Cohousing-L Mailing List: Re: Getting New Members to Make a Commitment

[Fred H Olson (fholson]

MikeAngelastro [at] comcast.net
is the author of the message below.
It was posted by Fred the Cohousing-L list manager <fholson [at] cohousing.org>
after deleting long quote except for relevant portions (and reformating
to the prefered "top quoting" format).

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Please delete most quoted text unless it is needed for context for your
reply.  Fred

--------------------  FORWARDED MESSAGE FOLLOWS --------------------
"Mac Thomson" <mac [at] heartwoodcohousing.com> wrote:

> We are a 24 unit community that moved in in 2000. We had various
> incentives in place that I think were VERY effective.
...

> BTW, we required a $6000 nonrefundable deposit to become a member.
....

How is the $6000 nonrefundable deposit disposed of and what is the tax
effect on the HOA?