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Your Ultimate Guide to HOA Fees

HOA fees — they are a staple in any given homeowners association. But, what are they exactly? And what purpose do they serve?   What Are HOA Fees? What is an HOA fee? Also known as HOA dues, HOA fees are fees that homeowners associations collect from its members, i.e. homeowners. When homeowners purchase a…

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homeowner's association tax | form 1120-H for HOAs

What You Need to Know About Form 1120-H

Are HOAs required to file tax returns? Even though they are non-profit organizations, all HOAs must still file their income tax return each year. To better understand the requirement, here’s everything you need to know about the homeowners association tax form, also known as Form 1120-H for HOAs.   What Is Form 1120-H for HOAs?…

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