Not My Kind of PayDay

Planning

Today’s been a doozer!!

On top of finally finishing our 2018 taxes today (Yes, we know they were due April 15th and its now September 30th) and realizing we owe lots of money in taxes + late fees……we got more “payday” news.

Just as I was posting my last house update, we got a notice that the condo we are living in just passed a special assessment that we get to pay!

Darn you condos on the beach that are so fun to live in and visit but cost lots to maintain and keep up with!

We’ve learned the hard way is that condos at about the 10-15 year mark need some serious maintenance that costs lots and lots of $$. Our current building needs its first new roof and it’s coming in at a whopping $257,000. We are the lucky winners of a special assessment to cover our portion.

Now I’m not doubting we need a roof here because after Dorian grazed on by, part of the current metal roof ended up on our patio all jagged and rusted and bent. But I am confused because the reserves are pretty strong in this building.

NOT my kind of payday.