(Editor’s Note: This is the third in a series of replies to a unit owner of a community that was ravaged by fire. You can read the first two installments at https://askmistercondo.com/tax-implications-of-converting-fire-damaged-condo-to-investment-property/ and https://askmistercondo.com/reduced-common-fees-after-a-fire/) J.S. from Pennsylvania writes: Dear Mister Condo, Thanks for your advice. I hired a very good CPA who specializes in real…
Category: Board
Small Condo; Big Problems!
R.C. from Fairfield County writes: Dear Mister Condo, I live in a four unit condo. We have no association and every owner wants to do their own things. The ongoing problem is the parking issue. Each owner has two legal parking space but all the other owners (3) except for me have more than two…
Hung Out to Dry in Hoboken Condo
Unhappy in Hoboken writes: Dear Mister Condo, Due to the recent snow storms, my individual condo unit and the building of which it is a part suffered severe damage. My unit and several others continue to receive severe storm damage and water intrusion as the President of the Association has decided to delay fixing the…
More Insurance Woes for a Wet Condo Owner
A.M. from Litchfield County writes: Dear Mister Condo, I have a wet floor in my bedroom and my entry way is icy. How can they tell where the water is coming from and can it be repaired? The inside walls of the condo appear dry. I need a new rug and subflooring. What steps do…