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3/6/2012 8:16:18 PM
 
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Section 5: OPA Board Subject: OPA Loses IRS Case Msg# 823875
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In short, most association members will be out of pocket $120 if the money is taken from reserves. Those buying property here today will be zero out of pocket for the prior taxes.
If the money is taken from reserves and then the assessments raised to replace those monies taken from reserves won't new people be paying too? |
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For reference, the above message is a reply to a message where: Special assessment or no special assessment, you and I and all association members who have lived here for ten years have already paid the tax bill ... in advance, figuring $1 a month for 10 years. If you figure $2 a month for five years, then everyone who owns here for at least five years have already paid. In short, most association members will be out of pocket $120 if the money is taken from reserves. Those buying property here today will be zero out of pocket for the prior taxes. |
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