Re: Question re: HOA taxes | <– Date –> <– Thread –> |
From: Jerome Garciano (jlgebox-04yahoo.com) | |
Date: Fri, 10 Jun 2011 10:17:15 -0700 (PDT) |
I referenced a tax article in a Cohousing-L posting in Feb 2010 that covered this topic. If you can't find it, contact me at the info below and I can send it to you. *Jerome L. Garciano, Esq.* Edwards Angell Palmer & Dodge LLP 111 Huntington Avenue Boston, MA 02199 Direct Dial: 617.239.0285 Direct Fax: 888.325.9042 Main Dial: 617.239.0100 Email: jgarciano [at] eapdlaw.com www.eapdlaw.com On Fri, Jun 10, 2011 at 12:22 PM, Zita Xavier <zitaxavieris [at] gmail.com>wrote: > > Hi Everyone, > At Heartwood Cohousing, a private group within our community has developed > Heartwood Farms. In consideration now is whether or not to officially > incorporate Heartwood Farms under our HOA structure. One concern is the > impact on HOA taxes. Now in year three, our very successful Farm is still > in > the building out stage and we are looking for ways to raise money to build > a > barn and some other outbuildings. We know HOAs have to pay big taxes on the > wrong kind of income, maybe as high as 50%? Ouch. How would this impact us > if we're raising large amounts of income, paying back loans, buying assets, > or saving up to buy future assets? Can anyone give us some insight on HOA > tax law? > Thanks so much, > Zita Xavier > _________________________________________________________________ > Cohousing-L mailing list -- Unsubscribe, archives and other info at: > http://www.cohousing.org/cohousing-L/ > > >
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Question re: HOA taxes Zita Xavier, June 10 2011
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Re: Question re: HOA taxes John Beutler, June 10 2011
- Re: Question re: HOA taxes Sharon Villines, June 10 2011
- Re: Question re: HOA taxes Jerome Garciano, June 10 2011
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Re: Question re: HOA taxes John Beutler, June 10 2011
- Re: Question re: HOA taxes Sharon Villines, June 10 2011
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