description**          |   | **Encumbrances** |   | **Land**                    |   | **Buildings and  improvements**                    |   | **Improvements**                                      |   | **Land**  |   | **Buildings and  Improvements** |   | **Total**  |   | **Accumulated  depreciation** |   | **Date of  construction** |   | **Date   acquired** |   | **Life on which   depreciation is   computed** |   |
| AHAB  PROJ #1            |   | 480,285          |   | 2,850                       |   | 1,253,094                                          |   | 4,639                                                 |   | 2,850     |   | 1,257,733                       |   | 1,260,583  |   | 155,925                       |   | 11/97 |   | 06/97 |   | 5-27.5 |   |
| ANGELOU COURT            |   | 998,130          |   | 3                           |   | 2,685,763                                          |   | 0                                                     |   | 3         |   | 2,685,763                       |   | 2,685,766  |   | 230,112                       |   | 08/99 |   | 10/97 |   | 5-27.5 |   |
| CASA ROSA                |   | 901,117          |   | 0                           |   | 2,487,701                                          |   | 712,366                                               |   | 0         |   | 3,200,067                       |   | 3,200,067  |   | 405,004                       |   | 04/98 |   | 09/97 |   | 5-27.5 |   |
| CANISTEO MANOR           |   | 890,406          |   | 46,553                      |   | 1,567,499                                          |   | (147                                                  | )      | 46,553    |   | 1,567,352                       |   | 1,613,905  |   | 247,185                       |   | 04/98 |   | 04/98 |   | 5-27.5 |   |
| CENTRUM FAIRFAX II       |   | 6,547,880        |   | 1,054,099                   |   | 0                                                  |   | 7,431,128                                             |   | 1,054,099 |   | 7,431,128                       |   | 8,485,227  |   | 874,125                       |   | 06/97 |   | 08/96 |   | 5-27.5 |   |
| HARBOR LP                |   | 11,717,638       |   | 1,250,000                   |   | 14,491,429                                         |   | (36,729                                               | )      | 1,250,000 |   | 14,454,700                      |   | 15,704,700 |   | 1,694,204                     |   | 11/97 |   | 02/97 |   | 5-40 |   |
| HARRISSONVILLE           |   | 1,283,142        |   | 102,637                     |   | 3,021,382                                          |   | 1,305                                                 |   | 102,637   |   | 3,022,687                       |   | 3,125,324  |   | 592,556                       |   | 12/96 |   | 01/98 |   | 5-27.5 |   |
| HOLLY HEIGHTS            |   | 494,185          |   | 31,914                      |   | 0                                                  |   | 1,780,662                                             |   | 31,914    |   | 1,780,662                       |   | 1,812,576  |   | 168,210                       |   | 08/98 |   | 04/97 |   | 5-27.5 |   |
| KIEHL PARTNERS           |   | 9,200,000        |   | 747,825                     |   | 13,193,825                                         |   | 46,037                                                |   | 747,825   |   | 13,239,862                      |   | 13,987,687 |   | 1,536,621                     |   | 06/99 |   | 11/99 |   | 5-27.5 |   |
| LAKE APTS II             |   | 599,307          |   | 80,000                      |   | 930,841                                            |   | 14,982                                                |   | 80,000    |   | 945,823                         |   | 1,025,823  |   | 145,511                       |   | 12/95 |   | 01/97 |   | 5-27.5 |   |
| MAGNOLIA PLACE LP        |   | 873,890          |   | 150,000                     |   | 0                                                  |   | 1,596,432                                             |   | 160,500   |   | 1,596,432                       |   | 1,756,932  |   | 194,220                       |   | 01/98 |   | 11/97 |   | 5-27.5 |   |
| NORTHROCK   HOUSING |   | 2,580,636        |   | 250,478                     |   | 1,356,518                                          |   | 3,304,851                                             |   | 250,478   |   | 4,661,369                       |   | 4,911,847  |   | 228,697                       |   | 05/00 |   | 05/99 |   | 10-40 |   |
| PEAR VILLAGE             |   | 501,495          |   | 50,000                      |   | 512,155                                            |   | 545,102                                               |   | 50,000    |   | 1,057,257                       |   | 1,107,257  |   | 193,743                       |   | 02/97 |   | 08/96 |   | 5-27.5 |   |
| RANDOLPH VILLAGE         |   | 5,458,835        |   | 1,168,500                   |   | 0                                                  |   | 9,192,092                                             |   | 1,168,500 |   | 9,192,092                       |   | 10,360,592 |   | 1,107,026                     |   | 08/97 |   | 09/96 |   | 5-27.5 |   |
| SUNDAY SUN               |   | 886,169          |   | 156,600                     |   | 1,638,376                                          |   | 0                                                     |   | 156,600   |   | 1,638,376                       |   | 1,794,976  |   | 326,759                       |   | 12/96 |   | 10/96 |   | 5-27.5 |   |
| WAYNE HOUSING            |   | 9,203,547        |   | 1,200,000                   |   | 0                                                  |   | 13,339,731                                            |   | 903,435   |   | 13,339,731                      |   | 14,243,166 |   | 1,340,271                     |   | 04/98 |   | 11/96 |   | 5-27.5 |   |
|                     |   |             |   |                        |   |                                               |   |                                                  |   |      |   |                            |   |       |   |                          |   |   |   |   |   |   |   |
|                     |   | 52,616,662       |   | 6,291,459                   |   | 43,138,583                                         |   | 37,932,451                                            |   | 6,005,394 |   | 81,071,034                      |   | 87,076,428 |   | 9,440,169                     |   |   |   |   |   |   |   |

 

Since the Operating Partnershipsmaintain a calendar year end the information reported on this schedule is as ofDecember 31, 2001.

There were no carrying costs asof December 31, 2001.  The column hasbeen omitted for presentation purposes.

 

F-253

----

 

Notes toSchedule III

BostonCapital Tax Credit Fund IV LP - Series 27

 

Reconciliationof Land, Building & Improvements current year changes

 
| Balance at  beginning of period - 4/1/96                         |   |       |      | $      | 0          |   |
|------------------------------------------------------------------|--------|------------|-----------|--------|------------|--------|
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 5,779,730  |      |   |       |
| Improvements,  etc                                               |   | 0          |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 5,779,730  |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at close  of period - 3/31/97                            |   |       |      | $      | 5,779,730  |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 20,677,829 |      |   |       |
| Other                                                            |   | 17,177,150 |      |   |       |
|                                                             |   |       |      | $      | 37,854,979 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/98                            |   |       |      | $      | 43,634,709 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 4,738,071  |      |   |       |
| Improvements,  etc                                               |   | 17,179,919 |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 21,917,990 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 65,552,699 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions through  foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 15,548,646 |      |   |       |
| Improvements,  etc                                               |   | 2,444,640  |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 17,993,286 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 83,545,985 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 3,502,518  |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 3,502,518  |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 87,048,503 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          |      |   |       |
| Other  acquisitions                                              |   |       |      |   |       |
| Improvements,  etc                                               |   | 27,925     |      |   |       |
| Other                                                            |   |       |      |   |       |
|                                                             |   |       |      | $      | 27,925     |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 87,076,428 |   |
|                                                             |   |       |      |   |       |
| Reconciliation  of Accumulated Depreciation current year changes |   |       |      |   |       |
|                                                             |   |       |      |   |       |
| Balance at  beginning of period - 4/1/96                         |   |       |      | $      | 0          |   |
| Current year  expense                                            |   | $          | 10,734    |   |       |   |
| Balance at  close of period - 3/31/97                            |   |       |      | $      | 10,734     |   |
| Current year  expense                                            |   | $          | 594,951   |   |       |   |
| Balance at  close of period - 3/31/98                            |   |       |      | $      | 605,685    |   |
| Current year  expense                                            |   | $          | 1,573,377 |   |       |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 2,179,062  |   |
| Current year  expense                                            |   | $          | 2,071,362 |   |       |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 4,250,424  |   |
| Current year  expense                                            |   | $          | 2,690,062 |   |       |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 6,940,486  |   |
| Current year  expense                                            |   | $          | 2,499,683 |   |       |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 9,440,169  |   |

 

F-254

----

 

Boston Capital Tax Credit Fund IV LP-Series 28Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002
|                         |   |             |   | **Initial cost to company** |   | **Cost capitalized   subsequent to   acquisition** |   | **Gross amount at which carried  at close of period** |   |      |   |                            |   |       |   |                          |   |
|------------------------------|--------|------------------|--------|-----------------------------|--------|----------------------------------------------------|--------|-------------------------------------------------------|--------|-----------|--------|---------------------------------|--------|------------|--------|-------------------------------|--------|
| **Description**              |   | **Encumbrances** |   | **Land**                    |   | **Buildings and  improvements**                    |   | **Improvements**                                      |   | **Land**  |   | **Buildings and  Improvements** |   | **Total**  |   | **Accumulated  depreciation** |   | **Date of  construction** |   | **Date   acquired** |   | **Life on which   depreciation is   computed** |   |
| 1374 BOSTON POST ROAD        |   | 525,676          |   | 100,000                     |   | 1,086,670                                          |   | 69,441                                                |   | 100,000   |   | 1,156,111                       |   | 1,256,111  |   | 212,178                       |   | 06/97 |   | 02/97 |   | 5-27.5 |   |
| ASHBERRY MANOR               |   | 638,803          |   | 100,500                     |   | 1,192,737                                          |   | 0                                                     |   | 100,500   |   | 1,192,737                       |   | 1,293,237  |   | 152,242                       |   | 03/97 |   | 02/97 |   | 5-27.5 |   |
| ATHENS PARTNERS              |   | 1,199,088        |   | 327,639                     |   | 2,978,391                                          |   | 2,178,487                                             |   | 342,639   |   | 5,156,878                       |   | 5,499,517  |   | 614,218                       |   | 6/99 |   | 10/98 |   | 5-27.5 |   |
| BIENVILLE, L.P.              |   | 958,233          |   | 20,300                      |   | 1,194,688                                          |   | 45,729                                                |   | 20,300    |   | 1,240,417                       |   | 1,260,717  |   | 167,269                       |   | 02/97 |   | 02/97 |   | 7-40 |   |
| BLANCHARD APTS               |   | 908,983          |   | 20,000                      |   | 807,233                                            |   | 353,314                                               |   | 46,728    |   | 1,160,547                       |   | 1,207,275  |   | 129,864                       |   | 07/97 |   | 07/97 |   | 7-40 |   |
| CHANDLER VILLAGE             |   | 904,955          |   | 32,000                      |   | 1,249,842                                          |   | 0                                                     |   | 32,000    |   | 1,249,842                       |   | 1,281,842  |   | 212,295                       |   | 07/97 |   | 04/97 |   | 5-30 |   |
| COTTONWOOD                   |   | 733,535          |   | 20,000                      |   | 0                                                  |   | 964,795                                               |   | 20,000    |   | 964,795                         |   | 984,795    |   | 110,101                       |   | 07/97 |   | 07/97 |   | 5-27.5 |   |
| EVANGELINE APTS              |   | 968,897          |   | 20,000                      |   | 1,364,939                                          |   | 0                                                     |   | 20,000    |   | 1,364,939                       |   | 1,384,939  |   | 181,574                       |   | 01/98 |   | 11/97 |   | 7-40 |   |
| EVERGREEN III                |   | 929,842          |   | 6,000                       |   | 1,250,781                                          |   | 10,309                                                |   | 6,000     |   | 1,261,090                       |   | 1,267,090  |   | 251,706                       |   | 04/97 |   | 02/97 |   | 5-27.5 |   |
| FAIRWAY II LP                |   | 1,043,952        |   | 48,000                      |   | 1,277,751                                          |   | 10,874                                                |   | 48,000    |   | 1,288,625                       |   | 1,336,625  |   | 179,712                       |   | 03/97 |   | 12/96 |   | 7-40 |   |
| FORT BEND                    |   | 3,089,842        |   | 538,500                     |   | 0                                                  |   | 7,474,269                                             |   | 538,500   |   | 7,474,269                       |   | 8,012,769  |   | 1,029,462                     |   | 10/99 |   | 04/98 |   | 12-40 |   |
| JACKSON PLACE                |   | 1,003,488        |   | 74,943                      |   | 2,095,999                                          |   | (57,061                                               | )      | 74,943    |   | 2,038,938                       |   | 2,113,881  |   | 256,993                       |   | 10/97 |   | 07/97 |   | 5-27.5 |   |
| MAPLEWOOD APTS               |   | 908,123          |   | 47,125                      |   | 1,923,321                                          |   | 0                                                     |   | 47,125    |   | 1,923,321                       |   | 1,970,446  |   | 198,652                       |   | 08/98 |   | 03/98 |   | 5-27.5 |   |
| MILTON SENIOR LP             |   | 1,167,648        |   | 51,400                      |   | 2,385,863                                          |   | 36,255                                                |   | 51,400    |   | 2,422,118                       |   | 2,473,518  |   | 430,814                       |   | 06/97 |   | 02/97 |   | 5-27.5 |   |
| NEIGHBORHOOD RESTORATION VII |   | 2,235,691        |   | 42,825                      |   | 6,368,910                                          |   | 0                                                     |   | 42,825    |   | 6,368,910                       |   | 6,411,735  |   | 894,383                       |   | 02/98 |   | 02/98 |   | 5-27.5 |   |
| PIN OAK ELDERLY ASSOC.       |   | 9,025,780        |   | 832,000                     |   | 7,701,570                                          |   | 7,633,573                                             |   | 2,024,000 |   | 15,335,143                      |   | 17,359,143 |   | 2,048,919                     |   | 01/96 |   | 11/97 |   | 5-27.5 |   |
| RANDOLPH VILLAGE             |   | 5,799,295        |   | 1,168,500                   |   | 9,187,147                                          |   | 4,945                                                 |   | 1,168,500 |   | 9,192,092                       |   | 10,360,592 |   | 1,107,026                     |   | 08/97 |   | 12/97 |   | 5-27.5 |   |
| RVKY,LP                      |   | 1,337,287        |   | 65,582                      |   | 1,315,622                                          |   | 370,442                                               |   | 65,582    |   | 1,686,064                       |   | 1,751,646  |   | 216,485                       |   | 04/98 |   | 11/97 |   | 5-27.5 |   |
| SAND LANE MANOR              |   | 672,076          |   | 104,000                     |   | 0                                                  |   | 1,217,985                                             |   | 104,000   |   | 1,217,985                       |   | 1,321,985  |   | 118,951                       |   | 04/98 |   | 08/97 |   | 5-27.5 |   |
| SENIOR SUITES CHICAGO        |   | 4,087,580        |   | 14,922                      |   | 0                                                  |   | 7,280,884                                             |   | 14,922    |   | 7,280,884                       |   | 7,295,806  |   | 881,535                       |   | 12/98 |   | 12/97 |   | 5-27.5 |   |
| SUMNER HOUSE                 |   | 1,122,346        |   | 62,370                      |   | 3,451,950                                          |   | 0                                                     |   | 62,370    |   | 3,451,950                       |   | 3,514,320  |   | 384,715                       |   | 07/98 |   | 01/98 |   | 5-27.5 |   |
| TERRACEVIEW APTS             |   | 718,485          |   | 16,900                      |   | 1,612,988                                          |   | 24,900                                                |   | 16,900    |   | 1,637,888                       |   | 1,654,788  |   | 267,766                       |   | 10/97 |   | 07/97 |   | 5-27.5 |   |
| TILGHMAN SQ LP               |   | 782,981          |   | 60,314                      |   | 1,108,725                                          |   | 6,366                                                 |   | 60,314    |   | 1,115,091                       |   | 1,175,405  |   | 187,865                       |   | 10/97 |   | 11/97 |   | 5-27.5 |   |
| WELLSTON VILLAGE             |   | 373,886          |   | 12,500                      |   | 412,617                                            |   | 106,366                                               |   | 12,500    |   | 518,983                         |   | 531,483    |   | 81,985                        |   | 08/97 |   | 04/97 |   | 5-27.5 |   |
| WEST MEMHIS (CLUBVIEW)       |   | 2,979,850        |   | 481,388                     |   | 7,259,784                                          |   | 213,903                                               |   | 481,388   |   | 7,473,687                       |   | 7,955,075  |   | 1,584,510                     |   | 11/96 |   | 12/97 |   | 5-27.5 |   |
| YALE VILLAGE                 |   | 197,545          |   | 12,500                      |   | 238,542                                            |   | 119,139                                               |   | 12,500    |   | 357,681                         |   | 370,181    |   | 65,503                        |   | 07/98 |   | 02/98 |   | 5-27.5 |   |
|                         |   |             |   |                        |   |                                               |   |                                                  |   |      |   |                            |   |       |   |                          |   |   |   |   |   |   |   |
|                         |   | 44,313,867       |   | 4,280,208                   |   | 57,466,070                                         |   | 28,064,915                                            |   | 5,513,936 |   | 85,530,985                      |   | 91,044,921 |   | 11,966,723                    |   |   |   |   |   |   |   |

