HOA Hall of Shame pt. 1: Homeowners question $20,000 plus petty cash budget

  Рет қаралды 90,001

KTNV Channel 13 Las Vegas

KTNV Channel 13 Las Vegas

Ай бұрын

Homeowners' associations, or HOAs, are supposed to protect your home's value and theoretically make life a little nicer, if not a little easier.

Пікірлер: 79
@SteveSabbai
@SteveSabbai Ай бұрын
Failure to be transparent means something crooked is happening. HOA's are supposed to be there to service the homeowners but most HOA act like a dictatorship.
@Area51-is6vg
@Area51-is6vg Ай бұрын
If you call them your call goes to voicemail. If you e mailed them they delete the e -mail and move on. If you stop paying your HOA fees they have power to charge you late fees and also kick you out of your home and sell you home. Most HOA leaders are very greedy and selfish people you will ever come across. They also have a very short temper like teenagers. I think they worship money.
@kittenpawsbb
@kittenpawsbb Ай бұрын
God bless all these people questioning these HOA. Let the criminality finally be exposed. Thank you 😌🙏🏽⚖️🌟🕊️
@0d1n253
@0d1n253 Ай бұрын
HOAs are a nightmare as usual.
@jameylane1591
@jameylane1591 Ай бұрын
Once you uncover evidence that a board member is stealing it's time to take it to the attorney general or law enforcement.
@stew24.
@stew24. Ай бұрын
Totally agree 1000%. They do need to be investigated to its entirety. There is more embezzlement in HOA’s than anything because they don’t have anyone governing them.
@justsusan4436
@justsusan4436 Ай бұрын
HOA should NOT exist!! Bogus and unnecessary fees are a norm of HOA!
@TheDancingLotus
@TheDancingLotus Ай бұрын
Investigate all the HOA’s , especially one’s with the highest HOA and $20k assessments 🙄 ridiculous!
@eile4219
@eile4219 Ай бұрын
All HOA did this. It's nothing illegal, there is nothing er can do about it. Some scam you more, some scam you less
@stew24.
@stew24. Ай бұрын
Agreed, investigate ALL OF THEM in every state!
@gimne
@gimne Ай бұрын
Luckily my hoa dues are 220 per year, and we get a a breakdown of where the money is being spent along with the dues.
@stew24.
@stew24. Ай бұрын
@@gimne I wish I lived where you lived because the highest dues where I live is $600 and they don’t keep up the maintenance and they don’t let us vote on anything. That’s how I know it’s some type of embezzlement going on, I’m thinking about calling an investigative journalist to put them on the news.
@danpan001
@danpan001 Ай бұрын
​@@stew24.$600 a year?
@volvo8938
@volvo8938 Ай бұрын
HOAs are given way too much power under the law
@JoeJoe-tg3ed
@JoeJoe-tg3ed Ай бұрын
He reimbursed himself and took a tax reduction too I’m sure because he is dis honest.
@joez.2794
@joez.2794 Ай бұрын
Lol, first thing I thought of too - no way is he not also deducting that mileage that he already reimbursed himself for. Doubt the IRS will audit such a small fry unless they're compelled to as part of a criminal case or conviction though.
@chrisfrancis6101
@chrisfrancis6101 Ай бұрын
Yes all HOAs need to be investigated and regulated to maintenance only! And have rules to don't allow hoa to take your property through fines and fees! It just sounds like a money/property steal scheme!
@kendallevans4079
@kendallevans4079 Ай бұрын
Educate yourself! An HOA can only, at the most, put a lien on the property, just like a contractor or anyone else.
@chrisfrancis6101
@chrisfrancis6101 Ай бұрын
@kendallevans4079 maybe you haven't been watching the news late ass wipe! People are frigging just rude! Educate yourself idiot stick every state has thier own laws! But hey you be a Mr know it all!
@SmallSpoonBrigade
@SmallSpoonBrigade Ай бұрын
@@kendallevans4079 They can and do have property foreclosed upon in many places. That being said, an HOA is only as evil, or good, as the people that are on the board. The worst thing about HOAs is that you're often just one bad election away from things getting out of hand.
@georgehart994
@georgehart994 Ай бұрын
​@@kendallevans4079You're full of BS...
@kendallevans4079
@kendallevans4079 Ай бұрын
@@georgehart994 Wow, what an intelligent comment! I take it your HOA kicked your white trash azz out of the neighborhood?
@AaronNW
@AaronNW Ай бұрын
Main takeaway here is don't live in an HOA.
@CrabbyOldLady
@CrabbyOldLady Ай бұрын
