| ID | Status | Date | Public/Private | Industry | AHACPA Contact |
|---|---|---|---|---|---|
| #7448 | Closed | public | Multifamily | Les Sparks |
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A section 202/811 property has loans from a related party. How may these loans be repaid? |
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From Les Sparks: These are typically paid from surplus cash. If there is surplus cash, indicate that on the computation sheet, then instead of sending the money to residual receipts, just make sure the money is used to repay the loans and indicate in the footnotes. |
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