What if HOA assessments were tax deductible?

By Deborah Goonan, Independent American Communities Today’s buzz in HOA politics: two Democratic Congressional Representatives are co-sponsoring a bill to provide a special federal tax deduction for owners of property in a homeowners’ association: Source: CAI SUPPORTS FEDERAL LEGISLATION TO PROVIDE HOMEOWNER RELIEF Could the Home Act make a Difference for You Next Tax Day? Excerpt: U.S. Representatives Anna G. Eshoo (D-CA) and Mike Thompson (D-CA) have introduced a measure that would allow homeowners in Continue ReadingWhat if HOA assessments were tax deductible?