 

Since the Operating Partnershipsmaintain a calendar year end the information reported on this schedule is as ofDecember 31, 2001.

There were no carrying costs asof December 31, 2001.  The column hasbeen omitted for presentation purposes.

 

F-255

----

 

Notesto Schedule III

BostonCapital Tax Credit Fund IV LP - Series 28

 

Reconciliation of Land, Building& Improvements  current year changes

 
| Balance at  beginning of period - 4/1/96                         |   |       |      | $      | 0          |   |
|------------------------------------------------------------------|--------|------------|-----------|--------|------------|--------|
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 647,230    |      |   |       |
| Improvements,  etc                                               |   | 0          |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 647,230    |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/97                            |   |       |      | $      | 647,230    |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 45,106,975 |      |   |       |
| Improvements,  etc                                               |   | 0          |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 45,106,975 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/98                            |   |       |      | $      | 45,754,205 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 15,992,073 |      |   |       |
| Improvements,  etc                                               |   | 19,183,519 |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 35,175,592 |   |
| Deductions during  period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 80,929,797 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 9,620,933  |      |   |       |
| Improvements,  etc                                               |   | 0          |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 9,620,933  |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 90,550,730 |   |
|                                                             |   |       |      |   |       |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 312,027    |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 312,027    |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 90,862,757 |   |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 182,164    |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 182,164    |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 91,044,921 |   |
|                                                             |   |       |      |   |       |
| Reconciliation  of Accumulated Depreciation current year changes |   |       |      |   |       |
|                                                             |   |       |      |   |       |
| Balance at  beginning of period - 4/1/96                         |   |       |      | $      | 0          |   |
| Current year  expense                                            |   | $          | 8,223     |   |       |   |
| Balance at  close of period - 3/31/97                            |   |       |      | $      | 8,223      |   |
| Current year  expense                                            |   | $          | 1,264,549 |   |       |   |
| Balance at  close of period - 3/31/98                            |   |       |      | $      | 1,272,772  |   |
| Current year  expense                                            |   | $          | 1,834,970 |   |       |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 3,107,742  |   |
| Current year  expense                                            |   | $          | 2,674,330 |   |       |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 5,782,072  |   |
| Current year  expense                                            |   | $          | 3,196,013 |   |       |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 8,978,085  |   |
| Current year  expense                                            |   | $          | 2,988,638 |   |       |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 11,966,723 |   |

 

F-256

----

 

Boston CapitalTax Credit Fund II Limited Partnership - Series 29Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002

 
|                |   |             |   | **Initial cost to company** |   | **Cost capitalized  subsequent to  acquisition** |   | **Gross amount at which carried  at close of period** |   |      |   |                            |   |       |   |                          |   |
|---------------------|--------|------------------|--------|-----------------------------|--------|--------------------------------------------------|--------|-------------------------------------------------------|--------|-----------|--------|---------------------------------|--------|------------|--------|-------------------------------|--------|
| **Description**     |   | **Encumbrances** |   | **Land**                    |   | **Buildings and  improvements**                  |   | **Improvements**                                      |   | **Land**  |   | **Buildings and  Improvements** |   | **Total**  |   | **Accumulated  depreciation** |   | **Date of  construction** |   | **Date  acquired** |   | **Life on which  depreciation  is computed** |   |
| BARRINGTON COVE     |   | 2,056,615        |   | 183,750                     |   | 6,403,281                                        |   | 25,136                                                |   | 183,700   |   | 6,428,417                       |   | 6,612,117  |   | 1,079,367                     |   | 05/97 |   | 04/97 |   | 5-39 |   |
| BRYSON APTS         |   | 382,347          |   | 10,728                      |   | 269,886                                          |   | 257,535                                               |   | 10,728    |   | 527,421                         |   | 538,149    |   | 80,015                        |   | 01/98 |   | 08/97 |   | 5-27.5 |   |
| COLLINS HOUSING     |   | 680,779          |   | 22,500                      |   | 370,580                                          |   | 508,821                                               |   | 22,500    |   | 879,401                         |   | 901,901    |   | 122,079                       |   | 06/98 |   | 09/97 |   | 5-27.5 |   |
| DOGWOOD RURAL ASSOC |   | 1,367,104        |   | 56,332                      |   | 1,616,052                                        |   | 478,806                                               |   | 56,332    |   | 2,094,858                       |   | 2,151,190  |   | 213,502                       |   | 05/99 |   | 10/98 |   | 5-27.5 |   |
| EDGEWOOD EST        |   | 1,978,174        |   | 283,199                     |   | 3,951,368                                        |   | 0                                                     |   | 283,199   |   | 3,951,368                       |   | 4,234,567  |   | 424,890                       |   | 09/98 |   | 03/98 |   | 5-27.5 |   |
| EMERALD TRACE       |   | 1,319,333        |   | 43,548                      |   | 0                                                |   | 2,658,982                                             |   | 43,548    |   | 2,658,982                       |   | 2,702,530  |   | 220,467                       |   | 04/99 |   | 08/98 |   | 5-27.5 |   |
| FORREST HILL APTS   |   | 2,897,605        |   | 191,250                     |   | 0                                                |   | 5,516,703                                             |   | 221,250   |   | 5,516,703                       |   | 5,737,953  |   | 452,295                       |   | 11/98 |   | 07/97 |   | 5-27.5 |   |
| GLENBROOK APTS      |   | 507,604          |   | 4,606                       |   | 674,111                                          |   | 14,820                                                |   | 4,606     |   | 688,931                         |   | 693,537    |   | 110,936                       |   | 03/97 |   | 12/97 |   | 5-27.5 |   |
| HARBOR POINTE       |   | 1,552,320        |   | 280,000                     |   | 5,672,581                                        |   | 112,232                                               |   | 280,000   |   | 5,784,813                       |   | 6,064,813  |   | 390,832                       |   | 10/99 |   | 12/97 |   | 5-40 |   |
| JACKSBORO APTS      |   | 600,002          |   | 31,893                      |   | 268,583                                          |   | 496,785                                               |   | 31,893    |   | 765,368                         |   | 797,261    |   | 120,260                       |   | 01/98 |   | 12/97 |   | 5-27.5 |   |
| JACKSON PARTNERS    |   | 5,640,000        |   | 300,067                     |   | 6,039,223                                        |   | 3,562,603                                             |   | 315,352   |   | 9,601,826                       |   | 9,917,178  |   | 1,487,492                     |   | 06/98 |   | 12/96 |   | 5-27.5 |   |
| KIEHL PARTNERS      |   | 9,200,000        |   | 747,825                     |   | 9,410,576                                        |   | 3,829,286                                             |   | 747,825   |   | 13,239,862                      |   | 13,987,687 |   | 1,536,621                     |   | 06/99 |   | 02/98 |   | 5-27.5 |   |
| LOMBARD PARTNERS    |   | 975,293          |   | 25,000                      |   | 1,470,259                                        |   | 0                                                     |   | 25,000    |   | 1,470,259                       |   | 1,495,259  |   | 195,136                       |   | 07/98 |   | 10/98 |   | 5-27.5 |   |
| LUTKIN BAYOU ASSOC  |   | 822,161          |   | 25,000                      |   | 878,839                                          |   | 61,694                                                |   | 25,000    |   | 940,533                         |   | 965,533    |   | 126,852                       |   | 06/97 |   | 11/97 |   | 5-27.5 |   |
| THE LINCOLN HOTEL   |   | 797,847          |   | 0                           |   | 1,454,115                                        |   | 105,720                                               |   | 0         |   | 1,559,835                       |   | 1,559,835  |   | 226,509                       |   | 07/97 |   | 02/97 |   | 5-27.5 |   |
| NORTHFIELD APTS III |   | 4,250,000        |   | 200,613                     |   | 5,814,532                                        |   | 1,152,907                                             |   | 214,213   |   | 6,967,439                       |   | 7,181,652  |   | 1,181,103                     |   | 02/98 |   | 12/96 |   | 5-27.5 |   |
| NORTHWAY DRIVE      |   | 1,516,830        |   | 280,849                     |   | 1,480                                            |   | 4,794,044                                             |   | 280,849   |   | 4,795,524                       |   | 5,076,373  |   | 494,225                       |   | 03/98 |   | 04/97 |   | 5-45 |   |
| OZARK ASSOC         |   | 456,431          |   | 13,750                      |   | 511,269                                          |   | 36,247                                                |   | 13,750    |   | 547,516                         |   | 561,266    |   | 76,329                        |   | 07/97 |   | 10/97 |   | 5-27.5 |   |
| PALMETTO PLACE      |   | 1,100,303        |   | 56,000                      |   | 0                                                |   | 2,106,692                                             |   | 12,000    |   | 2,106,692                       |   | 2,118,692  |   | 169,523                       |   | 04/99 |   | 10/98 |   | 5-27.5 |   |
| POPLARVILLE APTS    |   | 393,267          |   | 12,000                      |   | 406,502                                          |   | 31,608                                                |   | 12,000    |   | 438,110                         |   | 450,110    |   | 58,760                        |   | 07/97 |   | 10/97 |   | 5-27.5 |   |
| RHOME APTS          |   | 511,697          |   | 8,313                       |   | 675,804                                          |   | 4,917                                                 |   | 8,313     |   | 680,721                         |   | 689,034    |   | 111,572                       |   | 07/97 |   | 12/97 |   | 5-27.5 |   |
| WESTFIELD APTS      |   | 794,275          |   | 49,748                      |   | 1,773,153                                        |   | 0                                                     |   | 49,748    |   | 1,773,153                       |   | 1,822,901  |   | 201,755                       |   | 08/98 |   | 11/97 |   | 5-27.5 |   |
|                |   |             |   |                        |   |                                             |   |                                                  |   |      |   |                            |   |       |   |                          |   |   |   |   |   |   |   |
|                |   | 39,799,987       |   | 2,826,971                   |   | 47,662,194                                       |   | 25,755,538                                            |   | 2,841,806 |   | 73,417,732                      |   | 76,259,538 |   | 9,080,520                     |   |   |   |   |   |   |   |
|                     |        |                  |        |                             |        |                                                  |        |                                                       |        |           |        |                                 |        |            |        |                               |        |  |  |  |  |  |  |  |

 

Since the Operating Partnershipsmaintain a calendar year end the information reported on this schedule is as ofDecember 31, 2001.

There were no carrying costs asof December 31, 2001.  The column hasbeen omitted for presentation purposes.

