J.R. from Hartford County, Connecticut writes: Dear Mister Condo, I serve as Treasurer at my condo and I have a tax question. Why do we, as a condo, have to file income tax returns if we are an exempt homeowner’s association? It seems like a lot of extra work for no good reason. Mister Condo…
Tag: Financial
Flood Insurance Costs Causing a Perfect Storm!
T.T. from New London County, Connecticut writes: Dear Mister Condo, My wife and I live in a lovely condo close to Long Island Sound. We don’t have water views but we do enjoy going to the nearby beach. This past year, our common fees were increased $75 per month to pay for a new type…