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Real Estate & HUD Audits

my dream house conceptAudits for properties offering affordable public housing have to adhere to the requirements of the Department of Housing and Urban Development (HUD). These requirements include a HUD audit that provides additional procedures beyond the generally accepted audit standards, which need to be electronically submitted to HUD. There are also tax considerations and other opportunities that HUD provides.

McManamon & Co. has extensive experience dealing within the real estate industry, including HUD audit compliance and related tax issues.

For assistance with your real estate business’ accounting and HUD audits, please contact Jeff Firestone at jeff@mcmanamonco.com or 440.892.8900.