Sean O’Connor, CPA
Member
Experience Highlights
Sean is one of the founding members of Dauby O’Connor & Zaleski, LLC, and has been in the practice of public accounting for over twenty five years. DOZ started as a two man firm in 1987 and has grown to a nationally-recognized leader in the real estate arena with clients in over 40 states.
Sean is nationally known for his expertise in accounting and tax matters related to the development and management of multifamily housing communities. Sean has extensive experience in the structuring of private real estate entities formed to develop multifamily housing communities. Sean’s role in the development process includes assistance with financial forecasts and projections, securing construction and permanent financing, and investor capital. In addition to development related services, Sean performs annual audit services required by various lenders and investors, including the Department of Housing and Urban Development (HUD) and the US Department of Agriculture – Rural Development (RD).
Sean has extensive experience with multifamily housing projects which utilize the Low Income Housing Tax Credit (LIHTC) and/or tax exempt bond financing. Sean performs all required accounting functions germane to LIHTC transactions, including 10% certifications necessary for carryover allocations and final cost certifications for issuance of IRS form(s) 8609. Sean also serves on the technical review committee for a LIHTC syndicator to review the structure and identify regulatory issues applicable to new transactions in which the fund intends to invest.
Sean is a frequent speaker at various trade association conferences, including the National Council of State Housing Agencies (NCSHA), the National Association of State and Local Equity Funds (NASLEF), various member organizations of the National Affordable Housing Management Association (NAHMA), the Indiana Housing & Community Development Authority (IHCDA), and the Indiana Apartment Association on topics related to HUD and LIHTC matters. Sean also provides training to DOZ staff members, most recently on legislation affecting the LIHTC industry contained in the Housing and Economic Recovery Act of 2008 (HERA) and the American Recovery and Reinvestment Act of 2009 (ARRA).
Sean obtains a minimum of 40 hours per annum of continuing professional education in various subject matters, including HUD auditing, A-133 audits, LIHTC, ethics and quality control. This education is sponsored by various organizations, including the Indiana CPA Society, the American Institute of Certified Public Accountants, the Affordable Housing Association of Certified Public Accountants, and the Institute for Professional and Executive Development, Inc.
Education
B.S., Indiana University-Bloomington, Indiana
Professional Organizations
Member, Indiana CPA Society
Member, American Institute of Certified Public Accountants
