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HOA Management Blog

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Woman Calculating Accounts

The Top 5 Bookkeeping Benefits for HOAs

Homeowners associations process a lot of transactions in their day-to-day operations. They collect membership fees, dues, and HOA assessments. They also pay vendors and service providers for various services to

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Do HOAs File Tax Returns?

Do HOAs File Tax Returns?

Homeowners associations are nonprofits, meaning they are probably exempt from paying taxes. However, there are different categories of nonprofits, with HOAs classified as common interest realty associations (CIRA). Under federal

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How To Check an HOA’s Financial Health

How To Check an HOA’s Financial Health

An HOA cannot operate without adequate funds. It requires finances for repairs, renovations, upgrades, routine maintenance, long-term projects, and daily expenses. Misappropriation of finances and resources can impede an HOA

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