The
time has come the Walrus said…
oops, sorry about that but
my son James has been
playing the part of the Walrus in his school play
Alice in Wonderland
.... but seriously the time
has truly come for the re-publication of my reference guide
Practical Solutions for Managing
Tax Credit Properties!
This
is something that I have attempted 4 to 5 times since 2004! But with the
major changes we kept getting hit with I had to keep pushing it back and
pushing it back! With each change, I was forced to stop editing and
instead focus on the change at hand. That is the nature of my business!
But never before has there been a time like this where each year… each
month… and sometimes even each week… a new change was received! Some that
really rattled the program to its core! Quite frankly, it’s been 5 long
years of starting and stopping!
Enough!!
Its time to push through the editing process and make available the
2010 Version of Practical
Solutions for Managing Tax Credit Properties!!
The 2010 Version will include...
 |
A complete explanation on the allocation and development process from a
MANAGEMENT & COMPLIANCE point of view specifically explaining how the
decisions made at this end affect compliance and management decisions
throughout the life of the property.
|
 |
An explanation of the roles of syndicators, investors, State Allocation
Agencies, funding sources, owners and property managers in today's
environment including how the current equity crisis has affected these roles
and an explanation how ARRA's newest programs -- TCAP & the Exchange
Programs -- will play a part.
|
 |
A chapter dedicated to the explanation of the different program terms that
are the mainstay of this Program including applicable fraction, eligible
basis, minimum set-aside, state elections, IRS Forms 8609 and 8823, Land Use
Restriction Agreement, subsidy layering, and much, much more.
|
 |
A detailed illustration of how tax credits are calculated including an
explanation of how understanding this equation is the key to successfully
troubleshooting problems that arise on your properties.
|
 |
A thorough examination of all the compliance rules including initial and
continuing eligibility, full student rule, unit transfers, general public
use, Available and Unit Vacancy Rules, and much, much more are defined,
implemented and monitored.
|
 |
Discussion on the new HERA Income Limit provisions and the final utility
allowance rules including practical guidance for implementing them now and
into the future.
|
 |
An understanding of how noncompliance is detected and reported to the IRS
and how recapture is determined and calculated. This discussion will also
include the steps for correcting noncompliance and how to avoid
noncompliance from recurring in the future. It will also include a thorough
examination of the 8823 Guide and the IRS's interpretation of noncompliance.
|
 |
An entire section on Acquisition Rehabs and the unique implementation of the
Program rules that must occur to successfully rent up these properties and
maintain compliance into the future.
|
 |
Practical guidance on how to manage these properties efficiently including
discussions on hiring staff, handling fair housing, working with other
program requirements such as HOME, Bonds and local and state programs, and
budgeting, marketing, and maintenance.
|
|
|
 
Want a sneak peek?
Click here to
download Section I
ABSOLUTELY FREE!!!
(Document is an Adobe PDF. Must
have Adobe Acrobat or Adobe Reader to view.
If you don't have a either programs you can download a free Adobe Reader at
www.adobe.com.)
|
|
Now
this is going to be quite the undertaking. The changes have been so
monumental since the last version of
Practical Solutions was published that I will practically have
to re-write the book from scratch (not
quite but close). And it’s because of
that, I am going to publish the 2010 Version differently than I have ever
done before. Quite frankly, differently than anyone has done before.
My plan
is a win-win for everyone… me included. You have to understand… it’s going
to take up a major amount of time to re-write this book. And because of
all these changes, it is going to be quite overwhelming for you to read.
So, instead of publishing the book as a book… I
am going to publish it in monthly installments! Yep! A subscription of
sorts.
Each
month I will tackle a section of the book, updating and providing fresh
new illustrations, examples and tips to drive the information home. And
each month you will receive the brand new section for you to review in a
bite-sized chunk so you can easily absorb the information and the changes.
This will continue until the entire book is updated!
In fact here are the
details of what you will receive…
 |
First, with your purchase… You
will receive our custom designed 3 ring binder for housing each month’s
installment and our Thank-You-for-Subscribing-Gift of a $100 Housing
Credit College coupon good on any product, live event or online training
purchased in the next year! |
 |
Then
each month thereafter… You will
receive the newly updated section of the book on pre-punched paper ready
to be slotted into your binder! Sometimes the monthly section will
include several updated chapters, other months I will tackle only one
chapter if there were a significant number of changes to it.
|
 |
AND,
AS AN ADDED BONUS… You will
receive a 1 year subscription to our new 2010 Online Version of
Practical Solutions for Managing Tax Credit Properties located at our
Housing Credit Online Training Center. Each month I will post a
mini-training taught by me explaining and illustrating the written
material! So not only will you get the written version for your binder
but you will have the opportunity to hear me explain the concepts and
changes!! A perfect way to learn the information, refresh your knowledge
on all the rules and earn those all important continuing education
credits!! |
 |
And
finally when the book is done… I
will send you a fully bound copy of the completed book. Keep it for
yourself or share it with a co-worker or industry friend. It’s up to
you! |
Never before will it
be so easy for you to learn the information
and keep it at your finger tips for future reference!!
I expect to deliver the first installment in July and have the book
completed by December. Now, you can certainly wait until the 2010 Version
of my guide is complete! No problem. As I said it will be all done in
December. And at that time, you can receive the typical book version of
the reference guide. OR YOU CAN BEGIN RECEIVING
IT IMMEDIATELY ALONG WITH THE SPECIAL ONLINE MINI-TRAININGS OF ME TEACHING
& ILLUSTRATING THE INFORMATION!! THE CHOICE IS YOURS!
2010
Practical Solutions Subscription
Includes
Binder, Thank-You-for-Subscribing Coupon, Monthly Section Updates, Access
to Mini-Online Trainings & Fully Bound Book When Done
Only $695
|
|
 
Want a sneak peek?
Click here to
download Section I
ABSOLUTELY FREE!!!
(Document is an Adobe PDF. Must
have Adobe Acrobat or Adobe Reader to view.
If you don't have a either programs you can download a free Adobe Reader at
www.adobe.com.)
|
|