Are HOA Fees Tax Deductible?

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 the situation. A few common circumstances are listed below.   Read the article……………..


Related Articles

Mind the Gap: Understanding Your Insurance Responsibilities

Insurance is designed to be there for us when we need it most. Without knowing the full extent of our

The Death of Civility – Why Do Community Association Board Members Serve?

I have been to a number of community association meetings in the past year, and too many of them were

Court Ruling May Result in Property Tax on Previously Exempt Community Association Property (NV)

A recent Nevada Supreme Court decision suggests that community association common areas may be subject to property tax based upon