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Finance
August 5, 2019
Uncollected assessments and other HOA fees are the source of concerns and questions from many board members. Federal and Texas statutes detail the conditions and procedures […]
January 14, 2019
Accruals, IRS forms, and more! Besides closing out the books for 2018, HOA accountants perform some other important tasks to keep your financials in good order […]
December 6, 2018
Coming out of the Great Recession, many HOA communities realized that they had deferred maintenance which required urgent attention. Some projects that had been viewed as […]
October 1, 2018
Board members understand the benefits and value of maintaining community assets. They also know the negative impact deferring required maintenance can have on property values and […]
June 25, 2018
The following comparison of two commonly used financial reporting methods illustrates the benefits of accrual accounting. Cash Accounting Method If you have ever run a small […]
June 4, 2018
Reserve studies are vital in ensuring that homeowners associations have the resources to maintain, protect, repair, and replace common assets not covered by homeowners’ obligations. Your […]
May 8, 2018
When an HOA board chooses a management company, it enters into a relationship with a long-term partner that should provide invaluable guidance. The right management company […]
January 18, 2018
Short-term rentals, or vacation rentals, vary in both type and duration, but are typically defined as the rental or lease of a furnished home, apartment, or […]