 

F-257

----

 

Notes to Schedule III

Boston Capital Tax Credit Fund IVLP - Series 29

 

Reconciliation of Land, Building& Improvements current year changes

 
| Balance at  beginning of period - 4/1/97                         |   |       |      | $      | 0          |   |
|------------------------------------------------------------------|--------|------------|-----------|--------|------------|--------|
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 25,053,524 |      |   |       |
| Improvements,  etc                                               |   | 0          |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 25,053,524 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/98                            |   |       |      | $      | 25,053,524 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 19,483,060 |      |   |       |
| Improvements,  etc                                               |   | 16,333,428 |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 35,816,488 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 60,870,012 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 5,952,581  |      |   |       |
| Improvements,  etc                                               |   | 9,065,633  |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 15,018,214 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 75,888,226 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 191,162    |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 191,162    |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 76,079,388 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 180,150    |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 180,150    |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 76,259,538 |   |
|                                                             |   |       |      |   |       |
| Reconciliation  of Accumulated Depreciation current year changes |   |       |      |   |       |
|                                                             |   |       |      |   |       |
| Balance at  beginning of period - 4/1/97                         |   |       |      | $      | 0          |   |
| Current year  expense                                            |   | $          | 271,480   |   |       |   |
| Balance at  close of period - 3/31/98                            |   |       |      | $      | 271,480    |   |
| Current year  expense                                            |   | $          | 1,330,842 |   |       |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 1,602,322  |   |
| Current year  expense                                            |   | $          | 2,247,040 |   |       |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 3,849,362  |   |
| Current year  expense                                            |   | $          | 2,630,360 |   |       |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 6,479,722  |   |
| Current year  expense                                            |   | $          | 2,600,798 |   |       |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 9,080,520  |   |

 

F-258

----

 

Boston CapitalTax Credit Fund IV LP - Series 30Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002

 
|                     |   |             |   | **Initial cost to company** |   | **Cost capitalized  subsequent to  acquisition** |   | **Gross amount at which carried  at close of period** |   |      |   |                            |   |       |   |                          |   |
|--------------------------|--------|------------------|--------|-----------------------------|--------|--------------------------------------------------|--------|-------------------------------------------------------|--------|-----------|--------|---------------------------------|--------|------------|--------|-------------------------------|--------|
| **Description**          |   | **Encumbrances** |   | **Land**                    |   | **Buildings and  improvements**                  |   | **Improvements**                                      |   | **Land**  |   | **Buildings and  Improvements** |   | **Total**  |   | **Accumulated  depreciation** |   | **Date of  construction** |   | **Date  acquired** |   | **Life on which  depreciation  computed** |   |
| BELLWOOD FOUR            |   | 703,040          |   | 45,000                      |   | 676,598                                          |   | 704,456                                               |   | 45,000    |   | 1,381,054                       |   | 1,426,054  |   | 211,393                       |   | 05/98 |   | 09/97 |   | 5-27.5 |   |
| BOWIE APTS               |   | 1,116,907        |   | 32,714                      |   | 267,955                                          |   | 1,199,999                                             |   | 32,714    |   | 1,467,954                       |   | 1,500,668  |   | 192,959                       |   | 10/98 |   | 08/97 |   | 5-27.5 |   |
| BYAM LP                  |   | 1,169,920        |   | 185,000                     |   | 2,261,674                                        |   | (28,934                                               | )      | 185,000   |   | 2,232,740                       |   | 2,417,740  |   | 261,896                       |   | 02/98 |   | 02/97 |   | 5-27.5 |   |
| CVVA LP                  |   | 1,544,445        |   | 60,000                      |   | 1,250,961                                        |   | 683,406                                               |   | 60,000    |   | 1,934,367                       |   | 1,994,367  |   | 262,985                       |   | 10/99 |   | 03/98 |   | 5-27.5 |   |
| EMERALD TRACE II         |   | 411,468          |   | 20,500                      |   | 1,322,164                                        |   | 0                                                     |   | 20,500    |   | 1,322,164                       |   | 1,342,664  |   | 114,923                       |   | 12/98 |   | 07/98 |   | 5-27.5 |   |
| FVA LP                   |   | 890,644          |   | 36,000                      |   | 668,440                                          |   | 426,716                                               |   | 36,000    |   | 1,095,156                       |   | 1,131,156  |   | 100,804                       |   | 07/99 |   | 03/98 |   | 5-27.5 |   |
| GRAHAM   APARTMENTS |   | 1,518,562        |   | 45,563                      |   | 366,387                                          |   | 1,485,940                                             |   | 45,563    |   | 1,852,327                       |   | 1,897,890  |   | 273,849                       |   | 09/98 |   | 08/97 |   | 5-27.5 |   |
| HILLSIDE TERRACE         |   | 1,803,744        |   | 369,421                     |   | 4,812,286                                        |   | 1,651,039                                             |   | 330,000   |   | 6,463,325                       |   | 6,793,325  |   | 298,042                       |   | 07/00 |   | 04/99 |   | 12/40 |   |
| JEFFRIES ASSOC           |   | 1,466,244        |   | 62,000                      |   | 1,662,694                                        |   | 459,614                                               |   | 62,000    |   | 2,122,308                       |   | 2,184,308  |   | 194,760                       |   | 05/99 |   | 10/98 |   | 5-27.5 |   |
| JMC LIMITED LIABILITY    |   | 782,129          |   | 50,000                      |   | 0                                                |   | 1,711,213                                             |   | 11,000    |   | 1,711,213                       |   | 1,722,213  |   | 174,549                       |   | 03/98 |   | 08/97 |   | 5-27.5 |   |
| KGVA LP                  |   | 1,870,544        |   | 112,000                     |   | 1,697,834                                        |   | 639,638                                               |   | 112,000   |   | 2,337,472                       |   | 2,449,472  |   | 267,592                       |   | 02/99 |   | 03/98 |   | 5-27.5 |   |
| LINDEN PARTERS           |   | 926,617          |   | 4,848                       |   | 1,819,922                                        |   | 0                                                     |   | 4,848     |   | 1,819,922                       |   | 1,824,770  |   | 140,847                       |   | 06/99 |   | 07/98 |   | 7-40 |   |
| MADISON PTRS LP          |   | 1,629,674        |   | 314,510                     |   | 788,736                                          |   | 4,607,047                                             |   | 322,023   |   | 5,395,783                       |   | 5,717,806  |   | 705,896                       |   | 03/99 |   | 11/97 |   | 5-27.5 |   |
| MESA GRANDE              |   | 1,974,130        |   | 0                           |   | 4,153,914                                        |   | 31,697                                                |   | 117,000   |   | 4,185,611                       |   | 4,302,611  |   | 329,185                       |   | 12/98 |   | 02/98 |   | 5-27.5 |   |
| MILLWOOD                 |   | 8,291,842        |   | 892,181                     |   | 0                                                |   | 11,502,980                                            |   | 869,681   |   | 11,502,980                      |   | 12,372,661 |   | 722,216                       |   | 11/99 |   | 12/98 |   | 10-40 |   |
| NOCONA APTS              |   | 828,909          |   | 15,651                      |   | 207,520                                          |   | 902,270                                               |   | 15,651    |   | 1,109,790                       |   | 1,125,441  |   | 132,131                       |   | 12/98 |   | 08/97 |   | 5-27.5 |   |
| PYRAMID ONE              |   | 654,628          |   | 100,000                     |   | 1,445,832                                        |   | 1,125                                                 |   | 100,000   |   | 1,446,957                       |   | 1,546,957  |   | 140,952                       |   | 11/99 |   | 04/99 |   | 5-27.5 |   |
| SUNRISE HOMES            |   | 775,825          |   | 0                           |   | 2,679,914                                        |   | 209,755                                               |   | 134,259   |   | 2,889,669                       |   | 3,023,928  |   | 226,393                       |   | 12/98 |   | 02/98 |   | 5-27.5 |   |
| TRINITY LIFE GARDENS     |   | 1,302,418        |   | 65,575                      |   | 2,309,061                                        |   | 902,233                                               |   | 60,000    |   | 3,211,294                       |   | 3,271,294  |   | 356,429                       |   | 12/99 |   | 04/99 |   | 5-27.5 |   |
| WEST SWANZEY             |   | 617,771          |   | 94,900                      |   | 2,010,096                                        |   | 54,366                                                |   | 94,900    |   | 2,064,462                       |   | 2,159,362  |   | 245,427                       |   | 02/98 |   | 07/97 |   | 5-27.5 |   |
|                     |   |             |   |                        |   |                                             |   |                                                  |   |      |   |                            |   |       |   |                          |   |   |   |   |   |   |   |
|                     |   | 30,279,461       |   | 2,505,863                   |   | 30,401,988                                       |   | 27,144,560                                            |   | 2,658,139 |   | 57,546,548                      |   | 60,204,687 |   | 5,353,228                     |   |   |   |   |   |   |   |

 

Since the Operating Partnershipsmaintain a calendar year end the information reported on this schedule is as ofDecember 31, 2001.

There were no carrying costs asof December 31, 2001.  The column hasbeen omitted for presentation purposes.

 

F-259

----

 

Notes to Schedule III

Boston Capital Tax Credit Fund IVLP - Series 30

 

Reconciliation of Land, Building& Improvements current year changes

 
| Balance at  beginning of period - 4/1/97                         |   |       |      | $      | 0          |   |
|------------------------------------------------------------------|--------|------------|-----------|--------|------------|--------|
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 7,362,304  |      |   |       |
| Improvements,  etc                                               |   | 0          |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 7,362,304  |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/98                            |   |       |      | $      | 7,362,304  |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 14,618,602 |      |   |       |
| Improvements,  etc                                               |   | 9,868,994  |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 24,487,596 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 31,849,900 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 9,102,175  |      |   |       |
| Improvements,  etc                                               |   | 16,227,330 |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 25,329,505 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 57,179,405 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 2,489,235  |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 2,489,235  |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 59,668,640 |   |
|                                                             |   |       |      |   |       |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 536,047    |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 536,047    |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 60,204,687 |   |
|                                                             |   |       |      |   |       |
| Reconciliation  of Accumulated Depreciation current year changes |   |       |      |   |       |
|                                                             |   |       |      |   |       |
| Balance at  beginning of period - 4/1/97                         |   |       |      | $      | 0          |   |
| Current year  expense                                            |   | $          | 49,478    |   |       |   |
| Balance at  close of period - 3/31/98                            |   |       |      | $      | 49,478     |   |
| Current year  expense                                            |   | $          | 463,672   |   |       |   |
| Balance at close  of period - 3/31/99                            |   |       |      | $      | 513,150    |   |
| Current year  expense                                            |   | $          | 945,532   |   |       |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 1,458,682  |   |
| Current year  expense                                            |   | $          | 1,631,321 |   |       |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 3,090,003  |   |
| Current year  expense                                            |   | $          | 2,263,225 |   |       |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 5,353,228  |   |

 

F-260

----

 

Boston Capital Tax Credit Fund IVLP-Series 31Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002

