A property tax question

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

  1. Amy T

    Amy T

    Joined:
    Mar 19, 2011
    Messages:
    2
    Likes Received:
    0
    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
    #1
    1. Advertisements

  2. Amy T

    Ivy Mike

    Joined:
    Apr 27, 2011
    Messages:
    9
    Likes Received:
    0
    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
    #2
    1. Advertisements

Want to reply to this thread or ask your own question?

It takes just 2 minutes to sign up (and it's free!). Just click the sign up button to choose a username and then you can ask your own questions on the forum.
Similar Threads
  1. silk
    Replies:
    0
    Views:
    912
  2. IOUERG
    Replies:
    3
    Views:
    663
    Stuart O. Bronstein
    May 14, 2004
  3. MNRealEstate
    Replies:
    2
    Views:
    930
    MNRealEstate
    Dec 31, 2004
  4. allout22@hotmail.com

    PROPERTY TAX ON INVESTMENT PROPERTY

    allout22@hotmail.com, Mar 10, 2006, in forum: Tax
    Replies:
    1
    Views:
    530
    Mark Bole
    Mar 12, 2006
  5. picopir8@hotmail.com

    Sale of Rental Property - Property Classes

    picopir8@hotmail.com, Mar 21, 2006, in forum: Tax
    Replies:
    1
    Views:
    871
    hlunsford@bellsouth.net
    Mar 23, 2006
  6. jlficken@gmail.com
    Replies:
    6
    Views:
    1,016
    DORFMONT@aol.com (Linda Dorfmont)
    Jan 20, 2007
  7. BoB-B
    Replies:
    1
    Views:
    561
    Doug Ramage
    Aug 31, 2005
  8. Leann
    Replies:
    4
    Views:
    525
    remove ps
    Feb 7, 2014
Loading...