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

[Elizabeth Stevenson (tamgoddess]

For some reason, I think that in CA, the law may be different, because we
had to create a separate account for meals and other non-HOA monies that we
take in. And we have several lawyers who were active in researching this
stuff at the time. I still think that when it comes to codes and state condo
laws, you should research your own area since they vary so much.


-- 
Liz Stevenson
Southside Park Cohousing
Sacramento California

http://members.home.net/southsideparkcohousing/
tamgoddess [at] home.com
> From: "Michael D" <ohanamd [at] earthlink.net>
> Reply-To: cohousing-l [at] cohousing.org
> Date: Fri, 10 Aug 2001 17:31:37 -0700
> To: <cohousing-l [at] cohousing.org>
> Subject: Re: [C-L]_renting common house to outsiders
> 
>> 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.
> 
> It's a simple matter to avoid profits.  Just put what would otherwise be
> profits back into new community expenses.
> 
> Namaste,
> Michael
> 
> 
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