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...

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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…

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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!

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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.

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 AND, AS AN ADDED BONUSYou 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!!

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 And finally when the book is doneI 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

Click here to add to shopping cart!

Click here to print out offline order form!


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.)

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