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IRS 528

What Does IRS 528 Say?

When it comes to federal taxes, many homeowners associations find themselves in a bind. While HOAs are required to pay taxes and file tax returns, they fall into a specific category under the Internal Revenue Service — IRS 528.   Understanding HOA as Non-profit Corporations In many states, homeowners associations are structured and formed as…

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things to do on columbus day

13 Things To Do On Columbus Day

Columbus Day is almost here. And, for a lot of people, that means looking forward to another three-day weekend. If you’re looking for some things to do on Columbus Day, you’ve come to the right place.   Top Things to Do on Columbus Day Columbus Day is a federal holiday in the United States. In line with…

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robert's rules for HOA

Understanding Robert’s Rules For HOA Meetings

Every HOA board must set procedural standards for conducting board meetings. But, what if an association does not have rules in place? This is where Robert’s Rules for HOA meetings come into play.   What Are Robert’s Rules for HOA Meetings? Authored by U.S. Army officer Henry Martyn Robert, Robert’s Rules of Order are a…

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labor day facts

11 Most Important Labor Day Facts Every American Should Know

As Labor Day nears, many Americans are undoubtedly excited to get a long weekend off work, not knowing the historical significance behind this holiday. Here are some Labor Day facts to help you appreciate the day better.   Interesting Labor Day Facts to Help You Appreciate the Holiday Labor Day is a federal holiday that falls…

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HOA accounting reports

HOA Accounting Reports You Should Know That Are Not Financial Reports

Many homeowners associations focus on the operational side of community management. But, the financial aspect is just as important. And one of the ways to evaluate the financial health of the association is through HOA accounting reports.   What Are HOA Accounting Reports? Simply put, HOA accounting reports are compilations of accounting and financial information for…

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CC&Rs expire

Do CC&Rs Expire?

Your HOAs CC&Rs is one of the most important documents that govern your association. However, it could’ve been written so long ago that its content may not be applicable anymore to the current times. Worse, there is a possibility that your HOAs CC&Rs expire. Let’s talk about that more here.   Do CC&Rs Expire? Homeowners…

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architectural review board

Planning To Improve Your Home? The Architectural Review Board Will Tell You What’s Allowed Or Not

Most homeowners associations establish an Architectural Review Board to maintain the aesthetics of their communities. Homeowners living in such communities should be aware of the process of obtaining approval from this board before starting any home improvement plans.   The Role of the Architectural Review Board in an HOA Community Homeowners associations are known for…

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