Cohousing-L Mailing List: Replacement Reserve Analysis

[David Heimann (heimann]

Hi Harriet,

	I'm not aware of the need to pay taxes on reserve funds, so if you 
find something out otherwise that's applicable outside of California, 
could you please let me (and the list) know?

Thanks,
David Heimann
JP Cohousing

where for the first time since move-in a unit has become available, a 
2 bedroom.  Contact info [at] jpcohousing.org for further information.



Date: Sat, 25 Aug 2007 10:58:45 -0700
From: Harriet Lewis <hlewis [at] sonic.net>
Subject: [C-L]_ Replacement Reserve Analysis
To: cohousing-l [at] cohousing.org
Message-ID: <E03E23D1-B127-45E6-9E1C-51AA4F9D0922 [at] sonic.net>
Content-Type: text/plain; charset=US-ASCII; delsp=yes; format=flowed

Does anyone know of an expert Replacement Reserve Analyst in the
California Bay Area (including Sonoma, Napa, Solano, counties) ?  We
have done our own replacement reserve schedule for 25 years but now
feel in need of getting some expert advice.

Another question:  This year we put more in our Replacment Reserve
Fund than we spent (not an unusual event) but are told by our
accountant that we need to pay tax on that money.  Anyone have any
experience with that point of view?

Harriet Lewis, Santa Rosa Creek Commons