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There's also the loophole of running a church and designating your home as a "parsonage". Laws vary by state, but there's several that don't mind fully exempti
by tyingq 3y ago
There's also the loophole of running a church and designating your home as a "parsonage". Laws vary by state, but there's several that don't mind fully exempting sprawling estates if you represent it as such.
- sidewndr46 3y agoI know someone who looked into this and since the facility was a business 5 days a week & a church on Sunday they gave him a 1/7 tax credit. OTOH it made sense, as all he had to do was find a congregation that wanted to meet there.
- tyingq 3y agoThat seems like a reasonable, legal example. The Houston Chronical found ones that are unfortunately legal, but not reasonable...like: https://archive.is/SPY8K https://archive.is/SPY8K
- taxinaut 3y agoIt’s a ridiculous statute in my opinion, but this is also silly: > That means Copeland’s church gets a pass on what would otherwise be an annual property tax bill exceeding $150,000 — money that other local taxpayers must backfill to cover the cost of schools, police and firefighters. How on earth does this make sense? It’s not like there’s some divine requirement that an exact number of dollars must be paid and now everyone else is on the hook. Taxing rich people more is convenient and mostly accepted but come on, it’s 1 person, they aren’t using more schools/police/whatever.