With all the responsibilities your self managed HOA has to take on, it’s easy to overlook taxes. After all, an HOA is set up to support its community, not operate like a traditional business.  Most HOAs aren’t tax-exempt. The good news is that filing HOA taxes is typically a piece of cake. The 1120H is one of the easiest forms the IRS has, and with comprehensive HOA bookkeeping, you can ensure this gets done on time each year.  And while the 1120-H is straightforward, there are some things board members should know. To help you out, we’re breaking down some of the essentials surround ..read more

If you are a board member or leader of your condo association, lawsuits — both frivolous and this serious — can make self managed HOA management a difficult sea to navigate. Without the proper HOA management HOA software, most are sure to fail. Here are some things to know about the most common types of lawsuits condo residents file against their HOAs, and the best ways to prevent, manage, and resolve disputes.  What’s different about dispute resolution in a self managed condo association vs. a condo managed by a property management group?  Disputes are seldom pleasant and can always ..read more

Managing the finances of a homeowners association (HOA) can be daunting, especially when the responsibility falls on the shoulders of volunteers. While their intentions are commendable, the complexity of HOA bookkeeping tasks often leads to errors and oversights, even when using a software platform built to make it easy! Recognizing these challenges, PayHOA offers comprehensive bookkeeping services designed to streamline financial management for HOAs, from HOA chart of accounts entry to reconciliation. With a deep understanding of the unique requirements of HOA bookkeeping, PayHOA provides an ..read more

More and more homeowners associations are ditching their property management companies in favor of self-management. Considering the ways third-party management companies tend to create more problems than they solve—with vague communications and inconsistent maintenance all while steadily increasing their fees—you might be wondering why your HOA didn’t switch to a self-management approach sooner.  But to truly enjoy all the benefits self-management has to offer, your board will need to be equipped with the right HOA management tool. Disparate spreadsheets and paper files are simply not eno ..read more

Do you have a friend or neighbor who has offered some fresh eggs or honey from their backyard? Perhaps you’ve thought about getting a goat or two to mow your grass? The instance of keeping livestock at home–modern homesteading–has increased dramatically, especially since 2020. While this lifestyle may seem appealing to some, not everyone feels that way, and this can bring conflict to neighborhoods–in particular, those with HOAs (homeowners associations). With HOA management software, it is much easier to communicate with homeowners and ensure everyone understands the rules. Keeping livestock i ..read more

A Homeowners Association or HOA is a group of homeowners in a defined area run by a board of neighbor volunteers. The HOA board oversees the management of neighborhood services. These may include maintenance of common areas, trash pickup, and snow removal. The HOA also establishes and enforces community rules. But, the community’s HOA performs an essential function outside of collecting dues and enforcing regulations. The HOA is a central hub for communication among residents. Most HOAs are nonprofit organizations run by volunteers who live in the community. Because an important aspect of thei ..read more

HOA owners want their membership and participation in their HOA to be as trouble-free as possible. HOA board members, too, aim to provide the benefits of HOA membership with a minimum of conflict, confusion, and mistakes. HOA accounting software can ensure that all parties can meet these goals. Software specifically designed to meet the needs of HOA leaders and members streamlines all the processes for which board members are responsible and makes HOA business transparent to members.  Board members unfamiliar with digital tools to facilitate their HOA work may initially resist utilizing t ..read more

A Homeowner’s Association (HOA) is an organization of homeowners in a community that creates and enforces rules relating to the properties within that community. More than 74.1 million Americans reside in subdivisions, condominium communities, cooperatives, and planned communities overseen by HOAs. Typically, when a property within an HOA is purchased, the owner automatically becomes a member of the HOA and must pay associated fees. HOAs can regulate the use of property, enforce HOA policies, and have a significant impact on the property owner’s rights. HOAs share a few essential goals: pres ..read more

If 2023 was the year of manual data entry, we’re here to help you usher in a tech-forward era for your self-managed homeowners association (HOA). HOA Software can breathe new life into your new year, making it easier, faster, more efficient, and—dare we say—enjoyable for your association’s volunteers. Homeowners who volunteer to serve on the board or take on specific roles spend hours each month handling administrative tasks, attending meetings, and addressing issues within the community. From financial management and resident communications to vendor management and conflict resolution, there ..read more

One of the reasons why some HOA management is often reluctant to switch to modern HOA software is that they are concerned about security risks. They feel more comfortable using Microsoft Excel or handwritten notes. But these outdated methods are time-consuming, inefficient, and unreliable. They are also less secure than you might think they are; computers can get hacked, or written notes can be lost or stolen.  A far better solution is to use software designed specifically for HOA management. Ideally, you want to use a single software for multiple aspects of HOA management. The best HOA ..read more