2018 Design Trends for Renovating Your Property

2018 Design Trends for Renovating Your Property

home renovation hoa santa claritaWith 2018 here with us, it’s time for new beginnings and what better way but to spice up your home or building than to add more life to it. Home improvements are a big deal to most people, and therefore it is essential that you get it right from the start. Do not be left out, try out some of these latest trends.

Use of Color

Previously, most homeowners played safe with neutral colors, but things are changing this year with the embrace of deep, expressive colors in most buildings. If you want to stand out, you should try to brighten your space with vibrant colors that bring out some comfort and warmth to your home.

Incorporation of Nature

Incorporating nature into your home design is another hot trend for the year. Most people are trying to embrace the beauty of nature by adding pieces such as plants, wooden carvings, and hand-carved bowls. All these will give your house a natural and appealing finish.

Balance of Decor

2018 will see a return of the concept of having the right balance to your home in regards to coziness and simplicity. Unlike previous years, most homeowners will realize that there is no fun in having a uniform décor and that you can have a mixture of both new and vintage concepts and still get a good feel of your home. The trick is to ensure a correct balance.

Changing Patterns and Finishes

2018 is the year of the return of old vintage appliances. Marble countertops will undoubtedly have a comeback this year as people try to phase out the use of granite as favorable material. Appliances made from stainless steel will start diminishing this year as people try to use kitchen appliances made from old vintage options. The year will surely see the return of vintage as one of the hottest trends for the next few years.

Sustainability of Home Systems

One of the trends that will continue in 2018 is designs that are environmentally friendly to enhance sustainability. This is because of the need to go green and conserve energy. This year, we will see many homeowners continue with the use of energy efficient windows and energy roofing systems to save energy.

Renovating your HOA property, both inside and out, will undoubtedly raise your home value. It’s always a good idea to check with your HOA board for specific rules and regulations regarding renovation.

National Property Management Group is Santa Clarita’s premier property management group with over 30 years of experience. We offer innovative solutions for those in the financial, administrative, and HOA business. Ready to experience what we can do for you and your business? Give us a call today and let us cater to your unique business needs.


National Property Management Group
25115 Avenue Stanford A300
Valencia, CA 91355
661-295-5966

HOA Fees: Less is Not More

HOA Fees: Less is Not More

hoa fees santa claritaHomeowners association fees are designed to maintain the common areas of a residential community. Some companies use homeowner association fees to attract buyers, but researchers caution buyers to be wary of low fees. Analysts say that low HOA fees aren’t always a good thing, for Santa Clarita prospective buyers and homeowners.

What is the Purpose of HOA Fees?

The homeowners association serves the planned community by maintaining the grounds and common spaces of a given community. Condos, traditional single-family residences, and townhomes are managed by these organizations. The organizations assess monthly fees anywhere from $200 or $300 a month for community maintenance. The fees are assessed based on the size and features of the residence.

Risks of Low Association Fees

One of the most common tools used to draw in prospective buyers in Santa Clarita is the low homeowner association fee. While that may seem at first glance like a good thing, there are some drawbacks to reduced homeowner association fees.

If there is an emergency repair that is costly, it could be slightly more difficult to come up with the funds to manage that repair with existing reserves. The repairs can be made as needed, but homeowners get surprised with an expensive bill. The alternate route is to delay the emergency repairs as common areas run the risk of becoming neglected.

Pro-active maintenance responsibilities may lapse since emergency repairs are prioritized over pro-active maintenance. In a scenario where too many emergencies happen at one time, homeowners have to be held responsible for expensive bills since the reserves are low. Most emergencies can’t wait.

HOA fees should be kept at a level where the community is able to respond proactively to any emergency that may arise. Homeowners who are not prepared to handle an expensive bill for an emergency repair will recognize the importance in maintaining healthy reserves at all times, even if this drives up homeowners association fees.

National Property Management Group is Santa Clarita’s premier property management group with over 30 years of experience. We offer innovative solutions for those in the financial, administrative, and HOA business. Ready to experience what we can do for you and your business? Give us a call today and let us cater to your unique business needs.


National Property Management Group
25115 Avenue Stanford A300
Valencia, CA 91355
661-295-5966

Are HOA Fees Tax Deductible?

Are HOA Fees Tax Deductible?

hoa fees tax deductible santa claritaAs Home Owner Association members, we have all come to a point in our life when we worry about our expenses getting too high. You take it upon yourself not only to handle the cost of the house you pay for, but also to participate in the community’s welfare. However, with the proper knowledge, research, and tax deductibility, there is a way for you to benefit from HOA fees and tax deductions.

It’s tax season again, and everyone wants to deduct every dime possible. There are plenty things that are tax-deductible, but did you know that HOA fees may also be deductible? Though each HOA is different, members generally pay fees or dues that go toward bettering the community (such as landscaping, swimming pool, clubhouse, etc.). While they are not completely tax-deductible, you can at least claim a portion of them.

HOA Deductibility Qualifications

If you are a first-time homeowner and it is your place of residence, your HOA fees are generally not tax deductible. However, there certain circumstances that qualify your HOA fees for tax deductibility:

  • HOA Dues on Home: If your HOA dues go to something that would have been deductible had you paid it yourself, then they are deductible. Hypothetically, say your HOA owns the land surrounding a building you have in development. The HOA is obligated to pay taxes on the land, and you would be able to deduct your portion of the dues that relate to the property tax in addition to deductions you claim on your unit or home.
  • Rent Out Your Home: If you rent out your home, even if you only do it certain times of the year, you can claim your HOA tax deduction. However, only a portion of the costs is claimable, which can is calculated by relating the percentage of time it was rented out to the time you lived in it.
  • Own a Home Office: If you own a home office, you can write off a portion of the home expenses that relate to your office’s total area. For example, if your office took up 20 percent of your home’s space, you could write off 20 percent of everything you spend on your house (repairs, utility bills, services, etc.)
  • HOA Fees on Investment Properties: Whereas HOA dues on your home are subject to stipulations, HOA dues on investment property can be completely written off. This is because you get to write off all of the expenses associated with managing the property, including HOA dues.

National Property Management Group in Santa Clarita offers services for both HOA boards and the residential homeowner. If you are in need of property management services, have questions about your fees, or would just like some information about how to get the most out of your HOA and it’s benefits, then give us a call today.


National Property Management Group
25115 Avenue Stanford A300
Valencia, CA 91355
661-295-5966