Re: Once You've Moved in, How DO You Manage Things? | <– Date –> <– Thread –> |
From: Barb Andre (mbawebaccess.net) | |
Date: Wed, 16 Sep 1998 09:06:38 -0500 |
> Date: Tue, 15 Sep 1998 23:47:27 -0600 > From: "Willie Schreurs" <Willie [at] Greyrock.org> > Subject: Re: Once You've Moved in, How DO You Manage Things? > HOWEVER, if you use the HOA for anything that could be > construed as for-profit (the meal program would be one, for example) > it could lose its tax-exempt status. As a point of clarification: our HOA does not have a tax-exempt status. However, there are few ways to lower taxes on an HOA tax return. The corporation is able to use depreciation of assets as an expense--and other corporate tricks--so that a lower profit is shown, hence lower taxes. Barb Andre Greyrock Commons Fort Collins, CO
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Once You've Moved in, How DO You Manage Things? LouHarr, September 14 1998
- Re: Once You've Moved in, How DO You Manage Things? Lynn Nadeau, September 15 1998
- Re: Once You've Moved in, How DO You Manage Things? Willie Schreurs, September 15 1998
- Re: Once You've Moved in, How DO You Manage Things? Barb Andre, September 16 1998
- RE: Once You've Moved in, How DO You Manage Things? Rob Sandelin, September 16 1998
- Re: Once You've Moved in, How DO You Manage Things? lilbert, September 16 1998
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