 
|                       |   |             |   | **Initial cost to company** |   | **Cost capitalized subsequent to acquisition** |   | **Gross amount at which carried at close of period** |   |      |   |                           |   |       |   |                         |   |
|----------------------------|--------|------------------|--------|-----------------------------|--------|------------------------------------------------|--------|------------------------------------------------------|--------|-----------|--------|--------------------------------|--------|------------|--------|------------------------------|--------|
| **Description**            |   | **Encumbrances** |   | **Land**                    |   | **Buildings and improvements**                 |   | **Improvements**                                     |   | **Land**  |   | **Buildings and improvements** |   | **Total**  |   | **Accumulated depreciation** |   | **Date of construction** |   | **Date acquired** |   | **Life on which depreciation  is computed** |   |
| BRITTNEY SQUARE            |   | 626,354          |   | 247,000                     |   | 1,280,705                                      |   | 0                                                    |   | 247,000   |   | 1,280,705                      |   | 1,527,705  |   | 116,599                      |   | 07/98 |   | 07/98 |   | 5-27.5 |   |
| CANTON HOUSING I           |   | 2,239,812        |   | 99,900                      |   | 2,245,160                                      |   | 609,420                                              |   | 99,900    |   | 2,854,580                      |   | 2,954,480  |   | 423,265                      |   | 07/98 |   | 11/97 |   | 5-27.5 |   |
| CANTON HOUSING II          |   | 1,132,530        |   | 66,920                      |   | 1,023,746                                      |   | 294,623                                              |   | 66,920    |   | 1,318,369                      |   | 1,385,289  |   | 200,822                      |   | 07/98 |   | 11/97 |   | 5-27.5 |   |
| CANTON HOUSING III         |   | 838,932          |   | 38,205                      |   | 799,913                                        |   | 230,478                                              |   | 38,205    |   | 1,030,391                      |   | 1,068,596  |   | 153,445                      |   | 07/98 |   | 11/97 |   | 5-27.5 |   |
| CANTON HOUSING IV          |   | 812,778          |   | 40,500                      |   | 784,923                                        |   | 218,127                                              |   | 40,500    |   | 1,003,050                      |   | 1,043,550  |   | 152,669                      |   | 07/98 |   | 11/97 |   | 5-27.5 |   |
| CLEVELAND PTRS             |   | 1,578,799        |   | 244,500                     |   | 1,941,969                                      |   | 3,474,539                                            |   | 265,000   |   | 5,416,508                      |   | 5,681,508  |   | 821,103                      |   | 06/98 |   | 11/97 |   | 5-27.5 |   |
| DOUBLE SPRINGS             |   | 393,627          |   | 157,000                     |   | 960,378                                        |   | 505,494                                              |   | 157,000   |   | 1,465,872                      |   | 1,622,872  |   | 127,123                      |   | 03/99 |   | 09/98 |   | 5-27.5 |   |
| EAGLE’S RIDGE TERRACE |   | 1,824,969        |   | 63,200                      |   | 508,815                                        |   | 1,871,452                                            |   | 63,200    |   | 2,380,267                      |   | 2,443,467  |   | 252,016                      |   | 05/98 |   | 12/97 |   | 5-27.5 |   |
| ELLISVILLE LP              |   | 661,754          |   | 31,000                      |   | 723,650                                        |   | 167,616                                              |   | 31,000    |   | 891,266                        |   | 922,266    |   | 96,301                       |   | 06/98 |   | 12/97 |   | 5-27.5 |   |
| G.A.V.A. LP                |   | 718,661          |   | 35,500                      |   | 616,645                                        |   | 274,109                                              |   | 35,500    |   | 890,754                        |   | 926,254    |   | 89,236                       |   | 02/99 |   | 03/98 |   | 5-27.5 |   |
| HATTIESBURG LP             |   | 827,365          |   | 15,000                      |   | 979,143                                        |   | 201,920                                              |   | 15,000    |   | 1,181,063                      |   | 1,196,063  |   | 122,295                      |   | 06/98 |   | 12/97 |   | 5-27.5 |   |
| HENDERSON TERRACE          |   | 522,834          |   | 22,000                      |   | 221,549                                        |   | 471,083                                              |   | 22,000    |   | 692,632                        |   | 714,632    |   | 68,889                       |   | 09/98 |   | 11/97 |   | 5-27.5 |   |
| HERITAGE I                 |   | 888,060          |   | 46,000                      |   | 522,601                                        |   | 830,209                                              |   | 46,014    |   | 1,352,810                      |   | 1,398,824  |   | 171,722                      |   | 05/98 |   | 10/97 |   | 5-27.5 |   |
| HURRICANE HILLS            |   | 781,674          |   | 121,171                     |   | 3,086,025                                      |   | 12,332                                               |   | 121,171   |   | 3,098,357                      |   | 3,219,528  |   | 342,430                      |   | 08/98 |   | 09/97 |   | 5-27.5 |   |
| LAKEVIEW LITTLE ELM        |   | 446,156          |   | 28,750                      |   | 255,929                                        |   | 320,939                                              |   | 28,750    |   | 576,868                        |   | 605,618    |   | 72,074                       |   | 01/99 |   | 11/97 |   | 5-27.5 |   |
| LEVEL CREEK                |   | 12,790,000       |   | 1,120,908                   |   | 0                                              |   | 13,496,540                                           |   | 1,120,908 |   | 13,496,540                     |   | 14,617,448 |   | 2,184,078                    |   | 05/99 |   | 05/98 |   | 5-27.5 |   |
| MESQUITE TRAILS            |   | 684,905          |   | 10,860                      |   | 240,143                                        |   | 708,972                                              |   | 10,860    |   | 949,115                        |   | 959,975    |   | 115,237                      |   | 11/98 |   | 11/97 |   | 5-27.5 |   |
| MONFORT HOUSING            |   | 3,720,918        |   | 436,143                     |   | 2,661,689                                      |   | 1,561,505                                            |   | 436,143   |   | 4,223,194                      |   | 4,659,337  |   | 472,952                      |   | 10/98 |   | 09/97 |   | 5-27.5 |   |
| N.M.V.A.  LP          |   | 861,611          |   | 44,114                      |   | 679,817                                        |   | 401,449                                              |   | 44,114    |   | 1,081,266                      |   | 1,125,380  |   | 104,484                      |   | 04/99 |   | 03/98 |   | 5-27.5 |   |
| PILOT POINT LP             |   | 769,175          |   | 65,570                      |   | 339,377                                        |   | 602,440                                              |   | 65,570    |   | 941,817                        |   | 1,007,387  |   | 115,995                      |   | 02/99 |   | 11/97 |   | 5-27.5 |   |
| RIVERBEND APTS             |   | 784,261          |   | 201,961                     |   | 0                                              |   | 2,494,490                                            |   | 201,961   |   | 2,494,490                      |   | 2,696,451  |   | 238,333                      |   | 07/98 |   | 10/97 |   | 5-27.5 |   |
| SAN ANGELO BENT TREE       |   | 2,671,787        |   | 294,023                     |   | 0                                              |   | 6,596,124                                            |   | 300,841   |   | 6,596,124                      |   | 6,896,965  |   | 516,004                      |   | 07/99 |   | 12/97 |   | 5-27.5 |   |
| SEAGRAVES APTS             |   | 454,287          |   | 25,200                      |   | 537,944                                        |   | 0                                                    |   | 25,200    |   | 537,944                        |   | 563,144    |   | 27,767                       |   | 05/00 |   | 09/00 |   | 5-27.5 |   |
| SENCIT HAMPDEN             |   | 2,158,615        |   | 307,860                     |   | 0                                              |   | 5,088,365                                            |   | 307,860   |   | 5,088,365                      |   | 5,396,225  |   | 436,377                      |   | 09/98 |   | 10/97 |   | 7-40 |   |
| SILVER CREEK               |   | 3,358,756        |   | 175,000                     |   | 0                                              |   | 9,018,874                                            |   | 175,000   |   | 9,018,874                      |   | 9,193,874  |   | 785,915                      |   | 08/99 |   | 03/98 |   | 5-27.5 |   |
| SUMMERDALE PTRS            |   | 3,752,139        |   | 420,540                     |   | 1,386,000                                      |   | 4,968,633                                            |   | 271,620   |   | 6,354,633                      |   | 6,626,253  |   | 519,712                      |   | 04/99 |   | 12/98 |   | 5-27.5 |   |
| WINDSOR PARK PTRS          |   | 7,500,000        |   | 248,000                     |   | 5,105,823                                      |   | 7,523,548                                            |   | 269,011   |   | 12,629,371                     |   | 12,898,382 |   | 1,649,609                    |   | 03/99 |   | 11/97 |   | 5-27.5 |   |
|                       |   |             |   |                        |   |                                           |   |                                                 |   |      |   |                           |   |       |   |                         |   |   |   |   |   |   |   |
|                       |   | 53,800,759       |   | 4,606,825                   |   | 26,901,945                                     |   | 61,943,280                                           |   | 4,506,248 |   | 88,845,225                     |   | 93,351,473 |   | 10,376,452                   |   |   |   |   |   |   |   |

 

Since the Operating Partnershipsmaintain a calendar year end the information reported on this schedule is as ofDecember 31, 2001.

There were no carrying costs asof December 31, 2001.  The column hasbeen omitted for presentation purposes.

 

F-261

----

 

Notes to Schedule III

Boston Capital Tax Credit Fund IVLP - Series 31

 

Reconciliation of Land, Building& Improvements current year changes

 
| Balance at  beginning of period - 4/1/97                         |   |       |      | $      | 0          |   |
|------------------------------------------------------------------|--------|------------|-----------|--------|------------|--------|
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 20,789,823 |      |   |       |
| Improvements,  etc                                               |   | 0          |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 20,789,823 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/98                            |   |       |      | $      | 20,789,823 |   |
| Additions during  period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 10,155,803 |      |   |       |
| Improvements,  etc                                               |   | 23,622,080 |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 33,777,883 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 54,567,706 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 37,773,041 |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 37,773,041 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 92,340,747 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 561,718    |      |   |       |
| Improvements,  etc                                               |   | 171,433    |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 733,151    |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 93,073,898 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 277,575    |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 277,575    |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 93,351,473 |   |
|                                                             |   |       |      |   |       |
| Reconciliation  of Accumulated Depreciation current year changes |   |       |      |   |       |
|                                                             |   |       |      |   |       |
| Balance at  beginning of period - 4/1/97                         |   |       |      | $      | 0          |   |
| Current year  expense                                            |   | $          | 41,619    |   |       |   |
| Balance at  close of period - 3/31/98                            |   |       |      | $      | 41,619     |   |
| Current year  expense                                            |   | $          | 973,901   |   |       |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 1,015,520  |   |
| Current year  expense                                            |   | $          | 2,743,105 |   |       |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 3,758,625  |   |
| Current year  expense                                            |   | $          | 3,363,318 |   |       |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 7,121,943  |   |
| Current year  expense                                            |   | $          | 3,254,509 |   |       |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 10,376,452 |   |

 

F-262

----

 

Boston CapitalTax Credit Fund IV LP - Series 32Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002

 
|                             |   |             |   | **Initial cost to company** |   | **Cost capitalized  subsequent to  acquisition** |   | **Gross amount at which carried  at close of period** |   |      |   |                            |   |       |   |                          |   |
|----------------------------------|--------|------------------|--------|-----------------------------|--------|--------------------------------------------------|--------|-------------------------------------------------------|--------|-----------|--------|---------------------------------|--------|------------|--------|-------------------------------|--------|
| **Description**                  |   | **Encumbrances** |   | **Land**                    |   | **Buildings and  improvements**                  |   | **Improvements**                                      |   | **Land**  |   | **Buildings and  Improvements** |   | **Total**  |   | **Accumulated  depreciation** |   | **Date of  construction** |   | **Date  acquired** |   | **Life on which  depreciation computed** |   |
| 200 EAST AVENUE                  |   | 9,154,670        |   | 61,000                      |   | 7,896,816                                        |   | 2,369,019                                             |   | 61,000    |   | 10,265,835                      |   | 10,326,835 |   | 677,389                       |   | 07/00 |   | 01/99 |   | 12-40 |   |
| ATHENS PARTNERS                  |   | 1,199,088        |   | 327,639                     |   | 2,978,391                                        |   | 2,178,487                                             |   | 342,639   |   | 5,156,878                       |   | 5,499,517  |   | 614,218                       |   | 06/99 |   | 10/98 |   | 5/27.5 |   |
| CHARDONNAY LP                    |   | 77,888           |   | 5,200                       |   | 586,804                                          |   | 26,797                                                |   | 5,200     |   | 613,601                         |   | 618,801    |   | 117,989                       |   | 01/97 |   | 01/98 |   | 5-27.5 |   |
| COGIC VILLAGE                    |   | 2,406,922        |   | 115,000                     |   | 0                                                |   | 8,689,057                                             |   | 115,000   |   | 8,689,057                       |   | 8,804,057  |   | 1,281,874                     |   | 07/99 |   | 04/98 |   | 5-27.5 |   |
| COURTSIDE                        |   | 903,154          |   | 146,529                     |   | 2,820,490                                        |   | 0                                                     |   | 146,529   |   | 2,820,490                       |   | 2,967,019  |   | 329,535                       |   | 07/98 |   | 06/98 |   | 7-40 |   |
| FFLM ASSOC                       |   | 7,594,997        |   | 1,359,240                   |   | 12,454,121                                       |   | 2,512                                                 |   | 1,359,240 |   | 12,456,633                      |   | 13,815,873 |   | 3,311,864                     |   | 01/95 |   | 01/98 |   | 5-40 |   |
| GRANDA ROSE                      |   | 219,873          |   | 5,000                       |   | 271,347                                          |   | 0                                                     |   | 5,000     |   | 271,347                         |   | 276,347    |   | 10,642                        |   | 11/01 |   | 05/01 |   | 5-27.5 |   |
| INDIANA DEV   (CLEAR CREEK) |   | 1,611,547        |   | 55,000                      |   | 3,760,163                                        |   | (109,376                                              | )      | 55,000    |   | 3,650,787                       |   | 3,705,787  |   | 303,259                       |   | 09/99 |   | 07/98 |   | 5-27.5 |   |
| JACKSON BOND                     |   | 5,000,000        |   | 536,323                     |   | 952,071                                          |   | 6,791,555                                             |   | 536,323   |   | 7,743,626                       |   | 8,279,949  |   | 779,802                       |   | 12/99 |   | 07/98 |   | 5-27.5 |   |
| KEIST TOWNHOMES                  |   | 3,575,101        |   | 622,558                     |   | 0                                                |   | 12,152,728                                            |   | 622,558   |   | 12,152,728                      |   | 12,775,286 |   | 666,459                       |   | 12/99 |   | 11/98 |   | 10-40 |   |
| MARTINSVILLE I                   |   | 278,029          |   | 24,000                      |   | 0                                                |   | 1,095,639                                             |   | 52,000    |   | 1,095,639                       |   | 1,147,639  |   | 57,430                        |   | 02/00 |   | 08/99 |   | 5-40 |   |
| PARKSIDE PLAZA                   |   | 1,324,092        |   | 0                           |   | 0                                                |   | 4,105,396                                             |   | 0         |   | 4,105,396                       |   | 4,105,396  |   | 137,186                       |   | 05/01 |   | 07/99 |   | 5-27.5 |   |
| PECAN MANOR                      |   | 780,577          |   | 60,400                      |   | 1,961,002                                        |   | 160,953                                               |   | 60,400    |   | 2,121,955                       |   | 2,182,355  |   | 188,670                       |   | 10/98 |   | 07/98 |   | 5-27.5 |   |
| PEARL PARTNERS                   |   | 8,000,000        |   | 599,461                     |   | 2,248,687                                        |   | 9,235,006                                             |   | 615,788   |   | 11,483,693                      |   | 12,099,481 |   | 1,176,474                     |   | 12/99 |   | 06/98 |   | 5-27.5 |   |
| PEARLWOOD LP                     |   | 954,603          |   | 162,032                     |   | 2,099,724                                        |   | (300,770                                              | )      | 162,032   |   | 1,798,954                       |   | 1,960,986  |   | 262,410                       |   | 05/98 |   | 02/98 |   | 5-27.5 |   |
| PINE RIDGE                       |   | 799,811          |   | 88,220                      |   | 0                                                |   | 2,134,022                                             |   | 94,833    |   | 2,134,022                       |   | 2,228,855  |   | 180,537                       |   | 01/99 |   | 07/98 |   | 5-27.5 |   |
| PYRAMID IV LP                    |   | 921,989          |   | 99,500                      |   | 368,780                                          |   | 3,418,489                                             |   | 99,500    |   | 3,787,269                       |   | 3,886,769  |   | 261,365                       |   | 05/00 |   | 05/98 |   | 5-27.5 |   |
|                             |   |             |   |                        |   |                                             |   |                                                  |   |      |   |                            |   |       |   |                          |   |   |   |   |   |   |   |
|                             |   | 44,802,341       |   | 4,267,102                   |   | 38,398,396                                       |   | 51,949,514                                            |   | 4,333,042 |   | 90,347,910                      |   | 94,680,952 |   | 10,357,103                    |   |   |   |   |   |   |   |

 

Since the Operating Partnershipsmaintain a calendar year end the information reported on this schedule is as ofDecember 31, 2001.

There were no carrying costs asof December 31, 2001.  The column hasbeen omitted for presentation purposes.

