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Old 08-22-2022, 03:58 PM   #14
DBreskin
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Join Date: Feb 2010
Location: Wolfeboro NH
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Quote:
Originally Posted by Descant View Post
Am I correct that the HOA road assessment includes a sum for property taxes? Different in each town? How much goes into reserve fund for major rebuild/reconstruction? Seems like in smaller associations a larger percent would have to go to reserves.

Our assessment does not include property taxes; those are assessed by the town separately for each owner with their individual property taxes.
We try to put 10% of the income toward reserve each year.
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