With the outbreak of Corona Virus we are seeing many businesses move to remote working as a way to self-isolate and reduce the spread of the virus. Are remote services for Condos and HOAs the new normal after the Coronavirus? The answer for the next few weeks and months is probably yes. Businesses are reducing…
Are you investigating the cost of financial management for your HOA or Condo Community? If you are self-managing you may be paying for things that you’ll save money on. If you are comparing your management company or alternative bookkeeping service there are many items they charge extra for that Community Financials does not charge extra…
Are you a Board Member or a Community Manager in the Denver Colorado area? Interested in HOA and Condo Accounting? Save the date for our Financial Transparency Seminar. Join us March 31, 2020 for a 1-hour seminar at Community Association’s Institute (CAI) Rocky Mountain Chapter’s Spring Conference & Trade show. Come and Learn About: – …
We hear it all the time from prospects – they just joined or are about to join the board and are concerned of personal risk for this unpaid and often underappreciated obligation. We wrote up a 7-page long form article to help you understand the risks and some ways you can avoid them. We spoke…
We hear from hundreds of board members and they have a universal pain point: poor service from HOA and Condo Management Companies. This is especially true for smaller communities or communities with under 100 homes. I was President and Co-Owner of a management company for many years and I wanted to share some thoughts on…
We wanted to let you know about an exciting new resource for HOA and condo boards to learn more about how to better operate their community. We are recording our discussions with industry leaders in a new video series: “Ask an Expert”. In this video you can watch our Ask an Expert video about HOA…
Some prospective clients ask us how we work with board members from a distance? Community Financials communicates with and educates the HOAs and Condos we work for using a variety of methods. I wanted to take an opportunity to share a recent example. We work with a community of several hundred homes in the mid-Atlantic. …
Want to find out if your association needs to file a tax return and what the pitfalls are if you don’t get it right? We discuss the consequences of not filing a tax return, what form to use, what causes a HOA or Condo to have to pay tax and how reserve contributions are handled…
A new addition to our Association Greed series we have a current news story to learn from. Its about a New Jersey & Pennsylvania community association manager accused of stealing one million dollars. This case of homeowner association / condominium embezzlement was alleged have been committed by a property management company principal. William C. Huyler,…
Russell Munz, Founder
Certified Manager of Community Associations (CMCA)
Expert Financial Oversight
Experience the difference with our professional financial services designed specifically for HOAs and condo associations. Simplify your finances with our expert support.
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