HOA Taxes | What Tax Forms Are HOAs Required to File?

In the United States, there are more than 351,000 Homeowners Associations (HOAs). They represent about 40 million households, or 53% of the owner-occupied homes in the country. Said differently, if you own your own home, there’s a good chance that you’re part of an HOA. Given how widespread HOAs are, it’s surprising that most people know very little about how HOAs operate. For example, are HOAs corporations, are they required to file tax returns and, if so, what kind of tax form do they file?  Here are 5 of the more common questions and answers about HOA taxes reporting requirements:    Read the article……………


Related Articles

Five Steps to Becoming a More Effective Board Member

Being a volunteer board member can sometimes be stressful and time consuming, but before you decide to throw in the

Energy Efficiency and your HOA Community

Taking your HOA to a place of energy efficiency doesn’t have to mean accepting a different standard of living. With

It’s all about the Planning! – Tips to getting an Association Loan

The key to obtaining an association loan is to be prepared and follow best practices. The planning that is done