Re:home owner's association (1 viewing) (1) Guest
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TOPIC: Re:home owner's association
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Samantha (User)
Expert Boarder
Posts: 91
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home owner's association 8 Months, 3 Weeks ago
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Karma: 2
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client plans on developing parcels of land and wants to establish a homeowner's association. Does a tax return need to be filed for it? Does it pay taxes or is it exempt?
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Tomas (User)
Senior Boarder
Posts: 69
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Re:home owner's association 8 Months, 2 Weeks ago
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Karma: 3
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a homeowner's association is usually setup as a non-profit corp and needs to file a tax return.
This question goes over looked very often. IRS needs to make it simplier and easier to file.
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