Rev. Proc. 2015-13 and this section 24. 02
SECTION 28. REAL ESTATE
Internal Revenue Bulletin 2025-24 · 2026-10-03 edition · updated 2026-10-04 · United States
MORTGAGE INVESTMENT CONDUIT (REMIC) (§§ 860A-860G).
01 REMIC inducement fees (1) Description of change . A taxpayer that receives an inducement fee in connection with becoming the holder of a noneconomic residual interest in a REMIC must take that fee into account over the remaining expected life of the applicable REMIC in accordance with § 1. 446-6. This change applies to a taxpayer that seeks to change from any method of accounting for such inducement fees to one of the safe harbor methods provided under § 1. 446-6(e)(1)(2). See Rev. Proc. 2004-30, 2004-1 C. B. 950, for additional guidance relating to this change.
(2) Manner of making change . A taxpayer making this change must identify the specific safe harbor method under § 1. 446-6(e) to which the taxpayer is changing.
(3) Designated automatic accounting method change number . The designated automatic accounting method change number for a change under this section 28. 01 is “79. ”
June 9, 2025 1588 Bulletin No. 2025–24
(4) Contact information . For further information regarding a change under this section, contact K. Scott Brown at (202) 317-4423 (not a toll-free number).
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