How to Create a Home Owners Association to Self Manage a Condo Trust | Formulate an HOA

IRS EIN Web Site - https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online

How to Create a Home Owners Association
How to Create a Condo Association to Manage and Run an HOA

STEP 1 - Get an EIN Number from the IRS
STEP 2 - Open 2 Bank Accounts, a Reserve Account and a Operating Account
STEP 3 - Open a Google Account to organize your documents (Email, Google Drive, Contacts, ...)

Chapters
00:00 - Overview
01:00 - Organizing HOA records in Central Location
03:26 - Creating an EIN Number
05:20 - Bank Accounts
07:21 - Recapping

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