HOA reserves investment plan
From: Sheehan, Chris (Chris.Sheehanmoltech.com)
Date: Mon, 7 May 2001 09:02:01 -0600 (MDT)
>From Chris Sheehan @ Sonora Cohousing in Tucson,

What are other communities in the US doing with there long term reserves for
major structural replacements (roofing the whole community (50 years for us
since we have metal roofs), swimming pool replacement, painting, parking
resurfacing, etc...) ?  We are interested in maximizing our return
conservatively and incurring a minimum of federal taxes. Some options are -
Vanguard S&P 500 index fund or tax deferred investments.  Also curious about
which types of investments are used for various lengths of time (very short
term liquid, medium term (5-10 years), long term (10+ years).  Any advice on
this and HOA dues investment or taxes in general would be greatly
appreciated (even if it is boring).

Chris Sheehan

Sonora Cohousing is close to having our straw bale common house finished (at
least ready for furnishings and Kitchen installation), our pool should be
ready in 2 or 3 weeks (need it now!), our botanical garden-like landscaping
is very close to completion, our workshop (to be built w/ sweat equity)
plans are going to the city today and the kids are scurrying about like (you
choose) 1) cute munchkins 2) feral pigs.  I choose 1) as one of those
munchkins is mine.
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