 

F-263

----

 

Notes to Schedule III

Boston Capital Tax Credit Fund IVLP - Series 32

 

Reconciliation of Land, Building& Improvements current year changes

 
| Balance at  beginning of period - 4/1/98                         |   |       |      | $      | 0          |   |
|------------------------------------------------------------------|--------|------------|-----------|--------|------------|--------|
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 30,592,172 |      |   |       |
| Improvements,  etc                                               |   | 0          |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 30,592,172 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 30,592,172 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 11,796,979 |      |   |       |
| Improvements,  etc                                               |   | 42,439,868 |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 54,236,847 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 84,829,019 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other acquisitions                                               |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 4,887,087  |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 4,887,087  |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 89,716,106 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 276,347    |      |   |       |
| Improvements,  etc                                               |   | 4,688,499  |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 4,964,846  |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 94,680,952 |   |
|                                                             |   |       |      |   |       |
| Reconciliation  of Accumulated Depreciation current year changes |   |       |      |   |       |
|                                                             |   |       |      |   |       |
| Balance at  beginning of period - 4/1/98                         |   |       |      | $      | 0          |   |
| Current year  expense                                            |   | $          | 1,855,693 |   |       |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 1,855,693  |   |
| Current year  expense                                            |   | $          | 1,533,304 |   |       |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 3,388,997  |   |
| Current year  expense                                            |   | $          | 3,367,095 |   |       |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 6,756,092  |   |
| Current year  expense                                            |   | $          | 3,601,011 |   |       |   |
| Balance at close  of period - 3/31/02                            |   |       |      | $      | 10,357,103 |   |

 

F-264

----

 

Boston CapitalTax Credit Fund IV LP - Series 33Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002

 
|                   |   |             |   | **Initial cost to company** |   | **Cost capitalized  subsequent to  acquisition** |   | **Gross amount at which carried  at close of period** |   |      |   |                            |   |       |   |                          |   |
|------------------------|--------|------------------|--------|-----------------------------|--------|--------------------------------------------------|--------|-------------------------------------------------------|--------|-----------|--------|---------------------------------|--------|------------|--------|-------------------------------|--------|
| **Description**        |   | **Encumbrances** |   | **Land**                    |   | **Buildings and  improvements**                  |   | **Improvements**                                      |   | **Land**  |   | **Buildings and  Improvements** |   | **Total**  |   | **Accumulated  depreciation** |   | **Date of  construction** |   | **Date  acquired** |   | **Life on which  depreciation  computed** |   |
| BRADFORD GROUP         |   | 1,055,961        |   | 101,388                     |   | 0                                                |   | 2,695,584                                             |   | 101,388   |   | 2,695,584                       |   | 2,796,972  |   | 225,213                       |   | 09/99 |   | 10/98 |   | 5-27.5 |   |
| FFLM ASSOC.            |   | 7,594,997        |   | 1,359,240                   |   | 12,454,121                                       |   | 2,512                                                 |   | 1,359,240 |   | 12,456,633                      |   | 13,815,873 |   | 3,311,864                     |   | 01/95 |   | 01/98 |   | 5-40 |   |
| FOREST PARK            |   | 883,152          |   | 175,500                     |   | 0                                                |   | 2,156,764                                             |   | 175,500   |   | 2,156,764                       |   | 2,332,264  |   | 191,205                       |   | 01/99 |   | 07/98 |   | 5-27.5 |   |
| HARBOUR POINTE         |   | 1,554,989        |   | 280,000                     |   | 5,672,581                                        |   | 112,232                                               |   | 280,000   |   | 5,784,813                       |   | 6,064,813  |   | 390,832                       |   | 10/99 |   | 01/99 |   | 5-40 |   |
| KIEST TOWNHOMES        |   | 3,575,101        |   | 622,558                     |   | 0                                                |   | 12,152,728                                            |   | 622,558   |   | 12,152,728                      |   | 12,775,286 |   | 666,459                       |   | 12/99 |   | 08/98 |   | 10-40 |   |
| MERCHANT’S COURT  |   | 6,038,352        |   | 0                           |   | 0                                                |   | 13,295,023                                            |   | 1,069,682 |   | 13,295,023                      |   | 14,364,705 |   | 993,008                       |   | 12/99 |   | 10/98 |   | 10-40 |   |
| NHC #5                 |   | 3,087,360        |   | 387,045                     |   | 0                                                |   | 6,363,027                                             |   | 387,045   |   | 6,363,027                       |   | 6,750,072  |   | 923,695                       |   | 07/99 |   | 03/98 |   | 5-27.5 |   |
| NORTHROCK HOUSING      |   | 2,580,636        |   | 250,478                     |   | 1,356,518                                        |   | 3,304,851                                             |   | 250,478   |   | 4,661,369                       |   | 4,911,847  |   | 228,697                       |   | 05/00 |   | 05/99 |   | 10-40 |   |
| SOUTHAVEN              |   | 9,790,000        |   | 974,288                     |   | 1,815,504                                        |   | 10,687,540                                            |   | 999,288   |   | 12,503,044                      |   | 13,502,332 |   | 1,331,374                     |   | 12/99 |   | 10/98 |   | 5-27.5 |   |
| STEARNS ASSITED LIVING |   | 435,500          |   | 1                           |   | 0                                                |   | 2,934,502                                             |   | 1         |   | 2,934,502                       |   | 2,934,503  |   | 57,531                        |   | 3/01 |   | 12/99 |   | 5-27.5 |   |
|                   |   |             |   |                        |   |                                             |   |                                                  |   |      |   |                            |   |       |   |                          |   |   |   |   |   |   |   |
|                   |   | 36,596,048       |   | 4,150,498                   |   | 21,298,724                                       |   | 53,704,763                                            |   | 5,245,180 |   | 75,003,487                      |   | 80,248,667 |   | 8,319,878                     |   |   |   |   |   |   |   |

 

Since the Operating Partnershipsmaintain a calendar year end the information reported on this schedule is as ofDecember 31, 2001.

There were no carrying costs asof December 31, 2001.  The column hasbeen omitted for presentation purposes.

 

F-265

----

 

Notes to Schedule III

Boston Capital Tax Credit Fund IVLP - Series 33

 

Reconciliation of Land, Building& Improvements current year changes

 
| Balance at  beginning of period - 4/1/98                         |   |       |      | $      | 0          |   |
|------------------------------------------------------------------|--------|------------|-----------|--------|------------|--------|
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 17,889,644 |      |   |       |
| Improvements,  etc                                               |   | 0          |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 17,889,644 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 17,889,644 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 7,559,577  |      |   |       |
| Improvements,  etc                                               |   | 37,620,253 |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 45,179,830 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 63,069,474 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 13,783,067 |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 13,783,067 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real estate  sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 76,852,541 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 3,396,126  |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 3,396,126  |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 80,248,667 |   |
|                                                             |   |       |      |   |       |
| Reconciliation  of Accumulated Depreciation current year changes |   |       |      |   |       |
|                                                             |   |       |      |   |       |
| Balance at  beginning of period - 4/1/98                         |   |       |      | $      | 0          |   |
| Current year  expense                                            |   | $          | 1,694,284 |   |       |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 1,694,284  |   |
| Current year  expense                                            |   | $          | 1,033,967 |   |       |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 2,728,251  |   |
| Current year  expense                                            |   | $          | 2,717,698 |   |       |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 5,445,949  |   |
| Current year  expense                                            |   | $          | 2,873,929 |   |       |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 8,319,878  |   |

 

F-266

----

 

Boston Capital Tax Credit Fund IV LP - Series 34Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002

 
|                                    |   |             |   | **Initial cost to company** |   | **Cost capitalized  subsequent to  acquisition** |   | **Gross amount at which carried  at close of period** |   |      |   |                            |   |       |   |                          |   |
|-----------------------------------------|--------|------------------|--------|-----------------------------|--------|--------------------------------------------------|--------|-------------------------------------------------------|--------|-----------|--------|---------------------------------|--------|------------|--------|-------------------------------|--------|
| **Description**                         |   | **Encumbrances** |   | **Land**                    |   | **Buildings and  improvements**                  |   | **Improvements**                                      |   | **Land**  |   | **Buildings and  Improvements** |   | **Total**  |   | **Accumulated  depreciation** |   | **Date of  construction** |   | **Date  acquired** |   | **Life on which  depreciation  computed** |   |
| ABBEY RIDGE                             |   | 484,663          |   | 48,000                      |   | 2,129,097                                        |   | 0                                                     |   | 48,000    |   | 2,129,097                       |   | 2,177,097  |   | 120,464                       |   | 01/00 |   | 02/00 |   | 5-27.5 |   |
| ALLISON APTS                            |   | 899,586          |   | 208,000                     |   | 0                                                |   | 1,733,194                                             |   | 208,000   |   | 1,733,194                       |   | 1,941,194  |   | 154,666                       |   | 01/99 |   | 11/98 |   | 5-27.5 |   |
| BELMONT   AFFORDABLE  HOUSING |   | 518,496          |   | 5,000                       |   | 2,374,186                                        |   | 0                                                     |   | 5,000     |   | 2,374,186                       |   | 2,379,186  |   | 194,914                       |   | 12/98 |   | 01/99 |   | 5-27.5 |   |
| BOERNE CREEKSIDE                        |   | 2,041,181        |   | 204,622                     |   | 0                                                |   | 4,770,432                                             |   | 205,736   |   | 4,770,432                       |   | 4,976,168  |   | 239,821                       |   | 06/00 |   | 11/98 |   | 5-27.5 |   |
| HIGHWAY 18 PARTNERS                     |   | 10,550,000       |   | 766,286                     |   | 7,424,418                                        |   | 5,549,413                                             |   | 797,823   |   | 12,973,831                      |   | 13,771,654 |   | 990,353                       |   | 06/00 |   | 10/99 |   | 5-27.5 |   |
| HOWARD PARK                             |   | 379,144          |   | 75,000                      |   | 1,159,772                                        |   | 12,000                                                |   | 75,000    |   | 1,171,772                       |   | 1,246,772  |   | 148,470                       |   | 12/99 |   | 04/99 |   | 5-27.5 |   |
| KERRVILLE MEADOWS                       |   | 1,594,379        |   | 174,699                     |   | 0                                                |   | 4,345,403                                             |   | 226,306   |   | 4,345,403                       |   | 4,571,709  |   | 314,342                       |   | 04/00 |   | 11/98 |   | 5-27.5 |   |
| MERCHANT’S COURT                   |   | 6,038,352        |   | 1,069,682                   |   | 3,060,740                                        |   | 10,234,283                                            |   | 1,069,682 |   | 13,295,023                      |   | 14,364,705 |   | 993,008                       |   | 12/99 |   | 02/99 |   | 5-27.5 |   |
| MILLWOOD PARK                           |   | 8,291,842        |   | 892,181                     |   | 0                                                |   | 11,502,980                                            |   | 869,681   |   | 11,502,980                      |   | 12,372,661 |   | 722,216                       |   | 11/99 |   | 12/98 |   | 10-40 |   |
| MONTOUR FALLS VILLAGE                   |   | 1,021,520        |   | 65,556                      |   | 0                                                |   | 1,824,217                                             |   | 35,000    |   | 1,824,217                       |   | 1,859,217  |   | 232,144                       |   | 04/99 |   | 10/98 |   | 5-27.5 |   |
| NORTHWOOD HOMES                         |   | 798,554          |   | 96,000                      |   | 1,953,479                                        |   | 0                                                     |   | 96,000    |   | 1,953,479                       |   | 2,049,479  |   | 154,637                       |   | 06/99 |   | 04/99 |   | 5-27.5 |   |
| RHP-96                                  |   | 1,683,730        |   | 142,576                     |   | 0                                                |   | 3,647,061                                             |   | 142,576   |   | 3,647,061                       |   | 3,789,637  |   | 255,453                       |   | 12/99 |   | 10/98 |   | 5-27.5 |   |
| SOUTHAVEN PTRS I                        |   | 9,790,000        |   | 974,288                     |   | 1,815,504                                        |   | 10,687,540                                            |   | 999,288   |   | 12,503,044                      |   | 13,502,332 |   | 1,331,374                     |   | 12/99 |   | 03/99 |   | 5-27.5 |   |
| WASHINGTON COURTYARD                    |   | 2,839,880        |   | 580,398                     |   | 0                                                |   | 4,538,554                                             |   | 580,398   |   | 4,538,554                       |   | 5,118,952  |   | 317,105                       |   | 08/00 |   | 08/99 |   | 5-27.5 |   |
|                                    |   |             |   |                        |   |                                             |   |                                                  |   |      |   |                            |   |       |   |                          |   |   |   |   |   |   |   |
|                                    |   | 46,931,327       |   | 5,302,288                   |   | 19,917,196                                       |   | 58,845,077                                            |   | 5,358,490 |   | 78,762,273                      |   | 84,120,763 |   | 6,168,967                     |   |   |   |   |   |   |   |
|                                         |        |                  |        |                             |        |                                                  |        |                                                       |        |           |        |                                 |        |            |        |                               |        |  |  |  |  |  |  |  |

 

Since the Operating Partnershipsmaintain a calendar year end the information reported on this schedule is as ofDecember 31, 2001.

There were no carrying costs asof December 31, 2001.  The column hasbeen omitted for presentation purposes.

