New NC Sales Tax Will Impact Associations Budgets

For those of us that manage associations in NC there was recently a House Bill that was passed that will impact our associations budgets effective 2017. In summary, The NC Dept. of revenue will be taxing certain service providers that provide goods and/or services to our services to your associations. I have included the language of the bill below.   Read the article………….


Related Articles

Developer Control of Homeowner Associations Could Diminish in South Carolina

Senate Bill S.1176 is considered to be the primary legislation that resulted from the Study Committee’s findings. It looks to require a similar phased transition of control as used in H.3217 above.

FHA Relents on Condo Transient Leasing Restrictions

The Federal Housing Administration has announced that condominiums providing bank owned properties limited flexibility from transient leasing prohibitions are now

Court OKs Injunction Mandating Speedy Repairs to Condo Foundation (FL)

Firm partner Michael E. Chapnick wrote an article that appeared in today’s edition of the Daily Business Review, South Florida’s