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SAFE HARBOR REPORTING METHOD FOR ELIGIBLE REMICS REQUIRED TO REPORT ON SCHEDULE Q INFORMATION WITH RESPECT TO REMIC ASSETS

Part III – Administrative, Procedural, and Miscellaneous

PURPOSE
This notice provides a safe harbor reporting method that an eligible real estate mortgage investment conduit (REMIC) may use to satisfy its reporting obligations under § 1.860F-4(e)(1)(ii) of the Income Tax Regulations with respect to information regarding REMIC assets that the REMIC must report to residual interest holders on a Schedule Q (Form 1066), Quarterly Notice to Residual Interest Holder of REMIC Taxable Income or Net Loss Allocation (Schedule Q).

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