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    Can a church that assumes a building for worship subject to two sublet leases be subject to Unrelated business tax income on those rents received?

    taxprep5268
    Level 2
    ‎12-07-2019 07:14 AM
     
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    1 Best Answer

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    sjrcpa
    Level 15
    ‎12-07-2019 07:14 AM

    It could.

    The more I know, the more I don't know.

    View solution in original post

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    2 Comments 2
    sjrcpa
    Level 15
    ‎12-07-2019 07:14 AM

    It could.

    The more I know, the more I don't know.
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    Accountant-Man
    Level 13
    ‎12-07-2019 07:14 AM

    Maybe.

    ** I'm still a champion... of the world! Even without The Lounge.
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