- Refunds of distributions in excess of surplus cash
If an owner took distributions in excess of surplus cash based on the mid year calc, but then refunded the…
- Debt Service Reserve
I have a non-profit HUD entity that is a real estate only entity that rents to a related party nursing…
- Applying Findings Across Multiple Properties
What I hope is a quick question - we audit 4 For-profit properties. All have the same ownership and are…
- Related Party TPA
I wanted to ask a quick question before we come up for training in Chicago. We have a client that…
- DSCR
Hi. Can you send the breakdown as to how HUD is calculating the DSCR these days? I have a client…
- Section 202 Direct Loan
We have a client that has a section 202 direct loan. In the past, the cfda listed on the sefa…
- Record Retention
Your sample HUD nonprofit audit engagement letter says that records will be retained for six years, which is what we…
- Section 8 Audit Threshold
It's been a while since I've dealt with Section 8 so forgive me for a basic question. But I just…
- Replacement Reserve
We have a nonprofit, subsidized HUD project (section 202) that requested some funds from the replacement reserve in October 2017…
- Replacement Reserve withdrawals receivable
Have a client that requested a withdrawal from the RFR at the end of the year. The withdrawal was approved…
- Mixed Use Property
I have a client that has a mixed use 202 Capital Advance and Tax Credit Property. An audit is required…
- Surplus Cash Calculation and Independence
I have a general question that has come up with one of my clients going through an accountant personnel transition…
