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HOA Candidate Qualifications: Not Everyone Can Run For Position

HOA Managememt

Usually, these qualifications are listed in governing documents. Vendor or contractor relationship: To avoid any conflict of interest, HOAs disqualify homeowners affiliated with vendors. However, this depends on what’s stipulated in the governing documents and board policy. This means renters or family members can’t do so.

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HOA Collection Laws In The U.S. (50 States) For Fair Debt Collection

HOA Managememt

No specific federal law governs collection practices specifically for HOA communities. Most debt collection practices are governed by state law, and your specific homeowner’s associations governing documents tackle the process. In a nutshell, this law governs how these agencies should collect debt and unpaid dues.

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Are Housing Societies Taxable? Income Tax Rules Every RWA and Apartment Association Must Know

ADDA

TDS on payments to contractors and professionals If a RWA pays a professional more than ₹30,000 or a contractor more than ₹30,000 (in one payment) or ₹1 lakh (in a year), TDS must be withheld under Sections 194C and 194J, respectively. Which court decisions clarified the RWA income tax regulations?

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HOA Summer Preparation Checklist: Getting Ready For Warmer Months

HOA Managememt

Service should include: Cleaning vents and ducts Replacing air filters Checking refrigerant levels Testing thermostat settings Inspecting for leaks or worn components For communities where individual homes manage their own HVAC systems, board members can still share seasonal reminders or contractor recommendations with residents.

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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. These materials may include financial reports, proposed budgets, contractor bids, and correspondence from homeowners.

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6 Property Management Tax Mistakes: Are You Making Them?

Buildium

Advertising to influence government legislation, however, is never deductible. Employees and Contractors If you hire one or more employees, your payroll, as well as costs such as health insurance and other benefits are fully deductible. When you hire an independent contractor, that cost is deductible, too.

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Bill 30 could make condo living easier in Alberta

Condo Control

Alberta has tabled legislation that aims to improve governance in condominium communities. Bill 30 , the Service Alberta Statutes Amendment Act, 2024, would impact three different Acts: Condominium Property Act Prompt Payment and Construction Lien Act (PPCLA) Public Works Act (PWA) Developers and contractors would also benefit from this Act.