Re: Babysitting expenses
From: Robert Heinich (rheinichus.ibm.com)
Date: Tue, 23 Oct 2001 15:47:01 -0600 (MDT)
Chris,
Please let us know what you find out.
-Robert
Eno Commons, Durham, NC



                                                                                
                                       
                    "Sheehan, Chris"                                            
                                       
                    <Chris.Sheehan@moltec       To:     "'cohousing-l [at] 
cohousing.org'" <cohousing-l [at] cohousing.org>      
                    h.com>                      cc:                             
                                       
                    Sent by:                    Subject:     [C-L]_Babysitting 
expenses                                
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                    10/23/01 12:58 PM                                           
                                       
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Sorry to bring this up again, but I would like a clarification form those
in
the know.  It appears from my reading of the tax form (US HOA) that
babysitting is not an acceptable expense to be included in HOA dues (into
an
official HOA account).  Also, I have been given some documents from
Wonderland, which in turn were provided by Nyland which contained a CPA's
opinion about which expenses/incomes were valid.  It stated that things
like
meal programs and babysitting were not valid as well.

Are there any communities that include this expense in their official HOA
account/dues?

If so, do you know positively that this is a legitimate expense?

My assumption is that we will need to set up a separate private account to
handle such items.

Thanks,

Chris Sheehan

>From Sonora Cohousing in Tucson, where we are having fun with:
-          how should we pay for babysitting
-          deciding how to spend our profit
-          Halloween activity and inclusion of surrounding neighborhood
-          Donation/chipping in for stuff/equal assessment
-          Teen/exercise room logistics
-          Chalk writing on the sidewalks
-          Ping pong and pool tables
-          Lack of storage
-          Meal pricing and no show payments

AHHHHH!


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