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ProSeries TaxExperience: 3 years
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Maybe a call to ProSeries Support can shed light on this question. It would seem they should be but I don't know for sure.
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Thanks for the reply. I have reviewed Publication 598, Tax on Unrelated Business Income of Exempt Organizations.Publication 598 (Rev. March 2021) (irs.gov)Withi...
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No mortgage when sold. There was a mortgage that was paid off at some point prior to the sale in 2023. I'm told it was paid off in 2020.
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Thanks very much for your feedback and the information you provided. Much appreciated.
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Thanks very much for the reply. This organization is not churched related, it is a local horned animal club.The ballroom was rented to members and to non-member...
