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lmcarey1
Level 2
June 25, 2021
Question

A local Gun Club 501c7 is selling timber off of their land. Is the income subject to UBI Tax??

  • June 25, 2021
  • 2 replies
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2 replies

IRonMaN
IRonMaN
Level 15
June 25, 2021

Unless their mission statement says they are a gun club/lumberjack training organization, sounds like they might be paying some taxes this year.

Slava Ukraini!
    BobKamman
    BobKamman
    Level 15
    June 25, 2021

    Were the trees getting in the way of the targets?

    What is the purpose of owning a forest?  Are there animals they can shoot at?  Just seems like there is more to the story that would help with an answer.  

      sjrcpa
      sjrcpa
      Level 15
      June 25, 2021

      All the gun clubs in my neck of the woods are pretty much in the boondocks. In my area the boondocks are woods. No one wants one in a residential neighborhood.

      They clear enough land to use for target shooting. 

      Some are rod and gun clubs.

      They have social activities, too beyond shooting.

      The more I know the more I don’t know.
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