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HOA Summer Preparation Checklist: Getting Ready For Warmer Months

HOA Managememt

HOA Summer Preparation: 11 Things to Do From maintenance works to managing financials and documents, here are 11 things that you need to include in your to-do list for the warmer months. For communities with common buildings or systems, proactive HVAC maintenance is a must.

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HOA Meeting Minutes Mistakes: Bad Practices To Avoid

HOA Managememt

Avoid doing this: (No mention of homeowner concerns in the minutes) Instead, write this as the entry: “Three homeowners expressed concerns about landscaping maintenance. Here’s a bad example: “Board Member A said, ‘I dont trust that contractor,’ and Board Member B responded, ‘Thats ridiculous.’

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1099 forms for property management: Everything you need to know (2024 update)

Buildium

Property managers are required to request a W-9 from and issue a 1099-MISC form to each owner, attorney, and contractor they work with, so long as payments meet or exceed the $600 threshold. You also do not need to file a 1099-NEC form for any maintenance work or other services done by an incorporated business.

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Run better HOA board meetings: Tips and tools for association managers

Buildium

As the governing body, the board is responsible for making decisions that uphold the community’s governing documents, maintain financial stability, and address homeowner concerns. This includes everything from budget approvals and maintenance projects to resolving disputes and planning community events.

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5 ways for high rise condominiums to save money in 2025

Condo Control

In order to avoid angering residents by issuing hefty special assessments or maintenance fee increases, boards and managers are doing what they can to offset the high cost of maintaining a condo. Condominium corporations participate in a formal tendering process to acquire goods or services from third-party suppliers or contractors.

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2025 HVAC Refrigerant Rules: Downloadable Guide for Property Managers

Lula

Find Money-Saving Options Look for Rebates : Check for government or utility discounts on new, efficient systems. Get Good Deals : Negotiate with contractors for better prices or priority service. For more help with HVAC upgrades or finding rebates, talk to a licensed HVAC contractor or check the EPAs refrigerant resources.

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How can high-rise condos use AI to make things easier?

Condo Control

Forecast maintenance issues to reduce maintenance expenses One property management company estimates that 15% of common element fees are used to cover cleaning services, and maintenance contracts, while another 5% is used for minor repairs and miscellaneous maintenance not included in the reserve fund budget.