Homeowners associations exist because of and for the residents. Because of this, many HOAs are concerned with keeping costs as low as possible so that these savings can be passed down to the homeowners. In a shifting economy, keeping costs low can be a massive challenge. Committing to the following five tips will help to…
Tax season is upon us, and if you are new to filing taxes with your HOA, you may have many questions about which forms need to be filed, whether you are tax exempt, and what to do if your HOA has not filed in a couple of years. In this post, we will answer some…
One of the most important tasks of an HOA board is property, legally, and effectively using the funds payed monthly by the residents in your community. The two most basic areas of spending that the board will be dealing with is 1) the daily, weekly, and monthly expenses that are recurring, and 2) unexpected and…