How HOA Surplus Funds Should Be Used And Reported
While HOA surplus funds don’t arise frequently, board members must know how to handle them if they do. Surplus funds […]
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HOA Finances
How A HOA Management Company Help With HOA Finances
Here are ways that a condo property management company can improve your condo association’s financial health.
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Build Your HOA Reserves To Cover Unexpected Expenses
Every community should have appropriate HOA reserves to ensure healthy and stable finances. Of course, reserve requirements can differ depending
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HOA Taxes vs Nonprofit Status: What’s The Difference?
Board members often have a hard time navigating HOA taxes, especially when they don’t have an accounting background. While technically
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What To Look For In Condo Financial Statements
Those who serve on their association’s board of directors should become highly familiar with their condo financial statements. These documents
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How To Read Condo Financial Statements Without A Finance Background
Knowing how to read condo financial statements is a valuable skill for condo owners and board members. These statements provide
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Do HOA Fees Include Property Taxes?
Do HOA fees include property taxes? Board members and owners alike often ask this question. Understanding what is and isn’t
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How To Plan And Manage The Condo Association Budget
The condo association budget is where smart financial planning and spending begin. It is the condo board’s job to plan
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How To Plan And Manage The Condo Association Budget
The condo association budget is where smart financial planning and spending begin. It is the condo board’s job to plan
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Why An HOA Audit Matters More Than Boards Think
An HOA audit is an important financial tool with many benefits. While it is not always required, association boards would
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