### Question
How does Income Taxes define limited equity cooperative housing?


### Answer
Under *26 U.S.C. § 143*, **limited equity cooperative housing** is defined as:

> any dwelling unit which a person is entitled to occupy by reason of his ownership of stock in a qualified cooperative housing corporation

#### Citation:
  - *26 U.S.C. § 143*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART IV-TAX EXEMPTION REQUIREMENTS FOR STATE AND LOCAL BONDS > Subpart A-Private Activity Bonds**