The HOA's accounting practices don't make sense, if this report is accurate. Petty Cash is not an expense category. It's a Current Asset. For every time there is money taken out of Petty Cash (Credit to the Asset, thus reducing it), there should be an offsetting Debit to a defined expense category, increasing the total expenses to that category for the fiscal year. It should literally require nothing more than clicking on a button to execute an existing report query to produce a statement of revenues and expenses for any homeowner who requests one. I was the Business Intelligence Lead for a large state university in the Midwest. Our finances were 100 times more complex than any HOA. But we never, ever, said no to any student who requested financial information. They were the reason we existed, and we worked for them. The homeowners are the reason the HOA exists, and the Board works for the homeowners.
@SmallSpoonBrigade
@SmallSpoonBrigade Ай бұрын
For those that don't know, petty cash is typically for small expenditures where going through the process of requesting a check, invoicing and entering it into the books at the time is inconvenient. This is stuff that doesn't have much of a material impact on the finances and as long as it does eventually get entered into the financials it's not much of an issue. For example, if you're needing to buy a few stamps for official business. You'd buy the stamps with money from the petty cash and then put the change and the receipt back. Periodically the petty cash gets refilled and balanced against the receipts. $20,000 in one year is a lot, because most of those expenses would typically be paid via check or card and entered into the books at that time. It could be just an effort to avoid being bothered while working, but it is rather odd.
@user-qr7ee2cp4y
@user-qr7ee2cp4y Ай бұрын
Hoa's are out of control... sometimes there's a need for an hoa but the monthly costs of some of those are insane.... especially in housing communities where hoa's only cover some lawn care, maybe plowing and street maintenance.
@anthonyrose6686
@anthonyrose6686 Ай бұрын
Darcy spears is no joke she should run for office even run for governor she will excellent honest politician
@leslieromero6610
@leslieromero6610 Ай бұрын
When it looks that bad and you simply keep your secrets and try besmirching those who ask questions, you're probably guilty of something
@virginiamoss7045
@virginiamoss7045 Ай бұрын
Typical Trump behavior; classic overt narcissist.
@meganwynn372
@meganwynn372 Ай бұрын
"How dare you bother me, Im busy blowing all this cash! Its alotta work." lol oh sad tho
@jaycoleman8062
@jaycoleman8062 Ай бұрын
I think they call it petty cash so when people ask about where that 💰 is going, they call you petty. 😊
@Me97202
@Me97202 Ай бұрын
I remember when I was an HOA board member, and I questioned some of the expenditures… the HOA president had me shunned by the entire community.
@johncharlesfarrell3144
@johncharlesfarrell3144 Ай бұрын
The history of embezzlement in HOAs around the country is comparable to an untrained house dog that claims the entire house available for relieving itself. The available bank account with no overseer on the board is a similar condition.
@teenyverse7707
@teenyverse7707 Ай бұрын
Darcy should bring back dirty diner.
@Starfish2145
@Starfish2145 Ай бұрын
Why isn’t the district attorney investigating this?
@joez.2794
@joez.2794 Ай бұрын
The brass sign tells you pretty much all you need to know. Good thumbnail.
@SuperMassman
@SuperMassman Ай бұрын
This is what happens when people don't get involved in there government, HOA etc on a regular basis
@lawrenceknight1510
@lawrenceknight1510 Ай бұрын
I do find it odd that public entities seem to stonewall any questions about the issues they face. Nevada government, school districts, commissioners..seem to feel offended if anyone asks a question..
@edwardpresutti2941
@edwardpresutti2941 Ай бұрын
Well...Nevada has always been a pretty corrupt state.
@ronspeth7095
@ronspeth7095 Ай бұрын
Embezzlement
@coreymillia
@coreymillia Ай бұрын
The people in HOAs are all the same. Talking about how outside of their community is like Mad Max. Complete and total anarchy in the streets. No law enforcement, dogs running at large, unmowed lawns, car repairs. It is so scary driving to the coffee shop through these places...
