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Community Association Reserve Study | A Fool And His Money

Community Management, Board Education, HOA accounting, Condominium Association, Homeowner Association

We all know we need a commmunity association reserve study – well, we mostly do, right? However, do we utilize these reserve studies in the way that was intended? Are we USING these reserve studies to plan ahead, research and study possible scenarios?

By Kara Cermak, CMCA®, AMS®, PCAM® on Jan 30, 2018 8:04:00 AM
   
Community Association Reserve Study | A Fool And His Money

We all know we need a commmunity association reserve study – well, we mostly do, right? However, do we utilize these reserve...

By Kara Cermak, CMCA®, AMS®, PCAM® on Jan 30, 2018 8:04:00 AM
Financial Review vs Audit - What HOAs and Condominiums Need to Know

The end of the year is approaching fast. One of the many things homeowners associations (HOAs) and condominium associations...

By Staff Writer on Dec 27, 2017 8:00:00 AM
Creating an HOA Budget Committee

Your homeowners association has set up a board of directors that will help govern the HOA. Not every responsibility,...

By Staff Writer on Oct 24, 2017 8:00:00 AM
Why Does Your HOA Board Need to Maintain Reserve Funds?

You probably receive your HOA's annual budget for review and notice the line item called "reserve fund." You probably...

By Staff Writer on Sep 28, 2017 8:00:00 AM
HOA Taxes | What Tax Forms Are HOAs Required to File?

In the United States, there are more than 351,000 Homeowners Associations (HOAs).  They represent about 40 million...

By Staff Writer on Sep 19, 2017 8:00:00 AM
Proactive HOA Budgeting for Your 2018 Capital Improvement Projects

Proactively planning your 2018 capital improvement projects is a key step in your 2018 HOA budget preparation process....

By Staff Writer on Sep 5, 2017 10:53:52 AM
Understanding the Why's Behind an HOA Special Assessment

An HOA special assessment is a fee that is charged to each housing unit within a development, to be used to cover an...

By Staff Writer on May 30, 2017 7:30:00 AM
HOA Accounting | Understanding Different Methods Available

 

There are three main methods of accounting that HOA management companies use. These are GAAP accounting (accrual...

By Staff Writer on Apr 25, 2017 7:30:00 AM
The Best Banking for a Homeowners Association

Written by John Garvin, Senior Vice President RealManage Colorado

We all love shopping for locally-sourced goods, and I am...

By John Garvin on Apr 20, 2017 7:30:00 AM
Understanding Your Monthly HOA Financial Reports

Homeowner Association fees help to maintain the property of community residents and to improve the overall quality of the...

By Staff Writer on Apr 13, 2017 7:30:00 AM