Re: New House, New HOA, New Issues

Re: New House, New HOA, New Issues

  Home | Guides | Register Now! | Search | About
 misc.consumers.house.homeowner-assn    Post an article   get this group's latest topics as an RSS feed add this group's latest topics to your My MSN content add this group's latest topics to your My Yahoo content
 Re: New House, New HOA, New Issues Subcomandante Reply Send to a Friend   Print
 
Subject Author Date
New House, New HOA, New Issues Steve Cerruti 02-21-2006
Steve Cerruti wrote:
> I was hoping to solict other's experiences with associations dealing
> with similar lobbying efforts and where the line was drawn. As well as
> general opinions on whether boards have/should have the power to spend
> association money to battle municiple projects/zoning changes etc that
> could have an impact on property values.
>

"This will continue until they are resisted with either words or blows,
or with both." - Frederick Douglas, 1857.

Steve you know the truth why do not you act on it.
Bolshevism has no limits you elected to be a Bolshevik so enjoy.
-Sub


> Additionally I was hoping someone would mention the tax implications
> for an HOA to conduct such actions. My understanding is that as long as
> the board stops short of endorsing candidates that its IRS non profit
> status is protected, however that is often a next step in these types
> of campaign.
>
> In this case the association has
> a) spent money on communications
> b) spent money for an impact study
> c) spend money on a lawyer to do SCC filings
> d) worked with a legislator to write legislation (spent money?)
> the next logical step is to ensure that your legislator is re-elected,
> this of course would be a no-no.
>
> Finally I was hoping to generate some discussion of the concept of
> Limited Common Expense because I had never encountered it before.
>
> Unfortunately there isn't enough serious traffic on this group to
> support such discussions, so mostly I was recording my thoughts on the
> matter for posterity.
>


other useful resources:
Government National Mortgage Association - Ginnie Mae
The National Home Equity Mortgage Association
Fannie Mae Mortgage
Movie-Corner.com Movie Blog