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Accounting Services for HOAs and Condo Communities

Homeowners Associations (HOAs) and condo communities use accounting services.  However accounting service is a broad term and can mean different things to different people.  In this post we are going to explain the various accounting services for HOAs and Condo...

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The Best Way to Get a HOA or Condo Project Loan

Getting a loan to buy a home or condo is a real chore.  Now think how difficult it is to get multiple bids for loans for a community to do a capital project? Need a new roof, new windows, new siding, new boiler, or new paving?  As the community gets older its...

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Close Your Old HOA and Condo Bank Accounts

In our continuing education class “Financial Best Practices for Homeowner Associations and Condo Communities” we recommend managers and board members close old bank accounts.  In this post we are going to discuss why you should close your old HOA and condo bank...

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Reduce Risk: Outsource Your HOA or Condo Community Payroll

Doing payroll is straightforward and easy right?  Not really.  Many communities and management companies get tripped up by payroll.  Don’t be ashamed I know a lot of accounting companies that outsource payroll to experts as well.  This post discusses how to reduce...

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Community Financials is Now Licensed in Colorado

Colorado’s Community Association Manager Licensing (CAM) Law is scheduled to “sunset” on June 30th, 2019.  However, there is a Bill in the Legislature that is expected to provide a continuation of licensing for CAMs.  As some of the activities we perform for HOAs and...

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Condo and HOA Debit and Credit Card Fraud Case Studies

Many associations use credit cards or debit cards for handling some expense items.  We don't agree with this practice as it can lead to abuses and fraud.  With good planing and budgeting an association should be able to do with out these payment methods.  We wanted to...

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Long Form Articles

If you like our blog posts you will love our long form articles.

They are packed with useful information to help your Board.

10 Steps to Self-Manage your HOA/ Condo Community

Save over 50% of a full management fee while still receiving support from professionals with a majority of the tasks involved in operating a community.

What Laws Does the State with the Most Condos & HOAs (Florida) Have That You Can Learn From?

Florida has the most HOA and Condo Communities in the country. They have many laws that make sense to help protect owners.

Top 11 ways to Avoid Fraud Theft at your HOA Condo Community

Use this as a resource to start a conversation with your Board.

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Why Community Financials Exists

TOPS Software Owner Access

Online Bill Approval = Transparency

Caliber Software Owner Portal