Securing the Future
In 2024, it’s crucial for small businesses and associations to recognize the urgency of cybersecurity. Take proactive steps now.
IRS Revenue Ruling 70-604 – Information and Best Practices
Revenue Ruling 70-604 was adopted by the IRS in 1970, so that homeowners and condominium associations would have the option to move excess member income forward to the...
Legal Update: The Corporate Transparency Act as it Applies to Community Associations
By SCOTT CARPENTER, Esq. Carpenter Law Firm | www.carpenter.law You may recall some previous correspondence from HOAMCO regarding the Corporate Transparency Act and...
What in the World is Escheatment?
Escheatment is the process of an institution handing over unclaimed property to its state. How does this impact homeowner associations?
HOAMCO recommends the Firewise® Principles
The following information is abbreviated content available from the National Fire Protection Association (NFPA): Protect Lives and Property Every year, as devastating...
Social Media for Your HOA
HOA’s are asking if they should begin taking Social Media seriously. Homeowners are getting much younger, with both Millennials and Gen Z’s wanting their own...
Welcoming Your HOA Renters
Renters moving into a new home can be an exciting yet stressful experience. As they meet new people as well as learning HOA rules and regulations, it can be...
What Makes a Good Reserve Study?
Everyone wants a good reserve study. What does that imply, though? Here’s a list: 1. All the “right” components on your Reserve Component List (none missing that should...
Electric Vehicle Charging Stations in HOAs - What Boards Need to Know Electric vehicle ownership is on the rise. Especially in densely populated states, owning an...