Re: Renting out space in a common house/ providing classes in common space
From: Elizabeth Magill (pastorlizmgmail.com)
Date: Fri, 21 Feb 2025 15:48:35 -0800 (PST)
Or just pay the taxes!
I mean, it's popular to suggest taxes are bad and I don't love all the
places they go...
but wouldn't it be fun to change the story.
Taxes are about supporting the common good.
Let's come out as pro-tax!

Also 20% of our income would be a huge amount.
I can't imagine how we'd come up with that many rentals.
Although maybe it would bring down our HOA dues.

(We had a huge discussion on whether professionals can rent our common
house. And what to charge. But mostly we just don't. Groups that want to
use the space have a member sponsor and don't pay for the usage.)

-Liz
(The Rev. Dr.) Elizabeth Mae Magill
Mosaic Commons Cohousing in Berlin, MA
www.elizabethmaemagill.com
508-450-0431


On Fri, Feb 21, 2025 at 4:54 PM jpustell--- via Cohousing-L <
cohousing-l [at] cohousing.org> wrote:

> 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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