Property Management Archives - Bushore Church Real Estate

Conditional Use Permits

BlogrollChurch for Rent, Church for Sale, Church Lease, Church Market, Church property, Church Real Estate, Nonprofit Corporation, Property Management, religious property, Religious use, Tax Exemption

Conditional Use Permits As with most things in real estate, especially when dealing with Special Use Property, it all comes down to highest and best use. Both of which have their roots in the zoning ordinances. In other words, what uses are permitted on the property. Sometimes a Special Use property is permitted by right, or “Grandfathered”. Other times, a Conditional Use Permit is required. Although a permit sounds simple enough, don’t let the name fool you. A Conditional Use Permit can be a long and expensive process with no […]

Churches and Unrelated Business Income Tax

BlogrollBingo, Church for Rent, Church for Sale, Church income tax, Church Lese, Church Market, Church property, Church Rental, Nonprofit Corporation, Property Management, Real Estate, religious property, Religious use, Tax Exemption, UBIT, Unrelated Business Income Tax, Unrelated Income Tax

Churches and Income Tax This article briefly describes how Unrelated Business Income Tax (UBIT) affects churches, although much of what follows generally applies to all tax-exempt organization. Defined: According to the IRS, Unrelated Business Income is income from a trade or business, regularly carried on, that is not substantially related to the exempt purpose that is the basis of the organization’s exemption. An exempt organization that has $1,000 or more of gross income from an unrelated business must file with the IRS and must pay estimated tax if it expects […]

Churches and Property Tax Exemptions

BlogrollBoard of Equalization, Church Exemption, Church for Rent, Church for Sale, Church Lese, Church Market, Church property, Church Real Estate, Escape Assessment, Nonprofit Corporation, Organizational Clearance Certificate, Property Management, Property Tax Exemption, Religious Exemption, religious property, Religious use, Tax Exemption, Welfare Exemption

Church Property Tax ExemptionsCounties throughout California are looking to churches as a way of increasing their revenue. One way to do so is by revoking all or part of an organization’s property tax exemption. Generally speaking, once a property has been classified as exempt, there is no specific guarantee the organization will continue to be exempt from the general tax levy against their property.In General:Churches are not exempt from special assessments, but only from taxes. Taxes are imposed on both real and personal property; with very few exceptions, special assessments […]

Church Officer and Director Liability

Blogrollbylaws, Church for Rent, Church for Sale, Church Lese, Church Market, Church property, Church Real Estate, Conflict of Interest, Corporation, Director, Duty of Care, Duty of Loyalty, Fiduciary Duty, Liability, Nonprofit Corporation, Officer, Property Management, religious property, Religious use, Tax Exemption

Liabilities of being a Board MemberMore often than not, I attend church council meetings that require some action be taken by the church board that results in some form of a corporate resolution. In many cases, the board members present can’t tell me who the officers or directors of the corporation are, or whether or not a quorum is present to ratify their actions. In my attempt to walk the board through the legal impact of their corporate bylaws, many are surprised to hear of the effect that a particular […]

Articles/Resources

Bushore Church Real Estate

Parent Category501(c)(3), Articles of Incorporation, Cell Tower, Church appraiser, Church for Rent, Church for Sale, Church property, Church Real Estate, Corporation, Developer, Franchise Tax Board, Nonprofit, Nonprofit Corporation, Orange County Real Estate, Property Management, real estate attorney, religious property, Tax Exemption

With us, you receive a full and experienced, in-house representation for all of your legal, corporate, and real property needs. Our company specializes in nearly all matters concerning Church Real Estate, including religious, nonprofit and tax-exempt organizations. We are a father and son California Real Estate team, having offices in both northern and southern California. […]

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