It’s always nice to escape the bitter cold of the north and enjoy paradise here in Naples for the winter season.  Have you ever returned to find your air conditioning not working, lawn overgrown, water stains on the ceiling, broken windows, damaged roof, or even worse, MOLD?  Many people are not aware of what can happen in Southwest Florida during our hot, steamy, wet and windy summers.  An afternoon thunderstorm is capable of producing damaging winds, tornadoes, hail and flooding.  We are often asked, “I didn’t hire a professional to watch my home.  Is that something I should be concerned about while I’m gone?”  Our answer is “YES!”  If you don’t have someone checking your home on a regular basis, you could be in for a big surprise when you get home.
 

 

HURRICANE PREPARATION
 
It’s always better to be ready ahead of time
rather than wait until it’s too late.
 
Hurricanes can cause an enormous amount of damage to your home if you are not prepared.  Southwest Property Management can prepare your property for a hurricane or tropical storm with services such as shutter installation and removal, stacking and tying down pool and patio furniture, installing plywood over windows, and securing garage doors.  We also offer clean-up services after a storm has passed.  We can clear roadways and driveways that might be blocked, remove fallen trees and any other debris that might be a potential hazard. 

 

Recently, we have seen an increase in IRS audit activity regarding CIRA’s.  Because of this, we thought it would be beneficial to go over the main issue that they have been looking at, specifically Revenue Rule 70-604.   According to Stroemer & Company, PA , in twenty two years of working with Associations, the IRS has never focused on them. That has changed, this year they have had 4 Association audits.  Thankfully all 4 were no change audits.  However, this just proves the IRS is now auditing Associations.