Re:Travel, Budget Beds, and the Homeless
by nickthemagicman on Thursday December 28, 2017 @03:24PM
(#16024632)
How does he pay property tax?
[ Parent
| on HN ]
Re:Travel, Budget Beds, and the Homeless
by AFNobody on Thursday December 28, 2017 @03:40PM
(#16024732)
From the Article:
"During this time, they'll charge a small rent to its clients who stay in Trinity Place in order to have a budget covering taxes, insurance, utilities, and general maintenance."
Its basically the charity version of Section 8 Housing where people pay the minimum needed to maintain the property.
Re:Travel, Budget Beds, and the Homeless
by JoshTriplett on Thursday December 28, 2017 @03:37PM
(#16024714)
Charitable organizations are often exempt from property taxes on property used for charitable purposes.