What You Should Know About the “Home Act”

The HOME Act, or Helping Our Middle-Income Earners Act, was introduced by Representatives Eshoo and Thompson to the House of Representatives on March 3, 2016. It is designed to amend the Internal Revenue Code of 1986 to allow for a deduction for HOA assessments. If you live in an HOA or similar community, you should know a little more about the HOME Act and how it can help you.    Read the article…………..


Related Articles

U.S. Supreme Court Ruling Could Impact Community Associations

The U.S. Supreme Court has been in the news a lot which is not surprising given its recent newsworthy rulings.

Protecting Lenders Making Condominium Development Financing

Financing condominium development involves a great deal of risk as a result of the nature of a condominium and the

HOA Fee Award Reversed Because HOA Elections Win Did Not Qualify For Award Under Frivolous Fee-Shifting Standard

Thompson v. Lakewood Hills Homeowners’ Assn., Case Nos. A144674/A146081 (1st Dist., Div. 5 May 19, 2017) (unpublished) highlights how the