A property tax question

Discussion in 'Individuals' started by Amy T, Mar 19, 2011.

  1. Amy T

    Amy T

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    Hi,
    I work with a non-profit food pantry in my area, and we are looking to move in to a new location. My question: is there a tax credit for property owners who lease to a non-profit organization?
     
    Amy T, Mar 19, 2011
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  2. Amy T

    Ivy Mike

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    For individuals, this might fall under non-cash charitable contributions, but I'd ask a professional. If the property was donated for use by the organization, then it is definitely a deduction, however if it is just being leased, that may fall under the jurisdiction of a rental, in which case I don't know of any breaks for the lessor based on the lessee type.
     
    Ivy Mike, Apr 30, 2011
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