- PBV Housing Assistance Payment Contracts
Good morning, We have a non-profit client that has executed several PBV Housing Assistance Payment Contracts with various local housing…
- GNMA Custodial Funds
We proposed an entry to book the custodial funds along with an offsetting mortgage servicing obligation liability. This is the…
- Sec. 232 – Operating Lease
The Operator and Borrower are owned by the same person. There is an original lease agreement that dates back 20…
- Cost cost certification
We currently perform a HUD audit for a facility with existing Section 232 loan. They are undergoing a major renovation…
- CPA Mobility Rules
We have an opportunity to bid on some HUD audits. The accounting records/headquarters are in one state but the locations…
- Distributions to Owners
Does HUD's definition of "distributions to owners" include ALL deemed "entity" expenses, including entity-based income taxes? Or are some "deemed…
- LIHPRHA Agreement question
I have a question regarding a HUD property we audit. I am not sure how familiar you are with LIHPRHA…
