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B-205267 1 (1982-06-15)

handle is hein.gao/gaobadkjw0001 and id is 1 raw text is: 1186 &8' DECISION FILE: B-205267 MATTER OF: J DI3GEST; rHU COMPTRCLLER GENERAL 93F THE UNITED ISTATIUS WAOHINGTON D., 2054B DATE June 15# 1982 James A. Gutzwiller - Real Estate Expenses - Loan Origination Fee - No Itemization The Internal Revenue Service (IRS) asks cur Office to reconsider oqr decisions denying trantsferred Federal employees reimbursement for certain services pro- vided as part of a loan origination fee where there is no itemization of the portion of the charge allocable to each of the services for which reimbursement is being sought. Our position is man- dated by paragraph 2-6.2d of the Federal Travel Regulations, which precludes reim- bursement for any expenses defined as a finance charge9 In the absence of itemiza- tion of the loan origination fee, estimated expenses may not be paid. The issue in this decision is whether an employee may be reimbursed for part of a loan origination fee based upon estimates of the reimbursable expenses included in the fixed- percentage fee. We hold that where the reimbursable ex- penses are not itemized to show their exclusion from the nonreimbursable finance charges, these estimated expenses may not be paid. Ms. V. G. Leist, an authorized certifying officer of the Internal Revenue Service (IRS), Cincinnati, Ohio, re- quests our decision concerning the claim of Mr. James A. Gutzwiller for reimbursement for 'certain expenses included as part of a finance charge and incurred incident to the purchase of a residence at his new duty station. Mr. Gutzwiller, an IRS employee, was transferred from Kalamazoo, Michigan, to Cincinnati, Ohio. He purchased a residence in Cincinnati and incurred a finance charge of $1,956, representing 3 percent of the loan amount. Mr. Gutzwiller sought to be reimbursed $473 for the fol- lowing services provided by the lending institution as a part of that finance charge: an abstract and title search; a survey; document preparation; an appraisal; and a credit ,*Ii, b ee.r.rrr,~. ~ .. ~ r~ Pr 0-'.~ - -a-* ~ - --r~.'-~* ~ t.1O-drr ~.r~ flf~,I

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