 

F-267

----

 

Notes to Schedule III

Boston Capital Tax Credit Fund IVLP - Series 34

 

Reconciliation of Land, Building& Improvements current year changes

 
| Balance at  beginning of period - 4/1/98                         |   |       |      | $      | 0          |   |
|------------------------------------------------------------------|--------|------------|-----------|--------|------------|--------|
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 4,477,426  |      |   |       |
| Improvements,  etc                                               |   | 0          |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 4,477,426  |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 4,477,426  |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 14,434,539 |      |   |       |
| Improvements,  etc                                               |   | 36,399,836 |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 50,834,375 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 55,311,801 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 28,731,541 |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 28,731,541 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
|                                                             |   |       |      | $      | 84,043,342 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 77,421     |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 77,421     |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 84,120,763 |   |
|                                                             |   |       |      |   |       |
| Reconciliation  of Accumulated Depreciation current year changes |   |       |      |   |       |
|                                                             |   |       |      |   |       |
| Balance at  beginning of period - 4/1/98                         |   |       |      | $      | 0          |   |
| Current year  expense                                            |   | $          | 0         |   |       |   |
| Balance at  close of period - 3/31/99                            |   |       |      | $      | 0          |   |
| Current year  expense                                            |   | $          | 496,969   |   |       |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 496,969    |   |
| Current year  expense                                            |   | $          | 2,631,105 |   |       |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 3,128,074  |   |
| Current year  expense                                            |   | $          | 3,040,893 |   |       |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 6,168,967  |   |

 

F-268

----

 

Boston CapitalTax Credit Fund IV LP - Series 35Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002

 
|                              |   |             |   | **Initial cost to company** |   | **Cost capitalized  subsequent to  acquisition** |   | **Gross amount at which carried  at close of period** |   |      |   |                            |   |       |   |                          |   |
|-----------------------------------|--------|------------------|--------|-----------------------------|--------|--------------------------------------------------|--------|-------------------------------------------------------|--------|-----------|--------|---------------------------------|--------|------------|--------|-------------------------------|--------|
| **Description**                   |   | **Encumbrances** |   | **Land**                    |   | **Buildings and  improvements**                  |   | **Improvements**                                      |   | **Land**  |   | **Buildings and  Improvements** |   | **Total**  |   | **Accumulated  depreciation** |   | **Date of  construction** |   | **Date  acquired** |   | **Life on which  depreciation  computed** |   |
| ASHTON COVE                       |   | 1,980,014        |   | 315,041                     |   | 0                                                |   | 4,496,758                                             |   | 315,041   |   | 4,496,758                       |   | 4,811,799  |   | 211,437                       |   | 04/00 |   | 01/00 |   | 7-40 |   |
| BRAZOSWOOD                        |   | 1,995,833        |   | 83,741                      |   | 0                                                |   | 5,529,182                                             |   | 162,413   |   | 5,529,182                       |   | 5,691,595  |   | 256,967                       |   | 07/00 |   | 07/99 |   | 5-27.5 |   |
| COLUMBIA WOODS                    |   | 4,392,252        |   | 605,453                     |   | 0                                                |   | 10,165,504                                            |   | 630,361   |   | 10,165,504                      |   | 10,795,865 |   | 40,901                        |   | U/C |   | 10/00 |   | 5-27.5 |   |
| CYPRESS POINTE                    |   | 2,756,788        |   | 247,810                     |   | 3,148,052                                        |   | 2,740,199                                             |   | 247,810   |   | 5,888,251                       |   | 6,136,061  |   | 420,363                       |   | 03/00 |   | 04/99 |   | 5-27.5 |   |
| GARDEN GATE II   (NEW CANEY) |   | 862,641          |   | 34,078                      |   | 0                                                |   | 1,874,456                                             |   | 34,078    |   | 1,874,456                       |   | 1,908,534  |   | 78,302                        |   | 07/00 |   | 03/99 |   | 7-40 |   |
| HILLSIDE TERRACE                  |   | 1,803,744        |   | 369,421                     |   | 4,812,286                                        |   | 1,651,039                                             |   | 330,000   |   | 6,463,325                       |   | 6,793,325  |   | 298,042                       |   | 07/00 |   | 04/99 |   | 12-40 |   |
| MULVANE HOUSING                   |   | 2,018,643        |   | 188,000                     |   | 4,043,181                                        |   | 6,038                                                 |   | 188,000   |   | 4,049,219                       |   | 4,237,219  |   | 250,695                       |   | 11/99 |   | 12/98 |   | 10-40 |   |
| RIVERWALK APTS HOMES              |   | 418,744          |   | 44,380                      |   | 1,699,925                                        |   | 0                                                     |   | 44,380    |   | 1,699,925                       |   | 1,744,305  |   | 183,884                       |   | 07/99 |   | 12/98 |   | 5-27.5 |   |
| TENNESSEE PARTNERS XII            |   | 5,000,000        |   | 390,100                     |   | 6,182,403                                        |   | 22,992                                                |   | 390,100   |   | 6,205,395                       |   | 6,595,495  |   | 603,581                       |   | 12/99 |   | 04/99 |   | 5-27.5 |   |
| WASHINGTON COURTYARD              |   | 2,839,880        |   | 580,398                     |   | 0                                                |   | 4,538,554                                             |   | 580,398   |   | 4,538,554                       |   | 5,118,952  |   | 317,105                       |   | 08/00 |   | 08/99 |   | 5-27.5 |   |
| WEDGEWOOD PARK                    |   | 5,467,628        |   | 750,000                     |   | 0                                                |   | 11,893,798                                            |   | 812,355   |   | 11,893,798                      |   | 12,706,153 |   | 531,634                       |   | 08/00 |   | 12/99 |   | 5-27.5 |   |
|                              |   |             |   |                        |   |                                             |   |                                                  |   |      |   |                            |   |       |   |                          |   |   |   |   |   |   |   |
|                              |   | 29,536,167       |   | 3,608,422                   |   | 19,885,847                                       |   | 42,918,520                                            |   | 3,734,936 |   | 62,804,367                      |   | 66,539,303 |   | 3,192,911                     |   |   |   |   |   |   |   |

 

Since the Operating Partnershipsmaintain a calendar year end the information reported on this schedule is as ofDecember 31, 2001.

U/C-Property was underconstruction as of March 31, 2002

There were no carrying costs asof December 31, 2001.  The column hasbeen omitted for presentation purposes.

 

F-269

----

 

Notes to Schedule III

Boston Capital Tax Credit Fund IVLP - Series 35

 

Reconciliation of Land, Building& Improvements current year changes

 
| Balance at  beginning of period - 4/1/99                         |   |       |      | $      | 0          |   |
|------------------------------------------------------------------|--------|------------|-----------|--------|------------|--------|
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 22,888,816 |      |   |       |
| Improvements,  etc                                               |   | 0          |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 22,888,816 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 22,888,816 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 605,453    |      |   |       |
| Improvements,  etc                                               |   | 32,788,341 |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 33,393,794 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 56,282,610 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 10,256,693 |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 10,256,693 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 66,539,303 |   |
|                                                             |   |       |      |   |       |
| Reconciliation  of Accumulated Depreciation current year changes |   |       |      |   |       |
|                                                             |   |       |      |   |       |
| Balance at  beginning of period - 4/1/99                         |   |       |      | $      | 0          |   |
| Current year  expense                                            |   | $          | 109,873   |   |       |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 109,873    |   |
| Current year  expense                                            |   | $          | 1,272,940 |   |       |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 1,382,813  |   |
| Current year  expense                                            |   | $          | 1,810,098 |   |       |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 3,192,911  |   |

 

F-270

----

 

Boston CapitalTax Credit Fund IV LP - Series 36Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002

 
|                      |   |             |   | **Initial cost to company** |   | **Cost capitalized  subsequent to  acquisition** |   | **Gross amount at which carried  at close of period** |   |      |   |                            |   |       |   |                          |   |
|---------------------------|--------|------------------|--------|-----------------------------|--------|--------------------------------------------------|--------|-------------------------------------------------------|--------|-----------|--------|---------------------------------|--------|------------|--------|-------------------------------|--------|
| **Description**           |   | **Encumbrances** |   | **Land**                    |   | **Buildings and  improvements**                  |   | **Improvements**                                      |   | **Land**  |   | **Buildings and  Improvements** |   | **Total**  |   | **Accumulated  depreciation** |   | **Date of  construction** |   | **Date  acquired** |   | **Life on which  depreciation  computed** |   |
| ALOHA HOUSING             |   | 3,465,276        |   | 552,000                     |   | 3,283,217                                        |   | 5,963                                                 |   | 552,000   |   | 3,289,180                       |   | 3,841,180  |   | 288,233                       |   | 11/99 |   | 08/99 |   | 5-27.5 |   |
| ANNADALE HOUSING          |   | 10,970,799       |   | 226,000                     |   | 12,231,650                                       |   | 64,145                                                |   | 226,000   |   | 12,295,795                      |   | 12,521,795 |   | 2,649,063                     |   | 06/90 |   | 01/00 |   | 5-50 |   |
| ASHTON RIDGE              |   | 2,666,108        |   | 300,500                     |   | 9,547,932                                        |   | 250,558                                               |   | 300,500   |   | 9,798,490                       |   | 10,098,990 |   | 810,475                       |   | 12/00 |   | 02/00 |   | 5-27.5 |   |
| NOWATA                    |   | 1,260,453        |   | 35,000                      |   | 859,081                                          |   | 733,408                                               |   | 30,000    |   | 1,592,489                       |   | 1,622,489  |   | 118,862                       |   | 02/00 |   | 08/99 |   | 5-30 |   |
| PARIS PLACE               |   | 1,271,424        |   | 272,000                     |   | 0                                                |   | 2,010,100                                             |   | 272,000   |   | 2,010,100                       |   | 2,282,100  |   | 70,283                        |   | 09/00 |   | 11/99 |   | 5-27.5 |   |
| RIVERVIEW BEND            |   | 3,353,333        |   | 150,000                     |   | 3,277,543                                        |   | 1,173,781                                             |   | 241,987   |   | 4,451,324                       |   | 4,693,311  |   | 376,024                       |   | 03/00 |   | 12/99 |   | 5-27.5 |   |
| SR SUITES WASHINGTON HGTS |   | 3,393,781        |   | 29,876                      |   | 7,361,729                                        |   | 40,238                                                |   | 29,876    |   | 7,401,967                       |   | 7,431,843  |   | 330,882                       |   | 11/00 |   | 12/99 |   | 5-27.5 |   |
| VALLEYVIEW EST            |   | 478,400          |   | 188,091                     |   | 2,125,968                                        |   | (9,309                                                | )      | 188,091   |   | 2,116,659                       |   | 2,304,750  |   | 188,981                       |   | 05/00 |   | 11/99 |   | 5-27.5 |   |
| WEDGEWOOD PARK            |   | 5,467,628        |   | 750,000                     |   | 0                                                |   | 11,893,798                                            |   | 812,355   |   | 11,893,798                      |   | 12,706,153 |   | 531,634                       |   | 08/00 |   | 12/99 |   | 5-27.5 |   |
| WILLOWBROOK APTS          |   | 1,071,920        |   | 215,000                     |   | 2,220,401                                        |   | 0                                                     |   | 215,000   |   | 2,220,401                       |   | 2,435,401  |   | 145,508                       |   | 09/99 |   | 06/99 |   | 5-27.5 |   |
| WINGFILED APTS            |   | 686,728          |   | 139,800                     |   | 2,104,682                                        |   | 0                                                     |   | 139,800   |   | 2,104,682                       |   | 2,244,482  |   | 161,259                       |   | 07/99 |   | 06/99 |   | 5-27.5 |   |
|                      |   |             |   |                        |   |                                             |   |                                                  |   |      |   |                            |   |       |   |                          |   |   |   |   |   |   |   |
|                      |   | 34,085,850       |   | 2,858,267                   |   | 43,012,203                                       |   | 16,162,682                                            |   | 3,007,609 |   | 59,174,885                      |   | 62,182,494 |   | 5,671,204                     |   |   |   |   |   |   |   |

 

Since the Operating Partnershipsmaintain a calendar year end the information reported on this schedule is as ofDecember 31, 2001.

There were no carrying costs asof December 31, 2001.  The column hasbeen omitted for presentation purposes.

 

F-271

----

 

Notes to Schedule III

Boston Capital Tax Credit Fund IVLP - Series 36

 

Reconciliation of Land, Building& Improvements current year changes

 
| Balance at  beginning of period - 4/1/99                         |   |       |      | $      | 0          |   |
|------------------------------------------------------------------|--------|------------|-----------|--------|------------|--------|
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other acquisitions                                               |   | 13,858,724 |      |   |       |
| Improvements,  etc                                               |   | 0          |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 13,858,724 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 13,858,724 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 22,306,082 |      |   |       |
| Improvements,  etc                                               |   | 25,593,908 |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 47,899,990 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 61,758,714 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   |       |      |   |       |
| Improvements,  etc                                               |   | 423,780    |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 423,780    |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 62,182,494 |   |
|                                                             |   |       |      |   |       |
| Reconciliation  of Accumulated Depreciation current year changes |   |       |      |   |       |
|                                                             |   |       |      |   |       |
| Balance at  beginning of period - 4/1/99                         |   |       |      | $      | 0          |   |
| Current year expense                                             |   | $          | 109,722   |   |       |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 109,722    |   |
| Current year  expense                                            |   | $          | 3,420,983 |   |       |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 3,530,705  |   |
| Current year  expense                                            |   | $          | 2,140,499 |   |       |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 5,671,204  |   |

 

F-272

----

 

Boston CapitalTax Credit Fund IV LP - Series 37Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002

 
|                      |   |             |   | **Initial cost to company** |   | **Cost capitalized  subsequent to  acquisition** |   | **Gross amount at which  carried  at close of period** |   |      |   |                            |   |       |   |                          |   |
|---------------------------|--------|------------------|--------|-----------------------------|--------|--------------------------------------------------|--------|-------------------------------------------------------------|--------|-----------|--------|---------------------------------|--------|------------|--------|-------------------------------|--------|
| **Description**           |   | **Encumbrances** |   | **Land**                    |   | **Buildings and  improvements**                  |   | **Improvements**                                            |   | **Land**  |   | **Buildings and  Improvements** |   | **Total**  |   | **Accumulated  depreciation** |   | **Date of  construction** |   | **Date  acquired** |   | **Life on which  depreciation  computed** |   |
| ASHTON RIDGE              |   | 2,666,108        |   | 300,500                     |   | 9,547,932                                        |   | 250,558                                                     |   | 300,500   |   | 9,798,490                       |   | 10,098,990 |   | 810,475                       |   | 12/00 |   | 02/00 |   | 5-27.5 |   |
| BALDWIN VILLAS            |   | 7,974,106        |   | 200,000                     |   | 0                                                |   | 7,838,615                                                   |   | 325,000   |   | 7,838,615                       |   | 8,163,615  |   | 165,582                       |   | 7/01 |   | 10/99 |   | 5-27.5 |   |
| COLUMBIA WOODS            |   | 4,392,252        |   | 605,453                     |   | 0                                                |   | 10,165,504                                                  |   | 630,361   |   | 10,165,504                      |   | 10,795,865 |   | 40,901                        |   | U/C |   | 10/00 |   | 5-27.5 |   |
| HIGHWAY 18                |   | 10,550,000       |   | 766,286                     |   | 7,424,418                                        |   | 5,549,413                                                   |   | 797,823   |   | 12,973,831                      |   | 13,771,654 |   | 990,353                       |   | 06/00 |   | 10/99 |   | 5-27.5 |   |
| SR SUITES WASHINTGON HGTS |   | 3,393,781        |   | 29,876                      |   | 7,361,729                                        |   | 40,238                                                      |   | 29,876    |   | 7,401,967                       |   | 7,431,843  |   | 330,882                       |   | 11/00 |   | 12/99 |   | 5-27.5 |   |
| SILVER POND               |   | 4,445,897        |   | 340,000                     |   | 3,518,005                                        |   | 2,801,951                                                   |   | 340,000   |   | 6,319,956                       |   | 6,659,956  |   | 170,615                       |   | 12/01 |   | 06/00 |   | 40 |   |
| STEARNS ASSISTED LIVING   |   | 435,500          |   | 1                           |   | 0                                                |   | 2,934,502                                                   |   | 1         |   | 2,934,502                       |   | 2,934,503  |   | 57,531                        |   | 3/01 |   | 12/99 |   | 5-27.5 |   |
|                      |   |             |   |                        |   |                                             |   |                                                        |   |      |   |                            |   |       |   |                          |   |   |   |   |   |   |   |
|                      |   | 33,857,644       |   | 2,242,116                   |   | 27,852,084                                       |   | 29,580,781                                                  |   | 2,423,561 |   | 57,432,865                      |   | 59,856,426 |   | 2,566,339                     |   |   |   |   |   |   |   |

 

Since the Operating Partnershipsmaintain a calendar year end the information reported on this schedule is as ofDecember 31, 2001.

