- Related Party Write Off
I have a HUD nursing home client that leases to a related party and has Accounts Receivable for rent from…
- HUD Replacement Reserves
Can you ask Les if he has guidance on the following relating to section 232 nursing homes or at least…
- Nonprofit property sale and dissolution
In returning from the AHACPA conference last week and sending out the information that I learned during the conference, I…
- Error in Multifamily Submission
When we performed the review for IHS, we made an error when inputting the data into the REAC template. When…
- 232 Data Collection Form
Are non-profit organizations who have a HUD 232 loan (which exceeds the single audit threshold)required to have an audit under…
- Residual Receipts Recapture
We are working with a couple projects that had residual receipts that were expected to be recaptured by HUD in…
- Repayment of Owner Contribution
Would you please offer your feedback concerning the following circumstance? Background: - HUD 221(d)(4) multi-family project - a limited partnership…
- 223(f) Refinance and Cash Out Implications
We have an auditee that did a 223(f) cash-out refinance on an existing loan. The loan was closed at the…
- Superintendent as Lease Employee
I have a client which operates a Section 202 HUD project. The managing agent inquired if there is any prohibition…
- HUD Conflict of Interest Policy
At the Multifamily training last fall, it was mentioned that one of the items we should be looking for under…
- Residual Receipts Recapture and REAC clarification
As a follow up to the Chicago Multifamily update, what is the status of recapturing residual receipts balances for PRAC…
- Renewal of PRAC Contracts
We have had some internal discussions about the Chicago Multifamily training, and I'm hoping you can clarify a few items…