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

[Elizabeth Stevenson (tamgoddess]

Codes are different everywhere. We had to have ours up to commercial
standards anyway. And you can lose non-profit status if you make a profit,
maybe even if it does turn out to be a wash. It seems a visit to a lawyer
would be in order.

You can also look in the archives, since we talked about this recently. I
can't remember what the title was. Anybody?


-- 
Liz Stevenson
Southside Park Cohousing
Sacramento California

http://members.home.net/southsideparkcohousing/
tamgoddess [at] home.com
> From: Debbie Behrens <Debbie.Behrens [at] syngistix.com>
> Reply-To: cohousing-l [at] cohousing.org
> Date: Fri, 10 Aug 2001 16:00:50 -0600
> To: "'cohousing-l [at] cohousing.org'" <cohousing-l [at] cohousing.org>
> Subject: RE: [C-L]_renting common house to outsiders
> 
> 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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