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8 Essential Things You Need to Know About Reserve Funds & Studies

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10 8. ARE HOA RESERVE FUNDS TAX DEDUCTIBLE? No, in almost all cases, any money saved in an HOA reserve fund can't be taxed. The exception would be any interest or money earned from reserve account funds. To be certain, check with your association accountant and local and state laws regarding reserve funds. 7 6 5 4 8 9 10 11 3 2

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