Cohousing-L Mailing List: Re: Renting out space in a common house/ providing classes in common space

[jpustell [at] verizon.net (jpustell]

One surprise issue is a tax one.  Last time I checked, Condominiums filing tax 
form 1120H who get 20% of more of their income form non-members through rental 
fees or other amounts paid by non-unit owners run the risk of having to pay 
income taxes on those receipts.
A thing to check with your tax professional.
John Pustelljpustell [at] verizon.net
 

    On Friday, February 21, 2025 at 09:10:14 AM EST, Fred-List manager <fholson 
[at] cohousing.org> wrote:   

  Alan O'Hashi <adoecos [at] yahoo.com>
is the author of the message below.  It was posted by Fred of
the Cohousing-L management team <cohousing-l-owner [at] cohousing.org>
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--------------------  FORWARDED MESSAGE FOLLOWS --------------------
 Denise, I rent one of three offices from the HOA. The community also
has a coworking space for artists. We are looking for someone to take
a spot. We also rent out the common house for various events, from
birthday parties to memorial services, classes, and meetings. Boulder,
Colorado, is a high-cost area, and our prices are more than
competitive. You can read about it here.

https://silversagevillage.com/reserve-our-common-house/

Thx
Alan O

Alan O'Hashi 
 Libby Flats by Alan O'HashiThe Longest journeys lead back to 
yourselfhttps://bouldercomedia.com/
..303-910-5782....307-316-2113..
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