how to start an hoa

How To Start An HOA Per State

Homeowners associations are rapidly gaining in popularity in the United States. More and more homeowners are finding the security and ease of being part of a privately governed community appealing compared to the hassle of maintenance. Perhaps your neighborhood is lacking an HOA community, or maybe it has always been your dream to start one.…

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calculator with financial report and pen background | are hoa fees tax-deductible

Are HOA Fees Tax-Deductible?

If you have purchased a home or condo, you are likely paying a monthly fee to your association. The purpose of this HOA fee is to cover repairs and maintenance on the outside of your home or in common areas. While many homeowners wish they could lower their taxable income with HOA fees, the truth…

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repair tools with wooden house model in the middle | what are capital improvements

What Are Capital Improvements?

What are capital improvements, and how does it affect you as a homeowner? Capital improvements definitions can differ from one state to the next, but as a general rule, any permanent change in a community property can fall under the category. Capital improvements can include things like a community pool upgrade or a new condominium…

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