Does your residential community use software?

Letterboxes full of junk mail. Important notifications going missing. How do I tell my neighbour that his dog is digging holes in our gardens? Endless general meetings, but very little progress.

Does your residential community use software to tackle these problems?

There is no shortage of options available in the market. Free or premium; for professional administrators, but also for communities that wish to self-manage their affairs.

Residential communities: grassroots governance

It can be a lonely, unrewarded and difficult journey for the president of a residential community.

Plenty of after-hours work, disgruntled property owners, loads of paperwork, and recurring trips to the bank.

It is remarkable that with so many different types of residential communities in different parts of the world, all arrangements seem to rely on one owner to handle the community’s affairs: the community association president.

Digital disruption in property management: is the “Uber Moment” coming?

The world of property management software has been traditionally slow to adopt new technologies.

Is this necessarily a bad thing, though? Once the dust settles, it is probably easier to see which technological advancements worked and which ones didn’t.

With the onset of Uber-like platforms, different sectors have seen apps take over the work of middlemen, changing business models in the process.

Presidents Fees. Is it a taxable income?

 

Following on from the question about the legality of “The Presidents Fees”, we were asked whether the President has to declare the fees and pay tax on them? Assuming there is no receipt to justify costs other than the time he has put in, one would assume that this is an income for the time spent on the job. In other words the payments is for the hours of work and as such it can be considered as either an employment or income for the president. So how can the costs be justified for accounting purposes? Or can the Community make a gift to the President for his services? What is the proper procedure?