March 14, 2025
HOA Property Management
Cost/Value Management | Ongoing improvement program to enhance property value |
Effective operating and reserves costs management | |
Eco friendly program for energy management, recycling etc. | |
Maintenance | Setup contracts with maintenance service providers with emergency response |
Automated maintenance records and control management | |
Financial Management | Computerized in-house accounting with audit trails. |
Financial reporting including sources and uses of funds | |
Insurance | Obtain quotes for master insurance policy and earthquake policy (optional) |
Review policy limits with agent annually | |
Taxes | Preparation of exemption application - form 3500 |
Year end 1099, and 1096 reporting for independent contractors | |
Federal and state tax returns (forms 1120, 1120h, and 100) | |
Administrative | Registration with the Secretary of State of California |
Legal liaison: Liens/Evictions/Expert witness | |
Escrow packets with payment of admin fee | |
completion of lender questionnaires for owners refinancing | |
Project management beyond an HOA normal operating budget with a separate fee. |
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