Common Interest Realty Associations
With seemingly constant revisions to the law, decreasing sales, and fluctuating insurance rates, the ownership and management of condominiums, homeowners associations, and timeshares has many challenges. O'Sullivan Creel's Common Interest Realty Associations (CIRA) Client Services Team helps bring stability and a sense of security to the ever-changing landscape.
Compliance is critical to the viability of condominium associations, and the financial reporting procedures are rigorous. With over 200 CIRA clients, we are experts in:
- Accounting services,
- Required annual local, state, and federal tax preparation,
- Audited, reviewed, or compiled financial statements in accordance with state statutes, and
- Consulting services.
Our CIRA Client Services Team keeps up-to-date with the latest laws and codes affecting CIRAs through attendance and participation at State and National CIRA Conferences and our relationship with the Florida Department of Business and Professional Regulation Division of Land Sales, Condominiums and Mobile Homes. Our position to serve clients is further strengthened by our memberships in the North Gulf Coast Chapter of the Community Association Institute (CAI) and the Florida Institute of Certified Public Accountants CIRA Section.
Our team serves associations across the southern United States and offers skills specific to the CIRA market including team members licensed as Florida Community Association Managers (CAM).
Our Associations routinely rely on our expertise for taxation issues resolution, tax planning, bookkeeping and payroll issue resolution, setting up a computerized accounting system, annual budget preparation, condominium conversions, and calculations of reserves and deferred maintenance required by state statutes.
For more information, call Kevin Bowyer at 850-837-0398 or e-mail kbowyer@osullivancreel.com.