HOA & Condo Financial Management in New York
HOA & Condo Financial Management in New York
New York's condos and co-ops carry significant financial responsibility in one of the country's most demanding real-estate markets. Dynamite Management supports New York boards with rigorous accounting and reserve oversight.
New York HOA & Condo Law: What Boards Should Know
New York condominiums are formed under the Condominium Act (Article 9-B of the Real Property Law), while cooperatives are organized as corporations governed largely by the Business Corporation Law and their proprietary leases. The two structures carry different financial, reporting, and tax considerations — including whether a condominium files Form 1120-H. We handle the accounting, reserve tracking, and association tax preparation that keep your New York community financially sound.
Our Services in New York
Dynamite's vision is to offer condominium and homeowner associations a service dedicated to fraud detection and elimination. Our team specializes in providing exceptional financial services for associations throughout New York.
Financial Statements
ACH Dues Processing
Association Tax Preparation
Reserve Fund Reporting
Control Procedures
Check Collection Processing
Vendor Payment Processing
Budget Preparation
Board Support and Consulting
PO Box Setup
Mail Collection Services
Accounts Receivable