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of rolling maintenance and capex into one budget would be that maintenance will swing dramatically from year
, what you actually spend funds on is more important than how things are labeled on your budget. It
terrible about living on a budget and curtailing certain luxuries if it cannot be afforded. That is sound
how do cap expenses have to be listed and budgeted to remain deductable when a person sells
event, residents can plan budgets accordingly (in our case) for years to come.
does what I described - assesses when the annual operating cost does not meet budget - it does seem
budget shortage for a given year, they assess over a few months to make up the difference
budget. As I said previously, if your sponsor has gone along with the assessment without invoking its
and then assess when there's a deficit? The bottom line is, prices go up. I think it's better to budget
budgeting) and you need an assessment to distribute the $36,000. 4. So you now assess for the entire

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Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

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