Tax Season

How you can deduct your HOA fees

Its tax season again and as we all look to minimize Uncle Sam’s cut one thing we frequently overlook are our HOA fees.  Unfortunately, HOA fees themselves unfortunately cannot be deducted directly.  They are a cost of the house and simply the price to own the home in your neighborhood.  However, if you rent your home out they are deductible as a rental cost.  They must be paid but for a rental property they can be written off.  Another deduction allotted for HOA fees is if you have a home office.  That makes a portion of them a work expense.  The write off amount is directly related to the portion of the home that the office utilizes.  For instance if your home office is 140 sq/ft and your homes total sq/ft is 1,400 that means the office is 10% of the total.  So 10% of the HOA fees can be written off.  Don’t miss out on this opportunity to be diligent and save.

The next monthy HOA Board Meeting is Tuesday, February 7th at 7pm in the MPCA Clubhouse. We encourage all members of the HOA to attend. We hope to see you there.

February Board Meeting Agenda

SECURITY REPORT December 1, through December 31, 2016

911 Hang Up                                           1

Friendly Reminder: If you have not already done so, please make arrangements to pay your 2017 HOA Maintenance Fee/Assessment as soon as possible. Statements were mailed out in October and were due by January 1st. All accounts that are not paid in full or on a payment plan by January 31, 2017, will incure a $35 late fee on their account February 1, 2017. 

You can pay your assessment in the MPCA Office, on our website at the PAY ONLINE menu tab, or mail a check to 21600 Cimarron Parkway, Katy TX 77450. If you cannot pay your account in full, you still have time to get on a payment plan. You must come into the office by January 31, 2017 and make a down payment. 

Join us Friday, February 10th in the Cimarron Clubhouse for dinner and BINGO! At 6:30pm dinner will be served and Bingo will start at 7pm. We will play 20 games which usually takes about 2 hours.  Bingo is for MPCA Residents who are over the age of 18 years. This is an adult only event and space is limited to 60 people per the clubhouse fire code.

The MP HOA Board will be meeting Tuesday, January 3, 2017 at 7pm at the clubhouse. The meeting is open to all members. The January Agenda is posted on the agenda section of the website. We hope to see you there. 

The MPCA Office will be closed for the holidays Friday, December 23rd through Monday, January 2, 2017.

We will reopen Tuesday, January 3rd with regular office hours.

Nominate your favorite Christmas light display! The HOA is searching for the Memorial Parkway's best and brightest holiday lights display as we look to crown this year's Clark Griswold Award winner.

There will be four awards given out... with the first place being The Clark Griswold Award - Given to the home that has so many lights you are not sure how they haven't blown the breaker!!

Stay up to date with current HOA events and news through the online HOA Blog!! The HOA was recently removed from the Nextdoor forum, therefore we are no longer able to post meetings, events, news, etc on Nextdoor.

The best way to get meeting reminders, event reminders, and news is by subscribing to the HOA Blog at http://mphoa.org/index.php/news You can subscribe to the 'blog' by clicking on the envelope icon in the black menu bar. Every time we post something on the 'blog' it will send you an email with the post.

Deed Restriction violations not resolved as of December 6, 2016

Basketball goals   29

SECURITY REPORT November 1, 2016 to November 30, 2016

Accident/Minor  4

How to Avoid a Deed Restriction Letter from the HOA…

We have many wonderful homeowners and residents who do an amazing job of taking care of their homes and yards. The entire subdivision is regularly inspected for deed restrictions. The inspector uses the ACC Guidelines and the Declarations of Covenants for the guidelines as to which to determine if properties are in compliance.

Deadline Extended!!  The last day to get on a payment plan with 'no plan fee' is December 22nd, 2016. If you are wanting to get on a payment plan for you 2017 HOA Dues, you must come by the office and fill out the paperwork for a payment plan. The plan will consist of 3 monthly payments of $125 (December, January, and February). 

Office Hours for the Week of Thanksgiving Holiday

Monday and Tuesday, November 21st and 22nd Regular Hours 9am to 5pm

We want you to know that we have an "open door policy" for our homeowners. The five Board Members are elected homeowners who represent all the homeowners of MP. We have open meetings the first Tuesday of every month. The agendas for the meetings are posted on the website. We do have a lot of business to get to each month so we usually can only dedicate 30 minutes for residents questions. We have a office inside the neighborhood open 9am-5pm M-F, the office staff can also address questions and concerns that you may have.

All homeowners are invited to attend the next Board Meeting, Tuesday, December 6, 2016 at 7pm in the Cimarron Parkway Clubhouse. The agenda for the Board Meeting will be posted under the top drop down menu titled 'Resident Information' one week prior to the meeting.