“EXHIBIT 99.5”
SWALM &ASSOCIATES, P.C. | ||
Certified Public Accountants, Auditors and Consultants | 2435 N. Central Expy, Ste 1200 | |
Richardson, Texas 75080 | ||
Office (972) 516-8800 | ||
Fax (972) 516-0600 |
January 4, 2024
Office of the Chief
Accountant Securities and
Exchange Commission
460 Fifth Street N. W.
Washington, DC 20549
Re: Income Opportunity Realty Investors, Inc.
Commission File Number 001-14784
We have received a copy of, and are in agreement with, the statements being made by Income Opportunity Realty Investors, Inc. in Item 4.01 of its Form 8-K reporting events occurring on January 2, 2024, captioned “Changes in Registrant’s Certifying Accountant.”
We hereby consent to the filing of this letter as an exhibit to the foregoing report on Form 8-K.
Very truly yours,
SWALM & ASSOCIATES, P.C.
Edward S. Swalm
Edward S. Swalm, CPA
ESS/mb
MEMBERS OF THE AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS