Complete Live Training | 2 Day

June 9-10th; limited to first 15 registrations.

Training will be both days from 10:00am (CST) to 5:30pm (CST).

Get what you need to understand and test for your HCCP designation from your trusted friends at TheoPRO. 

What we will cover:

• Defining a Tax credit
• Understanding a Tax Credit Project
• Understanding a Project's Minimum Set-aside
• Project Income Limits
• Maximum Rent Limits
• Mandatory vs. Optional Services
• Other Rent Considerations
• Utility Allowances
• Understanding a BIN
• Begin/End the Credit Period
• Begin/End the Federal Compliance Period
• Non-compliance during
• Extended Use Period
• Valuing a Tax Credit BIN
• Eligible Basis
• Charging for Common Area
• APPLICABLE FRACTION
• FIRST YEAR OF THE CREDIT PERIOD--New Construction
• OVERVIEW OF IMPORTANT FACTORS
• FIRST YEAR FORMULA
• CALCULATING CREDIT FOR FUTURE YEARS
• FIRST YEAR OF THE CREDIT PERIOD--ACQUISITION/REHAB OVERVIEW
• WORKING WITH HOUSEHOLDS ALREADY IN PLACE
• TAX FORMS RELATED TO SECTION 42
• ELIGIBILITY BASICS
• LEASE TERMS
• STUDENTS
• INCOME QUALIFYING: KEY COMPONENTS
• METHOD TO CALCULATE EARNED INCOME
• METHOD TO CALCULATE UNEARNED INCOME
• VERIFYING EARNED AND UNEARNED INCOME
• DETAILS OF CALCULATING EARNED INCOME
• EMPLOYMENT INCOME
• EMPLOYMENT INCOME: RAISES
• EMPLOYMENT INCOME: YEAR TO DATE
• SELF-EMPLOYMENT
• UNEARNED INCOME
• UNEARNED INCOME CONTINUED
• UNEARNED INCOME CONTINUED
• ASSET INCOME
• CASH VALUE
• Total Asset Value $5,000 or less
• Total Asset Value more than $5,000
• A Review of the Tenant Income Certification
• ON-GOING Compliance
• RECERTIFICATION
• THE AVAILABLE UNIT RULE
• THE VACANT UNIT RULE
• MONITORING THE MINIMUM SET-ASIDE
• COMPLIANCE MONITORING AND REPORTING
• CASUALTY LOSS
• FAIR HOUSING
• RECORD RETENTION