SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) January 18, 2000
National Real Estate Limited Partnership Income Properties
(Exact name of registrant as specified in its charter)
Wisconsin 01-14453 39-1503893
_________ ________ __________
(State or other (Commission (IRS Employer
Jurisdiction of File Number) Identification
organization) Number)
1155 Quail Court, Pewaukee, Wisconsin 53072-3703
_____________________________________ __________
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (262) 695-1400
______________
Not Applicable
(Former name or former address, if changed since last report)
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
National Real Estate Limited Partnership Income Properties (the
"Partnership") was notified on January 18, 2000, by Wolf & Company
Milwaukee, S.C., its independent accountant, that it has chosen as of
December 23, 1999, not to renew its engagement for the audit of the
Partnership for the fiscal year ended December 31, 1999. Wolf & Company's
report on the financial statements for the past year did not contain an
adverse opinion or disclaimer of opinion and was not qualified or modified
as to uncertainty, audit scope or accounting principles. In connection with
the audit of the Partnership's financial statements for the fiscal year
ended December 31, 1998 and the subsequent interim period preceding the
withdrawal, there were no disagreements with the former accountants on any
matter of accounting principles or practices, financial statement disclosure
or auditing scope or procedure which would have caused Wolf & Company to
make reference to the matter in their report.
On January 10, 2000, the Partnership engaged Kerber, Eck and Braeckel,
LLP, effective January 18, 2000, as its independent accountant. The decision
to engage Kerber, Eck and Braeckel, LLP was approved by the General
Partners. The Partnership has requested Wolf & Company Milwaukee, S.C. to
furnish it a letter addressed to the Commission stating whether it agrees
with the above statements.
A copy of that letter is filed as Exhibit 1 to this Form 8-K.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(C) Exhibits
(1) Letter of Wolf & Company Milwaukee S.C. on changes in certifying
accountant.
Securities & Exchange Commission
Washington, DC 20549
Re: National Real Estate Limited Partnership Income Properties
Employer ID Number 39-1503893
Changes on Registrant's Certifying Accountant
We agree with the Partnership's statement that we have chosen not to renew
our engagement for the fiscal year ended December 31, 1999. This decision
was communicated verbally on December 23, 1999, and confirmed in writing on
January 18, 2000.
Representatives of Kerber, Eck and Braeckel, LLP have visited us. They
stated that they had been retained for the fiscal year ended
December 31, 1999.
Sincerely,
/s/ WOLF & COMPANY MILWAUKEE, S.C.
Dale Wollenzien, CPA
DGW/dgw
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
National Real Estate Limited Partnership
Income Properties
(Registrant)
Date /S/January 18, 2000 /S/ John Vishnevsky
_______________________________ ___________________________
John Vishnevsky
President and Chief Operating and
Executive Officer
National Development and Investment, Inc.
Corporate General Partner
Date /S/January 18, 2000 /S/ John Vishnevsky
______________________________ ___________________________
John Vishnevsky
Chief Financial and Accounting Officer
Date /S/January 18, 2000 Stephen P. Kotecki
______________________________ ___________________________
Stephen P. Kotecki
President
EC Corp
Corporate General Partner
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
National Real Estate Limited Partnership
Income Properties
(Registrant)
Date January 18, 2000
_____________________________ ________________________________
John Vishnevsky
President and Chief Operating and
Executive Officer
National Development and Investment, Inc.
Corporate General Partner
Date January 18, 2000
_____________________________ ________________________________
John Vishnevsky
Chief Financial and Accounting Officer
Date January 18, 2000
_____________________________ ________________________________
Stephen P. Kotecki
President
EC Corp
Corporate General Partner
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