U/C-Property was underconstruction as of March 31, 2002

There were no carrying costs asof December 31, 2001.  The column hasbeen omitted for presentation purposes.

 

F-273

----

 

Notes to Schedule III

Boston Capital Tax Credit Fund IVLP - Series 37

 

Reconciliation of Land, Building& Improvements current year changes

 
| Balance at  beginning of period - 4/1/99                         |   |       |      | $      | 0          |   |
|------------------------------------------------------------------|--------|------------|-----------|--------|------------|--------|
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 8,390,705  |      |   |       |
| Improvements,  etc                                               |   | 0          |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 8,390,705  |   |
| Deductions during  period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 8,390,705  |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 10,519,032 |      |   |       |
| Improvements,  etc                                               |   | 19,144,384 |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 29,663,416 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 38,054,121 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 0          |      |   |       |
| Improvements,  etc                                               |   | 21,802,305 |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 21,802,305 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 59,856,426 |   |
|                                                             |   |       |      |   |       |
| Reconciliation  of Accumulated Depreciation current year changes |   |       |      |   |       |
|                                                             |   |       |      |   |       |
| Balance at  beginning of period - 4/1/99                         |   |       |      | $      | 0          |   |
| Current year  expense                                            |   | $          | 0         |   |       |   |
| Balance at  close of period - 3/31/00                            |   |       |      | $      | 0          |   |
| Current year  expense                                            |   | $          | 719,027   |   |       |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 719,027    |   |
| Current year  expense                                            |   | $          | 1,847,312 |   |       |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 2,566,339  |   |

 

F-274

----

 

Boston Capital Tax Credit Fund IV LP - Series38Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002

 
|                  |   |             |   | **Initial cost to company** |   | **Cost capitalized  subsequent to  acquisition** |   | **Gross amount at which  carried  at close of period** |   |      |   |                            |   |       |   |                          |   |
|-----------------------|--------|------------------|--------|-----------------------------|--------|--------------------------------------------------|--------|-------------------------------------------------------------|--------|-----------|--------|---------------------------------|--------|------------|--------|-------------------------------|--------|
| **Description**       |   | **Encumbrances** |   | **Land**                    |   | **Buildings and  improvements**                  |   | **Improvements**                                            |   | **Land**  |   | **Buildings and  Improvements** |   | **Total**  |   | **Accumulated  depreciation** |   | **Date of  construction** |   | **Date  acquired** |   | **Life on which  depreciation  computed** |   |
| ALDINE WESTFIELD      |   | 2,990,000        |   | 334,472                     |   | 0                                                |   | 8,894,479                                                   |   | 347,330   |   | 8,894,479                       |   | 9,241,809  |   | 138,089                       |   | 07/01 |   | 04/00 |   | 5-27.5 |   |
| ANDOVER HOUSING       |   | 2,675,861        |   | 150,000                     |   | 4,645,760                                        |   | 356,952                                                     |   | 150,000   |   | 5,002,712                       |   | 5,152,712  |   | 160,625                       |   | 12/00 |   | 05/00 |   | 10-40 |   |
| ARBORS AT EAGLE CREST |   | 1,788,563        |   | 305,872                     |   | 0                                                |   | 8,377,643                                                   |   | 290,000   |   | 8,377,643                       |   | 8,667,643  |   | 238,699                       |   | 10/01 |   | 12/00 |   | 5-27.5 |   |
| BRISTOW PLACE         |   | 1,242,143        |   | 32,500                      |   | 896,311                                          |   | 906,749                                                     |   | 32,500    |   | 1,803,060                       |   | 1,835,560  |   | 69,396                        |   | 12/00 |   | 06/00 |   | 5-30 |   |
| COLUMBIA CREEK        |   | 5,278,781        |   | 1,068,040                   |   | 0                                                |   | 11,364,122                                                  |   | 1,070,161 |   | 11,364,122                      |   | 12,434,283 |   | 148,254                       |   | 11/01 |   | 08/00 |   | 5-27.5 |   |
| CUSHING PLACE         |   | 1,107,945        |   | 0                           |   | 1,358,355                                        |   | 207,052                                                     |   | 30,000    |   | 1,565,407                       |   | 1,595,407  |   | 96,332                        |   | 10/00 |   | 03/00 |   | 5-27.5 |   |
| EDNA VANDERBILT       |   | 332,192          |   | 10,000                      |   | 502,555                                          |   | 10,000                                                      |   | 502,555   |   | 512,555                         |   | 16,513     |   | 10/01                         |   | 05/01 |   | 5-27.5 |   |   |   |
| HAMMOND PLACE         |   | 495,490          |   | 94,026                      |   | 2,164,107                                        |   | 0                                                           |   | 94,026    |   | 2,164,107                       |   | 2,258,133  |   | 102,852                       |   | 04/00 |   | 03/00 |   | 5-27.5 |   |
| HERITAGE II           |   | 914,026          |   | 60,130                      |   | 1,171,322                                        |   | (11,257                                                     | )      | 60,130    |   | 1,160,065                       |   | 1,220,195  |   | 82,506                        |   | 06/00 |   | 06/00 |   | 5-27.5 |   |
| WILLOWBROOK II        |   | 991,424          |   | 168,860                     |   | 2,093,435                                        |   | 0                                                           |   | 168,860   |   | 2,093,435                       |   | 2,262,295  |   | 102,327                       |   | 10/01 |   | 03/00 |   | 5-27.5 |   |
|                  |   |             |   |                        |   |                                             |   |                                                        |   |      |   |                            |   |       |   |                          |   |   |   |   |   |   |   |
|                  |   | 17,816,425       |   | 2,223,900                   |   | 12,831,845                                       |   | 30,095,740                                                  |   | 2,253,007 |   | 42,927,585                      |   | 45,180,592 |   | 1,155,593                     |   |   |   |   |   |   |   |

 

Since the Operating Partnershipsmaintain a calendar year end the information reported on this schedule is as ofDecember 31, 2001.

There were no carrying costs asof December 31, 2001.  The column hasbeen omitted for presentation purposes.

 

F-275

----

 

Notes to Schedule III

Boston Capital Tax Credit Fund IVLP - Series 38

 

Reconciliation of Land, Building& Improvements current year changes

 
| Balance at  beginning of period - 4/1/00                         |   |       |      | $      | 0          |   |
|------------------------------------------------------------------|--------|------------|-----------|--------|------------|--------|
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0         |   |       |   |
| Other  acquisitions                                              |   | 14,543,190 |      |   |       |
| Improvements,  etc                                               |   | 0          |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 14,543,190 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 14,543,190 |   |
| Additions  during period:                                        |   |       |      |   |       |
| Acquisitions  through foreclosure                                |   | $          | 512,555   |   |       |   |
| Other  acquisitions                                              |   | 30,124,847 |      |   |       |
| Improvements,  etc                                               |   | 0          |      |   |       |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 30,637,402 |   |
| Deductions  during period:                                       |   |       |      |   |       |
| Cost of real  estate sold                                        |   | $          | 0         |   |       |   |
| Other                                                            |   | 0          |      |   |       |
|                                                             |   |       |      | $      | 0          |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 45,180,592 |   |
|                                                             |   |       |      |   |       |
| Reconciliation  of Accumulated Depreciation current year changes |   |       |      |   |       |
|                                                             |   |       |      |   |       |
| Balance at  beginning of period - 4/1/00                         |   |       |      | $      | 0          |   |
| Current year  expense                                            |   | $          | 143,616   |   |       |   |
| Balance at  close of period - 3/31/01                            |   |       |      | $      | 143,616    |   |
| Current year  expense                                            |   | $          | 1,011,977 |   |       |   |
| Balance at  close of period - 3/31/02                            |   |       |      | $      | 1,155,593  |   |

 

F-276

----

 

Boston CapitalTax Credit Fund IV LP - Series 39Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002

 
|                  |   |             |   | **Initial cost to company** |   | **Cost capitalized  subsequent to  acquisition** |   | **Gross amount at which  carried  at close of period** |   |      |   |                            |   |       |   |                          |   |
|-----------------------|--------|------------------|--------|-----------------------------|--------|--------------------------------------------------|--------|-------------------------------------------------------------|--------|-----------|--------|---------------------------------|--------|------------|--------|-------------------------------|--------|
| **Description**       |   | **Encumbrances** |   | **Land**                    |   | **Buildings and  improvements**                  |   | **Improvements**                                            |   | **Land**  |   | **Buildings and  Improvements** |   | **Total**  |   | **Accumulated  depreciation** |   | **Date of  construction** |   | **Date  acquired** |   | **Life on which  depreciation  computed** |   |
| ARBORS AT EAGLE CREST |   | 1,788,563        |   | 305,872                     |   | 0                                                |   | 8,377,643                                                   |   | 290,000   |   | 8,377,643                       |   | 8,667,643  |   | 238,699                       |   | 10/01 |   | 12/00 |   | 5-27.5 |   |
| ARBORS AT IRONWOOD    |   | 1,819,785        |   | 121,057                     |   | 0                                                |   | 5,643,937                                                   |   | 110,000   |   | 5,643,937                       |   | 5,753,937  |   | 183,155                       |   | 09/01 |   | 07/00 |   | 5-27.5 |   |
| AUSTIN ACRES          |   | 871,910          |   | 128,000                     |   | 0                                                |   | 69,822                                                      |   | 128,000   |   | 69,822                          |   | 197,822    |   | 18,406                        |   | 09/01 |   | 11/00 |   | 5-27.5 |   |
| COLUMBIA CREEK        |   | 5,278,781        |   | 1,068,040                   |   | 0                                                |   | 11,364,122                                                  |   | 1,070,161 |   | 11,364,122                      |   | 12,434,283 |   | 148,254                       |   | 11/01 |   | 08/00 |   | 5-27.5 |   |
| DAYSTAR               |   | 817,028          |   | 155,028                     |   | 0                                                |   | 39,985                                                      |   | 155,028   |   | 39,985                          |   | 195,013    |   | 44,126                        |   | 01/01 |   | 02/01 |   | 5-27.5 |   |
| GOUVERNEUR SR         |   | 1,752,528        |   | 0                           |   | 0                                                |   | 4,152,754                                                   |   | 66,600    |   | 4,152,754                       |   | 4,219,354  |   | 33,877                        |   | 10/01 |   | 12/00 |   | 12-40 |   |
| HILLVIEW              |   | 923,167          |   | 10,000                      |   | 1,201,246                                        |   | 0                                                           |   | 10,000    |   | 1,201,246                       |   | 1,211,246  |   | 36,663                        |   | 12/01 |   | 05/01 |   | 5-27.5 |   |
| TALLY HO II           |   | 584,072          |   | 30,000                      |   | 1,131,775                                        |   | 0                                                           |   | 30,000    |   | 1,131,775                       |   | 1,161,775  |   | 21,049                        |   | 12/01 |   | 06/01 |   | 5-27.5 |   |
| TIMEVER TRAILS I      |   | 824,651          |   | 50,000                      |   | 1,280,757                                        |   | 0                                                           |   | 50,000    |   | 1,280,757                       |   | 1,330,757  |   | 22,031                        |   | 07/01 |   | 06/01 |   | 5-27.5 |   |
|                  |   |             |   |                        |   |                                             |   |                                                        |   |      |   |                            |   |       |   |                          |   |   |   |   |   |   |   |
|                  |   | 14,660,485       |   | 1,867,997                   |   | 3,613,778                                        |   | 29,648,263                                                  |   | 1,909,789 |   | 33,262,041                      |   | 35,171,830 |   | 746,260                       |   |   |   |   |   |   |   |

 

Since the Operating Partnershipsmaintain a calendar year end the information reported on this schedule is as ofDecember 31, 2001.

There were no carrying costs asof December 31, 2001.  The column hasbeen omitted for presentation purposes.

