Letty999
New Member

HOA Does Not Provide Actual Costs of Capital Improvements

Hi, I lived in a townhouse unit with HOA as my primary residence and sold it after 30 yrs.  I have sent e-mail request with follow-ups for the past 3 weeks for the actual costs of the major recent capital improvements like new roof, fences and road pavements but I have been stonewalled.  No reply at all.   I really need the figures to compute my pro-rated share by multiplying it by 0.0024875 (1/402 total units in the community) and legally adjust my Cost Basis for computing my Capital Gains.

 

What can I do?  I have read some postings here that I cannot use the published annual budget for those capital improvement projects.  Thank you for your help!