Cohousing-L Mailing List: RE: for-profit entity

[Lashbrook, Stephan (lashbrook]

Howard & all:

You also want to be careful about running afoul of the local planning and
building code minions.  Some places have very strict rules about the types
of businesses that can be run from residential areas.

Stephan


-----Original Message-----
From: Howard Landman [mailto:howard [at] polyamory.org]
Sent: Friday, September 22, 2000 8:36 AM
To: Multiple recipients of list
Subject: for-profit entity


Hi,

We at River Rock are looking at setting up the "for-profit entity" that
will comprise all the activities in which a non-profit is not allowed to
engage.  So for example, our LAN service, our TV service, etc. will have
to come under this.

My question is, how have other communities dealt with this?  What legal
steps did you have to go through and what form of organization did you
choose and why?  We've considered various alternatives from just opening
a separate bank account to getting a taxpayer ID to incorporating in one
of several ways.  What are the good and bad points of each?

It might be most effective if answers were sent to me in private email
and I summarized to the list, but of course feel free to post if you
feel it's of general interest.

        Howard Landman