| Churches as Landlords!
How can a church own houses that they rent out and still not pay taxes on the rental properties. I can understand that a church owns a house for their preacher to live in and not pay taxes on it. But I would think that if they own houses that they rent out the rental property should not be exempt from paying taxes. The First Presbyterian Church owns at least one house that they rent out and I am pretty sure they own others as well.
If a church gets into the business of being a landlord, the rental properties should not be exempt from taxes. The church itself and the parsonage should be exempt, but the property that doesn't have anything to do with the church business of saving sinners should not have the same tax advantages.
Am I alone in my thinking about this or do some of you others see nothing wrong with the rental property being tax exempt.
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