Whether cash or accrual, the industry insiders who responded to the Linked-In inquiry universally agreed that in today's turbulent economic climate, a condominium or homeowner association should include a bad debt line item in their annual budget. read more

Numerous community association industry experts, from managers to CPAs, recommend that condominium and homeowner associations utilize a bad debt line item in their budgeting process. read more

As the economy continues to sputter with unemployment and foreclosure rates remaining at record levels, there is a recent spike in conflict between condo and HOA homeowners and boards of directors. read more

The key to reducing and resolving disputes between "crazy" homeowners or boards of directors is to rely strictly upon an association's governing documents. A modicum of common sense and reasonableness also go a long way. read more

On Wedesday, April 21, 2010, myself and Rebekah Baze, Vice President withColumbia Bank, will be presenting a free webinar on "The Pitfalls of Special Assessments." read more