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HOA 101: The In's and Out's of HOA Financials and Audits

HOA 101: The In’s and Out’s of HOA Financials

“The hardest thing in the world to understand is the income tax.” That statement, attributed to Albert Einstein, is widely thought to be true. But we find that the financials of a community (or homeowners) association – most of which are nonprofits – can be just as confounding as those pages upon pages of personal […]

by /Beginners Guide for Rookie Board Members, HOA Accounting, HOA Law, Rights and Responsibilities, Uncategorized
5 Ways To Ruin HOA Collections

5 Ways to Ruin Your HOA Collections Process

Managing the collections process of your homeowners association can be a dicey undertaking when unpaid dues increase in frequency (or length of delinquency). However, if you self-manage your HOA collections, it’s especially important that the process is done, and done well. If there’s one thing that will make your homeowners angry, it’s the delinquent dues […]

by /Beginners Guide for Rookie Board Members, HOA Directory and Officer Liability, HOA Law