USA Church Business Tax question

[Vinodthomas]

Hi - This is related to a church located in Michigan state. They are planning to rent their parking lot to the adjescent business. Do you think this will change the non exempt status of the church or need to pay any taxes on this rental income?

Please reply

Thanks
Tom
Michigan

 

[kirby]

See irs publication 598 section 4 there is an exclusion for rents of real property for fed