There is yet another wrinkle to that wrinkle under the 514 treasury regs -- if substantially all of a property's use is directly related to its exempt purpose, it is not considered debt financed.It's very possible a church could invest in rental properties to further its tax exempt purpose and not incur UBTI.Good convo to have with a lawyer and a tax CPA/EA.

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He has at least 2 or 3 nearly identical posts, bashing a company that is his direct competitor (even though he makes it very clear that they are not competitors 🙄), so that could warrant a post coming down.

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If you need help with this or have any other questions just send me a direct message and I would be happy to help. 

Not posting names directly because I do not want to be seen as endorsing any alt-doc non-qm lender. 

Space is attractive, with a large atrium in center that provides an open, light-filled, airy feeling. 

There will be many more swings of $1,000+ one direction or the other in your investing career.

If they above doesnt come into play then I would go directly to the owner and start a conversation.

Hello Ive flipped houses for a few years and have saved up $250+k and am looking into taking my business more in the direction of the passive income strategy.