HOA Subject to Property Tax?

Normally, property taxes on common areas are paid by the membership through taxes on their own property.  For the members of an exclusive San Francisco community, however, an unpaid tax bill lead to the sale of the private street that fronts their homes.  How did this happen?  Bad record-keeping or the failure to record the proper deeds at the time of transition?  It’s hard to say.  The association claims that the tax bill was sent to the wrong accountant.  Now, a $994 property tax bill is likely to cost these owners hundreds of thousands to correct the mistake.

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