HOA fees and assessments in high-risk markets For markets at greater risk for extreme weather and other dangers, though, that percentage is much higher. For example, the same study shows that the cost of HOA fees in Tampa, Florida — recently hard-hit by Hurricane Milton — rose more than...
Rising insurance premiums are also pushing up the cost of HOA fees. One Florida condo association’s property insurance shot up nearly 1,000 percent this summer, according to theTampa NBC affiliate. HOA fees and location U.S. metro areas with the highest inflation in 2022 ...
HOA fees aren’t tax deductible if the property is your primary residence. If you purchased the home as a rental property, you can deduct HOA fees because they’re considered a rental expense. Even if you live in the rental property for part of the year, you can deduct the fees for th...
“Directors in Florida are held to a standard of care that requires them to seek and rely upon the opinions of trained professionals where appropriate,” says Attorney Jonathan S. Goldstein, a senior associate at the law firm of Haber Slade in Miami. “In many instances this includes legal c...
Keep the value in the owners pockets, high HOA fees, unclean property and poor amenities hurt resale value. I personally would love to have a Dog run in the grassy area. We have a lot of dog owners and that would be an excellent opportunity for them to socialize, both owners and pups...
12/9/2024 New Florida Legislature leaders take control in Tallahassee, no plans for condo special session - Click Orlando 11/25/2024 ‘My Safe Florida Condo' program hits maximum application limit - NBC 11/20/2024 No delay on looming deadline for condo repair fees, Florida GOP leaders de...
Monthly Fees for Co-ops & Condos Up All Over the U.S. Tapping Reserves in a Time of Financial Hardship An Option to (Carefully!) Consider What to Do About HOA Finances & Arrears During Coronavirus How Associations Should Respond Winter ...