HOA Fees Not Tax-Deductible

This is a news story, published by Yahoo Finance, that relates primarily to HOA news.

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HOA Fees Tax

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HOA fees

SmartAsset

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Business

Business & Economics

Are Your HOA Fees Tax-Deductible?

Summary

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87% Informative

Homeowners association ( HOA ) fees are a common expense for those living in condominiums, townhouses and planned communities that need to maintain shared amenities.

For most homeowners, HOA fees are considered personal expenses.

However, homeowners who rent properties or conduct business from home may qualify for deductions.

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VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful