2006-10-26 01:42:26 · 4 answers · asked by HomePapa 3 in Business & Finance ➔ Taxes ➔ United States
Tax exemption has nothing to do with whether the organization is religion-based or not.
Exemption is granted from property taxes on property used for the organization's exempt purpose , but it's correct as someone stated that a 501c(3) organization would pay real estate taxes on property used for example as rental property to make money.
2006-10-26 07:45:01 · answer #1 · answered by Judy 7 · 1⤊ 0⤋
Your state should have a statute that exempts certain properties from the real estate tax. The statute usually exempts non-profits, such as, churches, schools, hospitals, public charities, etc.. Havings said this, there are circumstances that can cause a non-profit to pay real estate taxes on the property they own, because the non-profit might rent or use their property for a moneymaking venture. Check with your State and County to get a specific answer for your individual case.
2006-10-26 09:52:23 · answer #2 · answered by cr125dr650 1 · 1⤊ 0⤋
If they are not a religious entity registered with the IRS then if they own real property they pay taxes so they have fire protection and etc.
2006-10-26 11:56:12 · answer #3 · answered by acmeraven 7 · 0⤊ 1⤋
i dont think so
2006-10-26 11:04:23 · answer #4 · answered by LATANYA N 2 · 0⤊ 0⤋