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Updated over 5 years ago,
Renting a SFH to a nonprofit
Has anyone done this? Would like to know what your experience has taught you.
In this case, the property would be used for a meeting place and periodic overnight sleeping for some special needs young adults.
A Few things we have considered that may apply:
Does the property need to be classified at business personal property with the appraisal district?
Input from neighbors? Can they cause us any unexpected trouble?
Any changes to the lease, like using a commercial lease?
Thanks