How To Deal With A Bad Homeowners Association

CondoThe real estate market of Downtown Miami in Florida has experienced consistently high growth figures, for the past several years, these growth figures have consistently hovered around double digit figures. Avoid buying in a building with rock-bottom condo fees. The time consuming need to maintain a detached home and its surrounding property is removed from the condo experience. If a building is being converted to a condominium from another use, the declarant (developer) needs to prepare and submit a reserve fund study, regardless of the number of units.

As a tenant of the condo, you’ll have to pay monthly HOA fees for the upkeep of the common areas of the community and the exterior of the complex, along with any amenity fees such as the concierge services. However, you will also have to pay property taxes on your condo unit.

The association is elected by the owners of condominiums and …

10 Mistakes That Homeowners Make

ContractorA concrete contractor is a specifically trained and experienced individual or team that is able to manage concrete in its various stages from an unmixed combination to the hard finished product that is produced. Call your homeowners insurance agent and ask if there are local contractors with whom they have had good experiences. You do not generally have to withhold or pay any taxes on payments to independent contractors. Being a contractor is best for people who are disciplined about finishing a job and can work with minimal supervision.

These businesses pre-screen and certify the contractors they recommend. In most circumstances, an employee’s (someone who receives a W2 by January 31) net wages have already had federal, state and payroll taxes withheld. If a business uses what they think are “Independent Contractors” the IRS may determine whether this designation is correct.

A professional demolition contractor usually possesses their own tools …