Mark Burns is Associate Professor in the Department of Political Science and former Director of the Health Administration Program at Auburn University.
HOA fees are based on a variety of things. The management association bidding to run an HOA determines the hard costs of things like utilities, landscaping, pool maintenance, administrative costs like attorney fees, billing and postage plus any other required overhead.They then add on their profit margin for servicing the account.he management association bidding to run an HOA determines the hard costs of things like utilities, landscaping, pool maintenance, administrative costs like attorney fees, billing and postage plus any other required overhead. They then add on their profit margin for servicing the account.
If your property is a second home or vacation home that you use personally but also rent out, things get a bit more complicated. You still can deduct HOA fees but only for the time the property is used as a rental.Say, for example, you live in the house from December through March and rent it out the rest of the year. In that case, you would be able to deduct two-thirds of your HOA fees, because you use it as a rental eight months out of 12.f your property is a second home or vacation home that you use personally but also rent out, things get a bit more complicated. You still can deduct HOA fees but only for the time the property is used as a rental.