HOA taxes are a confusing topic for many community associations. Despite being non-profit organizations, HOAs are still required to pay taxes. How does it all work and are dues tax deductible? Let’s find out. Do HOAs File With the IRS? Are HOAs tax exempt or do they need to file their taxes just like…
There are several federal laws on HOAs that communities must comply with. The board needs to understand these laws to make sure they avoid liability. What Are the Federal Laws on HOAs? Homeowners associations are generally limited by what’s stated in the governing documents. However, just because something is not prohibited in the community’s…
How do you fill a vacancy in HOA board positions? This problem can be disruptive to community operations and challenging to overcome. But, while the process may be time-consuming, it’s certainly worth the difficulty to keep your homeowners association healthy. How to Fill a Vacancy in HOA Board Positions Vacancies in the HOA board…
Leaders of organizations, corporations, and governments should abide by a set of ethical standards when performing their duties. This also applies to volunteer leaders of homeowners associations. Here is your guide to HOA board member ethics. The Importance of HOA Board Member Ethics A homeowners association is led by a group of board members known…
First enacted in 1963, the Ohio Condominium Act has understandably fallen behind the times, especially when it comes to solar access. Now, Senate Bill 61 seeks to change that. Senate Bill 61 Makes Solar Access Changes to the Ohio Condominium Act Senate Bill 61 was recently signed by Gov. Mike DeWine. Now law, the…
An HOA flag display is a common point of dispute among homeowners and their associations. So, should homeowners associations allow residents to display flags on their property? What kind of flag restrictions should an HOA impose? The HOA Flag Display on the Fourth of July While Independence Day is more typically associated with backyard…
Homeowners in Ohio have long battled their HOAs for the ability to install solar panels on their homes. Now, with the introduction of a new bill, that may very well soon change. Learn more about the new Ohio HOA solar bill below. Understanding Ohio HOA Solar Restrictions Anyone who has ever lived in a community…
The Kentucky Homeowner Assistance Fund is designed to help homeowners avoid foreclosure. But, not all homeowners are eligible for the program. What Is the Kentucky Homeowner Assistance Fund? In collaboration with the Kentucky Housing Corporation (KHC), a program called Team Kentucky Homeowner Assistance Fund (KYHAF) was launched to assist homeowners affected by the COVID-19 pandemic.…
Homeowners associations, particularly larger ones, utilize all sorts of committees to help complete day-to-day tasks. Learn how you can set up your own HOA committees below. What Are HOA Committees? An HOA committee is a group of community members tasked with helping the HOA board with a specific job. Similar to the HOA board,…
HOA board fatigue is a real phenomenon that many community associations experience. But, what exactly are the symptoms of board fatigue? And how has the pandemic contributed to its rise? What Is HOA Board Fatigue? The definition is in the name — HOA board fatigue is when members of a condo or homeowners association…