@irwinsaltzman979
@irwinsaltzman979 Ай бұрын
I live in a development with an HOA. My wife was a board member 25 years ago. The HOA is still operating as it was set up 45 years ago. Sorry you had a bad board.
@danpan001
@danpan001 Ай бұрын
Fairly easy to resolve. Just get on the HOA board and go through all the expenses
@irandude1655
@irandude1655 Ай бұрын
HOA also does not conduct criminal background che k on people sitting on their HOA board.
@animalpower7315
@animalpower7315 Ай бұрын
Avoid anything that has a swirl
@fredcostas1945
@fredcostas1945 Ай бұрын
Crooks…..
@marciawade8813
@marciawade8813 Ай бұрын
Government, including state & federal, such as IRS, have a procedure to ascertain whether entities, such as HOA's meet their responsibilities & adhere to codes, rules and regulations. These include HOAs qualify as non-profit entities; that they comply w/all rules & regulations, including incidental Federal rules & regulations, such as periodic tax and reporting as with information reports such as 1099's when they pay or reimbursement persons ... Did the president report the amounts required to be reported on those 1099's, even if he didn't receive 1099s? -- Example of codes, rules & regulations failures to adhere to codes, rules & regulations: When my HOA accepted stimulus funds to build facilities... swimming pool & whirlpool--one requirement was that the facilities were open to the public. But, they never were. When an entity runs afoul of its members or the government, there are consequences. -- Entities, notoriously, run afoul of government rules & regulations, seemingly w/ until they are caught; individuals outed on news programs like this and/or prosecuted and the consequences hit them in the purse string.
@healingsoul13
@healingsoul13 Ай бұрын
Are HOAs another layer of local government?
@mandybradley3079
@mandybradley3079 Ай бұрын
God help this good man.
@gordiehowe-ky6xt
@gordiehowe-ky6xt 21 күн бұрын
And just like that, Jerry Shaner is world famous for being a douche. Forever. lol
@Bobrogers99
@Bobrogers99 Ай бұрын
My town government is strictly controlled by State law. No money can be spent unless authorized at the annual Town Meeting, and all expenditures are reviewed periodically by an elected budget committee and by the elected Board of Selectmen. Like all town documents, the annual audit by a professional firm is readily available. Meetings of all town boards and their subcommittees are open to the public, and detailed minutes are taken and posted for the public. HOAs lack these controls. They function like a petty government, but there are few laws that are enforced to regulate them. They can hold secret meetings, their officials can expend association funds at will, their documents and reports are not readily accessible, and their enforcement of rules can be arbitrary and far-reaching. While an HOA can perform valuable services, they frequently run out of control, and there is no established means to stop them. I would not live in an HOA community.
@johnjones5354
@johnjones5354 Ай бұрын
The name of the board member spending the petty cash wasn't Tiffany Heynyard by any chance?
@49erDiner
@49erDiner Ай бұрын
Where is Joe?
@Zimfier3
@Zimfier3 Ай бұрын
Who is this woman and where's the guy who does hall of shame?
@dogcreek8547
@dogcreek8547 Ай бұрын
zi den ama clones
@kendallevans4079
@kendallevans4079 Ай бұрын
It's ironic that the people complaining about HOA's are the very people HOA's were created for in the first place. Slobs!
@thesheepofthegoodshepherd2868
@thesheepofthegoodshepherd2868 Ай бұрын
Jesus LOVES You.
@Zeakthecat
@Zeakthecat Ай бұрын
meanwhile he hates: 1. gays 2. lesbians 3. underage kids 4. anyone who "sins" 5. independent women 6. anyone who practices everything outside of babymaking sex in the bedroom. 7. abortionists 8. female rights 9. people who practice logic or stoicism. 10. and people who practice other religions, including buddhism. for someone claiming to love everyone, he sure does hate a lot of people don't he? 🤣🤣😂😂
@VegasKatz
@VegasKatz Ай бұрын
But everyone else thinks you're a twat.
@spamproof1
@spamproof1 Ай бұрын
Don't buy any property with HOA if you can.
@pincheviejosatiro
@pincheviejosatiro Ай бұрын
It's time for an all new season of Dirty Dining
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