Steve Dauby, CPA
Member
Experience Highlights
Steve is one of the founding members of Dauby O’Connor & Zaleski, LLC, and has specialized in the real estate industry since 1984. He has extensive experience in the affordable housing arena, with a particular focus on properties that utilize the Low-Income Housing Tax Credit (LIHTC) pursuant to Section 42 of the Internal Revenue Code. Steve has also provided audit and consulting services to entities owning congregate care facilities, office buildings, shopping centers, hotels, and more.
Steve’s past public experience has been with international accounting firms, which were well recognized for their expertise in real estate accounting, auditing and consulting. Steve has prepared and/or reviewed numerous audits of limited memberships, corporations, and not-for-profit entities owning various real estate developments. These audits have been prepared for the Department of Housing and Urban Development (HUD), Rural Economic and Community Development, and various debt and equity providers. Steve also has extensive experience providing audit services to funds that have been formed to invest in real estate entities. He has prepared numerous Certificates of Actual Cost for both the contractor and mortgagor as required by HUD, and cost certifications required by various state housing finance agencies for utilization of Low Income Housing Tax Credits. In addition to audit services, Steve consults with his clients regularly on various matters, including management/development company profitability, deal structuring, regulatory compliance, and GAAP reporting.
Steve’s clients include not-for-profit corporations, real estate developers and syndicators, housing corporations, real estate limited memberships, cooperative housing corporations, property management organizations, and various small businesses.
Steve 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., Ball State University-Muncie, Indiana
Professional Organizations
Member, Indiana CPA Society
Member, American Institute of Certified Public Accountants

