HOA
7 Ways to Handle HOA Accounts Receivable
Why did you join your HOA Board? Maybe you wanted your voice to be heard on the approved paint color schemes. Or you felt you could lend your handyman/handywoman experience to the new mailbox project. The fact is, most people join their HOA Board to help foster the betterment of their community, not to enforce…
HOA Tax Return Guide
Have you been charged with filing taxes for your Homeowners Association? In general, HOAs don’t pay taxes because they don’t have a profit. In other words, the income that comes in (membership dues, fees, assessments) is used on the usual maintenance stuff and it’s all a wash. However, HOAs must still file a federal tax…
The Fine Line of Enforcing HOA Rules
Rules were made to be broken, right? Well, not entirely. Especially when your job is to keep homeowners happy. When rules aren’t followed, affected homeowners get cranky. And just who do they get cranky with? The HOA, of course. If you’re on your community’s Homeowners Association, enforcing HOA rules might be black and white, or…
Wrapping Up the End of Your Financial Year [Homeowners Associations]
The end of the year is approaching, which not only means wrapping presents but wrapping up your year. For some, a new year also marks a new financial year for your Homeowner’s Association. So if you’re a part of your neighborhood HOA, you may be feeling overwhelmed. Don’t worry though, we will help you figure out what…
HOA Transitions: The Good, The Bad, The Ugly
HOA transitions are sometimes scary because change is hard! Switching up the HOA board might make you nervous regardless if you are an incoming or outgoing board member. We have a few tips to help you navigate this time as smoothly as possible. Bootcamp Pick a time where all of the new and past board…
How To Plan An Effective HOA Board Meeting
You may have been given the task of planning a board meeting for your HOA. This may feel like a daunting task but we have a few tips that will help you along the way. Create An Agenda Creating an agenda for your meeting is crucial in order to keep your meeting on task. Without…
3 Questions HOAs Should Be Able to Answer For Any Member
If you are on the board of a Home Owner’s Association, you are a source of information for members. You may want to hold a Q&A session where members can feel comfortable asking questions. There are pros and cons to hosting HOA meetings, so you should consider if it is a good option for your…
Treasurer Transition Strategies for HOAs
Serving as the treasurer for your HOA Board of Directors is an important job. To make your job as treasurer a little easier, there are a few things you can do to smooth your transition onto the Board. Smooth transitions are not only key to your success but they can aid in future changeover which…
What to Do When a Homeowner Won’t Pay Annual HOA Dues
When a homeowner becomes a part of a homeowner association they typically understand the necessity for paying annual HOA dues. However, there are a number of reasons that a homeowner may not pay the dues. Annual HOA dues are an important part of the functioning of an HOA as these funds are used to help…
Neighborhood Winterization Ideas for HOAs
It’s that time of year again. The leaves are falling, the temperature is dropping and you might even see a few snowflakes in the air. For a Homeowners Association (HOA) this is a time to get a few loose ends organized to ensure that your property is protected during a long period of inclement weather.…
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