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2017 Legislation - AB 731 - Tax Deduction for HOA Assessments

Allows a deduction in computing gross income for amounts paid by a taxpayer for qualified homeowners' association assessments.

2016 Legislation - AB 1736 - Homeownership Savings Accounts

This bill would provide that a qualified taxpayer may withdraw amounts from a homeownership savings account to pay for qualified homeownership savings expenses, and would provide that any amount withdrawn from that account that is not used for these expenses would be included as income for that taxpayer.

From the Legislative Counsel's Digest:

2016 Legislation - SB 477 - Property Taxes for Mobile Homes

Updated on 7/6/15: SB 477 authorizes mobile home owners to seek postponement of ad valorem taxes as long as he or she is a qualified person. 

HOA Taxes: Deadlines, Forms, and Tips

Associations, like all other businesses, are required to file taxes. Here is a brief summary of 8 tax reporting and filing requirements for your association. 

What Suspended Corporate Status Means for an HOA

"Suspended" HOAs can lose their ability to enforce contracts and collect delinquent assessments, and expose board members to lawsuits. Learn how to fix corporate suspension in California homeowners associations.

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