D.J. from New Haven County, Connecticut writes: Dear Mister Condo, Does a fully owner occupied condo association with cert-103 pay sales tax on the materials to tear down/replace a roof? Mister Condo replies: D.J., when I get a tax question like yours, I go straight to my pal Sam Tomasetti, CPA of Tomasetti, Kulas &…
Month: March 2013
Who Pays for Association-Caused Water Damage in Condo?
W.B. from Hartford County, Connecticut writes: Dear Mister Condo, My condo sustained water damage inside my home by the negligence of the association. They admitted fault and in one email offered to file an insurance claim or pay the difference between my deductable and the actual damage. I received 3 quotes that detail the repairs…
Do Monthly Condo Fees Have to be Banked Locally?
M.A. from New Haven County, Connecticut writes: Dear Mister Condo, Do condo fees have to be held in a local bank? What is the procedure for getting elected to serve as a board member? Mister Condo replies: M.A., common fees do not have to be held in a local bank unless the condominium’s documents specify…
Condo Board President Accused of Getting Special Treatment!
B.C. from Hartford County, Connecticut writes: Dear Mister Condo, Our president was getting special treatment from our landscaper. He made allegations to another board member and a unit owner and so did this landscaper’s worker. He’s afraid to come forward with this information for fear of losing his contract. We told him we would take…