Cohousing-L Mailing List: Re: Property Taxes on Common Property

[drmaryanngroups (drmaryanngroups]

Our community (organized as an HOA) is it's own entity for tax purposes. Taxes 
are merely an expense item on our community budget and paid out of our dues.

Mary Ann
Manzanita Village where our garden club is busily filling our new hoop garden 
with baby plants
check it out at http://preview.tinyurl.com/6udcgxt
On Mar 29, 2012, at 7:34 PM, Shari Hirst wrote:

> 
> ElderGrace in Santa Fe, NM, is wondering how other CoHousing communities 
> handle property taxes on their Common buildings. Do you pay property taxes on 
> Common buildings and how are they collected? Does your County divide it and 
> charge each member for their share or does your County charge your HOA a 
> separate bill? Thank you for your information. 
> 
> Shari Hirst
> sharihirst13 [at] gmail.com    
> ElderGrace CoHousing
> Santa Fe, NM  87507
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--
A complex system that does not work is invariably found to have evolved from a 
simpler system that worked just fine.

Mary Ann Clark                                                  drmaryann49 
[at] mac.com
Check out DrMaryAnn's Academy at http://drmaryann.wordpress.com/