Articles for tag: Condo Association Taxes, condo financing, Condo Reserve Funds, Condo Reserves, Fannie Mae, Federal Tax Policy, Form 1120-H, Freddie Mac, HOA Reserve Funds, HOA Reserves, HOA Taxes, outdated condo tax, Section 528

The 30% Condo Tax Congress Forgot to Update

Condo associations and HOAs are being told to save more money. But a 1980 tax is making that more difficult than it should be in 2026. TThe message is amplifying just about everywhere. Aging buildings need larger reserves. Insurance costs and deductibles are rising. Deferred maintenance has become a lending issue. Fannie Mae and Freddie Mac are tightening condominium project standards, including a new 15% standard reserve contribution requirement taking effect in 2027. Yet a tax rate set in 1980 is still adding to the debit column in 2026. The 30% Tax on HOA and Condo Reserve Earnings Homeowners associations