FinCEN Real Estate Reporting Rule
The current legal status of FinCEN’s real estate reporting rule, what it required, and why a church’s nonprofit status wouldn’t have exempted it if the rule is reinstated.
The current legal status of FinCEN’s real estate reporting rule, what it required, and why a church’s nonprofit status wouldn’t have exempted it if the rule is reinstated.
In California, a parsonage is not automatically exempt from property taxes—churches must first obtain an Organizational Clearance Certificate and then file annual county affidavits to prove the home is used exclusively as clergy housing.