 

F-277

----

 

Notes to Schedule III

Boston Capital Tax Credit Fund IVLP - Series 39

 

Reconciliation of Land, Building& Improvements current year changes

 
| Balance at  beginning of period - 4/1/00                         |   |       |    | $      | 0          |   |
|------------------------------------------------------------------|--------|------------|---------|--------|------------|--------|
| Additions  during period:                                        |   |       |    |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0       |   |       |   |
| Other  acquisitions                                              |   | 4,376,035  |    |   |       |
| Improvements,  etc                                               |   | 0          |    |   |       |
| Other                                                            |   | 0          |    |   |       |
|                                                             |   |       |    | $      | 4,376,035  |   |
| Deductions  during period:                                       |   |       |    |   |       |
| Cost of real  estate sold                                        |   | $          | 0       |   |       |   |
| Other                                                            |   | 0          |    |   |       |
| Other                                                            |   |       |    | $      | 0          |   |
| Balance at  close of period - 3/31/01                            |   |       |    | $      | 4,376,035  |   |
| Additions  during period:                                        |   |       |    |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0       |   |       |   |
| Other  acquisitions                                              |   | 3,703,778  |    |   |       |
| Improvements,  etc                                               |   | 29,690,055 |    |   |       |
| Other                                                            |   | 0          |    |   |       |
|                                                             |   |       |    | $      | 33,393,833 |   |
| Deductions  during period:                                       |   |       |    |   |       |
| Cost of real  estate sold                                        |   | $          | 0       |   |       |   |
| Other                                                            |   | (2,598,038 | )       |   |       |
|                                                             |   |       |    | $      | (2,598,038 | )      |
| Balance at  close of period - 3/31/02                            |   |       |    | $      | 35,171,830 |   |
|                                                             |   |       |    |   |       |
| Reconciliation  of Accumulated Depreciation current year changes |   |       |    |   |       |
|                                                             |   |       |    |   |       |
| Balance at  beginning of period - 4/1/00                         |   |       |    | $      | 0          |   |
| Current year  expense                                            |   | $          | 11,017  |   |       |   |
| Balance at  close of period - 3/31/01                            |   |       |    | $      | 11,017     |   |
| Current year  expense                                            |   | $          | 735,243 |   |       |   |
| Balance at  close of period - 3/31/02                            |   |       |    | $      | 746,260    |   |

 

F-278

----

 

Boston CapitalTax Credit Fund IV LP - Series 40Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002

 
|                |   |             |   | **Initial cost to company** |   | **Cost capitalized  subsequent to  acquisition** |   | **Gross amount at which  carried  at close of period** |   |      |   |                            |   |       |   |                          |   |
|---------------------|--------|------------------|--------|-----------------------------|--------|--------------------------------------------------|--------|-------------------------------------------------------------|--------|-----------|--------|---------------------------------|--------|------------|--------|-------------------------------|--------|
| **Description**     |   | **Encumbrances** |   | **Land**                    |   | **Buildings and  improvements**                  |   | **Improvements**                                            |   | **Land**  |   | **Buildings and  Improvements** |   | **Total**  |   | **Accumulated  depreciation** |   | **Date of  construction** |   | **Date  acquired** |   | **Life on which  depreciation  computed** |   |
| ARBORS  IRONWOOD II |   | 903,000          |   | 115,000                     |   | 2,665,008                                        |   | 0                                                           |   | 115,000   |   | 2,665,008                       |   | 2,780,008  |   | 55,029                        |   | 11/01 |   | 02/01 |   | 5-27.5 |   |
| AZLE  FOUNTAINHEAD  |   | 829,749          |   | 52,400                      |   | 782,639                                          |   | 0                                                           |   | 52,400    |   | 782,639                         |   | 835,039    |   | 21,287                        |   | U/C |   | 10/01 |   | 5-27.5 |   |
| BALDWIN  VILLAS     |   | 7,974,106        |   | 325,000                     |   | 7,838,615                                        |   | 0                                                           |   | 325,000   |   | 7,838,615                       |   | 8,163,615  |   | 165,582                       |   | 07/01 |   | 07/01 |   | 5-27.5 |   |
| CAPITAL  FIVE       |   | 0                |   | 107,162                     |   | 1,117,138                                        |   | 0                                                           |   | 107,162   |   | 1,117,138                       |   | 1,224,300  |   | 0                             |   | U/C |   | 06/01 |   | N/A |   |
| CARLISLE  APTS      |   | 939,802          |   | 84,027                      |   | 2,158,184                                        |   | 0                                                           |   | 84,027    |   | 2,158,184                       |   | 2,242,211  |   | 52,489                        |   | 06/01 |   | 02/01 |   | 5-27.5 |   |
| CENTER  PLACE II    |   | 789,018          |   | 28,590                      |   | 1,267,462                                        |   | 0                                                           |   | 28,590    |   | 1,267,462                       |   | 1,296,052  |   | 22,085                        |   | 10/01 |   | 10/01 |   | 5-27.5 |   |
| KC  HOMES           |   | 3,893,135        |   | 275,100                     |   | 4,764,685                                        |   | 0                                                           |   | 275,100   |   | 4,764,685                       |   | 5,039,785  |   | 58,572                        |   | 11/01 |   | 08/01 |   | 5-27.5 |   |
| LONDONTOWN  HOMES   |   | 612,000          |   | 257,366                     |   | 2,281,695                                        |   | 0                                                           |   | 257,366   |   | 2,281,695                       |   | 2,539,061  |   | 32,791                        |   | 06/01 |   | 02/01 |   | 5-27.5 |   |
| MA  NO. 2           |   | 1,403,581        |   | 66,500                      |   | 2,450,256                                        |   | 0                                                           |   | 66,500    |   | 2,450,256                       |   | 2,516,756  |   | 0                             |   | 02/02 |   | 02/01 |   | N/A |   |
| MEADOWSIDE  ASSOC   |   | 963,226          |   | 0                           |   | 0                                                |   | 0                                                           |   | 0         |   | 0                               |   | 0          |   | 0                             |   | 12/01 |   | 05/01 |   | N/A |   |
| NORTHROCK  II       |   | 1,242,583        |   | 110,000                     |   | 892,246                                          |   | 0                                                           |   | 110,000   |   | 892,246                         |   | 1,002,246  |   | 2,098                         |   | U/C |   | 07/01 |   | 10-40 |   |
| OAKLAND  PSHP       |   | 1,252,977        |   | 40,000                      |   | 2,017,047                                        |   | 0                                                           |   | 40,000    |   | 2,017,047                       |   | 2,057,047  |   | 70,491                        |   | 07/01 |   | 02/01 |   | 5-27.5 |   |
| SEDGWICK  SUNDANCE  |   | 540,000          |   | 5,000                       |   | 2,176,106                                        |   | 0                                                           |   | 5,000     |   | 2,176,106                       |   | 2,181,106  |   | 14,593                        |   | 10/01 |   | 09/01 |   | 5-27.5 |   |
| SOUTHBROOK  HOMES   |   | 558,000          |   | 240,000                     |   | 2,272,500                                        |   | 0                                                           |   | 240,000   |   | 2,272,500                       |   | 2,512,500  |   | 14,553                        |   | 11/01 |   | 04/01 |   | 5-27.5 |   |
| WESTERN  GARDENS    |   | 1,300,631        |   | 40,800                      |   | 2,086,305                                        |   | 0                                                           |   | 40,800    |   | 2,086,305                       |   | 2,127,105  |   | 74,730                        |   | 07/01 |   | 02/01 |   | 5-27.5 |   |
|                |   |             |   |                        |   |                                             |   |                                                        |   |      |   |                            |   |       |   |                          |   |   |   |   |   |   |   |
|                |   | 23,201,808       |   | 1,746,945                   |   | 34,769,886                                       |   | 0                                                           |   | 1,746,945 |   | 34,769,886                      |   | 36,516,831 |   | 584,300                       |   |   |   |   |   |   |   |

 

Since the Operating Partnershipsmaintain a calendar year end the information reported on this schedule is as ofDecember 31, 2001.

U/C-Property was underconstruction as of March 31, 2002

There were no carrying costs asof December 31, 2001.  The column hasbeen omitted for presentation purposes.

 

F-279

----

 

Notes to Schedule III

Boston Capital Tax Credit Fund IVLP - Series 40

 

Reconciliation of Land, Building& Improvements current year changes

 
| Balance at  beginning of period - 4/1/01                         |   |       |    | $      | 0          |   |
|------------------------------------------------------------------|--------|------------|---------|--------|------------|--------|
| Additions  during period:                                        |   |       |    |   |       |
| Acquisitions  through foreclosure                                |   | $          | 0       |   |       |   |
| Other  acquisitions                                              |   | 36,516,831 |    |   |       |
| Improvements,  etc                                               |   | 0          |    |   |       |
| Other                                                            |   | 0          |    |   |       |
|                                                             |   |       |    | $      | 36,516,831 |   |
| Deductions  during period:                                       |   |       |    |   |       |
| Cost of real  estate sold                                        |   | $          | 0       |   |       |   |
| Other                                                            |   | 0          |    |   |       |
|                                                             |   |       |    | $      | 0          |   |
| Balance at  close of period - 3/31/02                            |   |       |    | $      | 36,516,831 |   |
|                                                             |   |       |    |   |       |
| Reconciliation  of Accumulated Depreciation current year changes |   |       |    |   |       |
|                                                             |   |       |    |   |       |
| Balance at  beginning of period - 4/1/01                         |   |       |    | $      | 0          |   |
| Current year  expense                                            |   | $          | 584,300 |   |       |   |
| Balance at close of period -  3/31/02                            |   |       |    | $      | 584,300    |   |

 

F-280

----

 

Boston CapitalTax Credit Fund IV LP - Series 41Schedule III - Real Estate and Accumulated DepreciationMarch 31, 2002

 
|                |   |             |   | **Initial cost to company** |   | **Cost capitalized  subsequent to  acquisition** |   | **Gross amount at which  carried  at close of period** |   |      |   |                            |   |      |   |                          |   |
|---------------------|--------|------------------|--------|-----------------------------|--------|--------------------------------------------------|--------|-------------------------------------------------------------|--------|-----------|--------|---------------------------------|--------|-----------|--------|-------------------------------|--------|
| **Description**     |   | **Encumbrances** |   | **Land**                    |   | **Buildings and  improvements**                  |   | **Improvements**                                            |   | **Land**  |   | **Buildings and  Improvements** |   | **Total** |   | **Accumulated  depreciation** |   | **Date of  construction** |   | **Date  acquired** |   | **Life on which  depreciation  computed** |   |
| BIENVILLE           |   | 818,871          |   | 16,500                      |   | 1,309,576                                        |   | 0                                                           |   | 16,500    |   | 1,309,576                       |   | 1,326,076 |   | 43,414                        |   | 11/01 |   | 12/01 |   | 5-27.5 |   |
| BREEZEWOOD          |   | 543,950          |   | 42,500                      |   | 0                                                |   | 0                                                           |   | 42,500    |   | 0                               |   | 42,500    |   | 0                             |   | U/C |   | 10/01 |   | N/A |   |
| BROOKSTONE  APTS II |   | 2,500,000        |   | 223,150                     |   | 0                                                |   | 0                                                           |   | 223,150   |   | 0                               |   | 223,150   |   | 0                             |   | U/C |   | 08/01 |   | N/A |   |
| HALFMOON  BDC, LP   |   | 693,760          |   | 292,000                     |   | 0                                                |   | 0                                                           |   | 292,000   |   | 0                               |   | 292,000   |   | 0                             |   | U/C |   | 07/01 |   | N/A |   |
| HARBOR  POINT       |   | 1,292,466        |   | 440,000                     |   | 0                                                |   | 0                                                           |   | 440,000   |   | 0                               |   | 440,000   |   | 0                             |   | U/C |   | 08/01 |   | N/A |   |
| MADISON  HOUSING II |   | 1,737,846        |   | 35,000                      |   | 3,953,209                                        |   | 0                                                           |   | 35,000    |   | 3,953,209                       |   | 3,988,209 |   | 14,801                        |   | U/C |   | 09/01 |   | 10-40 |   |
| MARWOOD  SENIOR     |   | 4,098,984        |   | 0                           |   | 0                                                |   | 0                                                           |   | 0         |   | 0                               |   | 0         |   | 0                             |   | U/C |   | 07/01 |   | N/A |   |
| MEADOWSIDE  ASSOC   |   | 963,226          |   | 0                           |   | 0                                                |   | 0                                                           |   | 0         |   | 0                               |   | 0         |   | 0                             |   | 12/01 |   | 05/01 |   | N/A |   |
| RED  HILL APTS      |   | 841,779          |   | 24,600                      |   | 1,344,222                                        |   | 0                                                           |   | 24,600    |   | 1,344,222                       |   | 1,368,822 |   | 46,595                        |   | 06/01 |   | 11/01 |   | 5-27.5 |   |
|                |   |             |   |                        |   |                                             |   |                                                        |   |      |   |                            |   |      |   |                          |   |   |   |   |   |   |   |
|                |   | 13,490,882       |   | 1,073,750                   |   | 6,607,007                                        |   | 0                                                           |   | 1,073,750 |   | 6,607,007                       |   | 7,680,757 |   | 104,810                       |   |   |   |   |   |   |   |

 

Since the Operating Partnershipsmaintain a calendar year end the information reported on this schedule is as ofDecember 31, 2001.

U/C-Property was underconstruction as of March 31, 2002

There were no carrying costs asof December 31, 2001.  The column hasbeen omitted for presentation purposes.

 

F-281

----

 

Notes to Schedule III

Boston Capital Tax Credit Fund IVLP - Series 41

 

Reconciliation of Land, Building& Improvements current year changes

 
| Balance at  beginning of period - 4/1/01                         |   |      |    | $      | 0         |   |
|------------------------------------------------------------------|--------|-----------|---------|--------|-----------|--------|
| Additions  during period:                                        |   |      |    |   |      |
| Acquisitions  through foreclosure                                |   | $         | 0       |   |      |   |
| Other  acquisitions                                              |   | 7,680,757 |    |   |      |
| Improvements,  etc                                               |   | 0         |    |   |      |
| Other                                                            |   | 0         |    |   |      |
|                                                             |   |      |    | $      | 7,680,757 |   |
| Deductions  during period:                                       |   |      |    |   |      |
| Cost of real  estate sold                                        |   | $         | 0       |   |      |   |
| Other                                                            |   | 0         |    |   |      |
|                                                             |   |      |    | $      | 0         |   |
| Balance at  close of period - 3/31/02                            |   |      |    | $      | 7,680,757 |   |
|                                                             |   |      |    |   |      |
| Reconciliation  of Accumulated Depreciation current year changes |   |      |    |   |      |
|                                                             |   |      |    |   |      |
| Balance at  beginning of period - 4/1/01                         |   |      |    | $      | 0         |   |
| Current year  expense                                            |   | $         | 104,810 |   |      |   |
| Balance at  close of period - 3/31/02                            |   |      |    | $      | 104,810   |   |

 

F-282

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