Having too much money is a problem most co-op and condo boards would love to have. But it’s important to deal with a windfall wisely. In the past, if a co-op showed a profit in a given year, it would be able to offset that with depreciation. But we’re reaching the point in 2018 where a lot of cooperatives that were being depreciated over the past 30 or 40 years are going to lose that tax shield.    Read the article………………