Forum Discussion
xctraveler
Aug 23, 2016Explorer
Back to Escapee Coops. They vary in membership and monthly expenses from $30,000 to $12,000 for membership and less than $300 per month including everything but electric and internet. The one I belong to returns the membership PLUS and subsequent assessments within 60 days of notification of departure. I own my membership not the lot I am assigned. Yes real estate taxes are included in the monthly expense, but I do not pay them directly thus I am not subject to being a Calif resident for other tax purposes. For some the biggest negative may be a positive, as members we are expected to volunteer to do some of the work, either physical as in landscape or mental as in finance or marketing committees - or a world of other projects for the good of the community. While there it keeps me busy and satisfied and everyone understands that we all may pick up and travel for days or months at our own whim. I have a place to call my own that I can modify within the rules to suit our wants and the ability to leave when we choose as well.
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