Experience
Neil is an audit principal with Dauby O’Connor & Zaleski, LLC and has been in the practice of public accounting since 2010, specializing in the real estate industry. He has experience in the multifamily affordable housing arena, with focuses on properties that utilize HUD, RD or various state agencies for financing and/or rental assistance, as well as the LIHTC pursuant to IRC Section 42. Neil’s portfolio of clients includes not-for-profit corporations, multifamily housing developers, real estate limited partnerships, and construction managers and contractors, among others.
Neil has prepared and reviewed numerous audits of partnerships, limited liability companies, corporations and not-for-profit entities owning a wide variety of real estate developments. These audits have been prepared for HUD, RD, state housing agencies, and various debt and equity providers. He has also prepared and/or reviewed both 10% carryover certifications necessary for carryover allocations as well as final cost certifications for the issuance of IRS form(s) 8609. In addition, he has prepared/reviewed audits of estimate and certificate of actual costs as required by RD and agreed-upon procedures reports pertaining to determining debt service coverage ratios as required by various equity providers.
Neil stays current with the real estate industry and the continually changing regulatory environment by attending continuing education classes and conferences on an ongoing basis. These classes and conferences address the most current issues, including OMB Uniform Guidance, Government Auditing Standards, HUD audit guidelines and LIHTCs. This education is sponsored by various organizations, including the Indiana CPA Society, the American Institute of Certified Public Accountants, and the Affordable Housing Association of Certified Public Accountants.