- You are not authorised to view this resource.
Subscribe to the Chicago Condo Resource to access our Members Only Content.
- Educational Videos
- Condo Living A-Z Articles
- Templates & Guides
- Recommended Vendors
- "Ask the Expert" - Full Content
Seminars & Events
|Tue Apr 01 @ 6:30PM - 08:30PM|
49th Ward/ACTHA Condo Smarts Workshop Series
"Ask the Expert"
Q. Can an electronic version of a W-9 be kept in lieu of a hard copy?
Q. If the Condo Association (6 units) exercises its right of first refusal, obtains a loan for the purchase and then sells at a profit, and pays off the note, how does it handle that profit on its tax return?
Q. We are confused about how much our association should keep in the reserve fund. Right now we have an operating fund and a reserve fund. We've heard a number of different things from different sources about how much to have in the reserve fund: is there some clear formula?