Cohousing-L Mailing List: RE: renting common house to outsiders

[Debbie Behrens (Debbie.Behrens]

You also need to consider if your kitchen is up to code for commercial use.
It can cost alot to make it commercially useable.
A homeowners' association does end up with taxable income from various
sources, but usually the expenses make it a wash.  Income from laundry, pop
machines, meals, etc.

Debbie Behrens
Highline Crossing
Littleton CO

-----Original Message-----
From: Sarah M. Corden [mailto:corden [at] qwest.net]
Sent: Friday, August 10, 2001 3:52 PM
To: cohousing-l [at] cohousing.org
Subject: Re: [C-L]_renting common house to outsiders


If a homeowners' association (or other such entity) has income such as would
result from space rental, you might be liable for taxes on that income.
Check with your association's accountant.


----- Original Message -----
From: "juliemazo" <JMAZO [at] crocker.com>
To: <cohousing-l [at] cohousing.org>
Sent: Thursday, August 09, 2001 12:56 PM
Subject: [C-L]_renting common house to outsiders


> We live in a town (Northampton MA) without a lot of rental space for large
> meetings, dances, and other public events.  Since our great room/dining
> room is empty more often than not, we're considering making it available
at
> a reasonable fee to nonprofit groups.  Are any of you doing this?  If so,
> are you encountering any problems?  How much do you charge?  Learning of
> your experience with this would be very helpful.  Thanks.  Julie Mazo,
> Pathways Cohousing.
>
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