What is considered a short-term rental? Short term rental, also known as vacation rentals, is the renting out of a home, apartment, or condominium for a period shorter than a traditional lease. Short-term rentals are especially popular in destination areas. Usually the owners will rent out their property for the week, or sometimes even overnight…
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If you have purchased a home or condo, you are likely paying a monthly fee to cover repairs and maintenance on the outside of your home or in common areas. You may be wondering whether this fee is tax deductible. The answer regarding whether or not your HOA fees are tax deductible varies depending on…
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One of the most important jobs on the board of a homeowners association is the position of HOA treasurer. The position is much more than a simple knowledge of how to manage finances, (although this is also important). There are many qualities of a treasurer that are are valuable, but we have put together a…
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Within the very nature of an HOA itself lies the assumption that repairs, upgrades, and refurbishments of the property and buildings will at some point become a necessity. The HOA exists to fulfill these general necessities. Certain of these updates are referred to as “capital improvements”. These repairs are generally limited to around 5%-10% of…
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A homeowners association is a community of homes and residents that takes care of the exterior of the homes and properties. Each month, homeowners in an association expect to pay a fee for being a part of the community. Many people happily pay the fee and are thankful for the services that the HOA provides…
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Staying up to date with current trends and providing competitive amenities is one of the best ways to attract tenants who care as much about your community as you do. When looking to raise the bar, looking beyond the basic conveniences will boost your overall appeal, increase the value of your property, and make your…
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Whether the buildings in your HOA community are old or new, mold is a common problem in moist climates. This article contains answers to some of the most common questions regarding mold in an HOA community as well as suggestions on how to tackle the problem and prevent further breakouts. Common Questions About Mold:…
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If you are the new manager of an HOA or a new leader in the board, it may have come to your attention that certain rules have been passed over or relaxed, lulling residents into a sense of complacency. HOAs are notorious for not enforcing the rules that residents agree to when becoming a member…
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One of the most common complaints that HOA boards receive is regarding secondhand smoke from a neighbor. This is also one of the most difficult issues to navigate as there are often strong feelings on both sides and laws surrounding the issue are not clear-cut. Even if the HOA is in agreement that a smoke-free…
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HOA meetings can be a source of frustration for the leadership and the members of the board. Perhaps the meetings are disorganized with far too much time spent on unimportant issues, or maybe your meetings feel like a three or four hour marathon where nothing gets accomplished and everyone’s time is wasted. Whatever the reason…
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Cedar Management Group
PO Box 26844
Charlotte, NC 28221
Phone: (704) 644-8808 Toll Free: (877) 252-3327
Fax: (800) 334-0526