that have residential rental property that was placed in service before January 1, 2018, that is held by an electing real property trade or business, and that wishes to retroactively apply a 30- year recovery period under the alternative depreciation system (ADS) in IRC Sec. BBA partnerships that filed original Forms 1065 and all required Schedules K-, 2019 or 2020 prior to Jand. 2021-29 provides the following BBA partnerships with the option to file an amended Form 1065 and amended Schedule K-1s for tax years 2018, 2019 or 2020: (See The Consolidated Appropriations Act, 2021 Payroll Protection Program Loan.) 2021-29, eligible partnerships have until Octoto again file an amended partnership return and amended Schedule K-1s to more quickly account for certain changes enacted by the Consolidated Appropriations Act. (See The IRS Provides Welcome Relief to Partnerships Claiming Benefits under the CARES Act)) Now in 2021, the IRS has released another temporary fix to the BBA AAR procedures. 2020-23, eligible partnerships were permitted to file an amended partnership return for 2018 or 2019 and issue amended Schedule K-1s to more promptly benefit from relief intended by the CARES Act. 2020-23 to allow certain BBA partnerships to first stray from the BBA AAR procedures. In response to Covid-19 and the CARES Act, the IRS issued Rev. 6227 to correct a previously filed partnership return. Under the BBA, amended Schedule K-1s are eliminated and partnerships are required to file an Administrative Adjustment Request (“AAR”) under IRC Sec. It has been approximately two years since partnerships first filed income tax returns under the Centralized Partnership Audit Regime (“BBA”). Media Content License Fees: Contract Compliance Measurement. EA RESIG – Real Estate Fund Administration Services. Special Purpose Acquisition Company (SPAC) Services. Technology Enabled Services for Health Care Companies. Value-Based Services / Government Health Care. Health Care Investor and Private Equity Services. 
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