Income from Personal Property Rentals

Income from Personal Property Rentals

Issue Many Christian colleges, seminaries, and universities rent land or building space to generate extra revenue throughout the year (REO!).  Generally, schools are not subject to unrelated business income taxes on real property rentals – even if those...
Political Activity by a College’s President?

Political Activity by a College’s President?

Issue In a presidential election year, there is always the opportunity for conversing and corresponding about candidates. Beware of the rules and that your institution does not participate in prohibited political campaign intervention. Situation Marathon Bible College...