{"id":14328,"date":"2024-09-14T13:16:53","date_gmt":"2024-09-14T17:16:53","guid":{"rendered":"https:\/\/www.prcli.org\/staging\/3075\/?post_type=project&#038;p=14328"},"modified":"2024-09-17T13:59:50","modified_gmt":"2024-09-17T17:59:50","slug":"renting-church-property-opportunities-pitfalls-and-tax-consequences","status":"publish","type":"project","link":"https:\/\/www.prcli.org\/staging\/3075\/project\/renting-church-property-opportunities-pitfalls-and-tax-consequences\/","title":{"rendered":"Renting Church Property: Opportunities, Pitfalls and Tax Consequences"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Hero&#8221; _builder_version=&#8221;4.27.0&#8243; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_type=&#8221;circular&#8221; background_color_gradient_direction_radial=&#8221;top left&#8221; background_color_gradient_stops=&#8221;#210b00 10%|rgba(33,25,21,0) 100%&#8221; background_color_gradient_overlays_image=&#8221;on&#8221; background_color_gradient_start=&#8221;#210b00&#8243; background_color_gradient_start_position=&#8221;10%&#8221; background_color_gradient_end=&#8221;rgba(33,25,21,0)&#8221; custom_padding=&#8221;53px|0|53px||true|false&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; title_text=&#8221;73&#8243; background_image=&#8221;https:\/\/www.prcli.org\/staging\/3075\/wp-content\/uploads\/2024\/09\/73.png&#8221; sticky_enabled=&#8221;0&#8243;][et_pb_row _builder_version=&#8221;4.27.0&#8243; min_height=&#8221;300px&#8221; custom_padding=&#8221;29px|0px|27px|0px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;|700|||||||&#8221; text_text_color=&#8221;#FFFFFF&#8221; header_font=&#8221;|600|||||||&#8221; header_6_text_color=&#8221;#FFFFFF&#8221; custom_margin=&#8221;18px|||||&#8221; custom_padding=&#8221;||3px|||&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p>Stewardship and Finance<\/p>\n<p>[\/et_pb_text][et_pb_heading title=&#8221;Renting Church Property: Opportunities, Pitfalls and Tax Consequences&#8221; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; title_font=&#8221;&#8211;et_global_heading_font|800||on|||||&#8221; title_text_color=&#8221;#FFFFFF&#8221; custom_margin=&#8221;-15px|||||&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_heading][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; text_text_color=&#8221;#FFFFFF&#8221; text_font_size=&#8221;16px&#8221; header_text_color=&#8221;#FFFFFF&#8221; custom_margin=&#8221;-18px|||||&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p><span>Learn about renting church-owned real estate, inlcuding how to find tenants, negotiating terms, and tazx consequences.<\/span><\/p>\n<p>[\/et_pb_text][et_pb_button button_text=&#8221;Watch the Webinar&#8221; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; custom_button=&#8221;on&#8221; button_text_color=&#8221;#E09900&#8243; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; button_url=&#8221;https:\/\/us06web.zoom.us\/webinar\/register\/WN_On_IOdk1S3KHsLmnmvcNZg#\/registration&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Webinar Description&#8221; _builder_version=&#8221;4.26.0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_row column_structure=&#8221;2_5,3_5&#8243; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_heading title=&#8221;About the Webinar&#8221; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; title_level=&#8221;h2&#8243; title_font=&#8221;&#8211;et_global_heading_font|600|||||||&#8221; title_text_color=&#8221;#E09900&#8243; global_colors_info=&#8221;{}&#8221;][\/et_pb_heading][\/et_pb_column][et_pb_column type=&#8221;3_5&#8243; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;&#8211;et_global_body_font||||||||&#8221; text_text_color=&#8221;#000000&#8243; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p><span>This webinar will discuss the renting of church-owned real estate, whether existing church buildings and ancillary buildings, or ground leases of vacant sites. It will also address the process of finding a potential tenant, negotiating terms of a lease or use and occupancy agreement with a focus on shared usage concerns, and obtaining of Attorney General approval, if applicable. It will also explore potential federal and local tax consequences to such tenancies.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;2_5,3_5&#8243; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_heading title=&#8221;About the Presenter&#8221; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; title_level=&#8221;h2&#8243; title_font=&#8221;&#8211;et_global_heading_font|600|||||||&#8221; title_text_color=&#8221;#E09900&#8243; global_colors_info=&#8221;{}&#8221;][\/et_pb_heading][et_pb_image _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][et_pb_column type=&#8221;3_5&#8243; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;&#8211;et_global_body_font||||||||&#8221; text_text_color=&#8221;#000000&#8243; custom_padding=&#8221;||49px|||&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p class=\"\"><span>Renato Matos is a Partner at Capell Barnett Matalon &amp; Schoenfeld LLP. Since joining the firm in 2009, Renato has primarily focused on the Real Estate, Corporate and Taxation areas of their practice. Renato routinely works with religious and not-for-profit corporations on complex real estate transactions He is counsel to numerous denominational governing bodies, including the Atlantic District of the Lutheran Church-Missouri Synod, the Metropolitan New York Synod of the Evangelical Lutheran Church in America and the Northeastern Conference of Seventh Day Adventists, as well as individual Baptist, Episcopal, Presbyterian and non-denominational congregations. Renato focuses much of his practice on protecting churches\u2019 assets and developing strategies for long-term asset growth to ensure the sustainability of the missions and ministries of his clients. Renato is active in the community and regularly donates his time and expertise to numerous charitable organizations. <\/span><\/p>\n<p class=\"\"><span>This webinar was originally broadcast on April 24,2018.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Related Projects&#8221; _builder_version=&#8221;4.26.0&#8243; background_color=&#8221;#f25b3a&#8221; custom_padding=&#8221;20px|0px|20px|0px|true|false&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.26.0&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.26.0&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_heading title=&#8221;Related Resources&#8221; _builder_version=&#8221;4.26.0&#8243; _module_preset=&#8221;default&#8221; title_font=&#8221;|||||on|||&#8221; title_text_color=&#8221;#FFFFFF&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_heading][et_pb_portfolio fullwidth=&#8221;off&#8221; include_categories=&#8221;697&#8243; show_categories=&#8221;off&#8221; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; title_level=&#8221;h3&#8243; title_font=&#8221;&#8211;et_global_heading_font||||||||&#8221; title_text_color=&#8221;#FFFFFF&#8221; title_font_size=&#8221;16px&#8221; title_line_height=&#8221;1.6em&#8221; hover_enabled=&#8221;0&#8243; border_color_all=&#8221;RGBA(255,255,255,0)&#8221; border_style_all=&#8221;none&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_portfolio][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Contact Banner&#8221; _builder_version=&#8221;4.26.0&#8243; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_type=&#8221;circular&#8221; background_color_gradient_direction_radial=&#8221;top right&#8221; 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title_text_color=&#8221;#FFFFFF&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_heading][et_pb_contact_form captcha=&#8221;off&#8221; module_id=&#8221;et_pb_contact_form_1&#8243; _builder_version=&#8221;4.26.0&#8243; form_field_background_color=&#8221;rgba(0,0,0,0)&#8221; form_field_text_color=&#8221;#ffffff&#8221; form_field_font=&#8221;Open Sans||||||||&#8221; form_field_font_size=&#8221;16px&#8221; form_field_line_height=&#8221;2em&#8221; custom_button=&#8221;on&#8221; button_text_size=&#8221;16px&#8221; button_text_color=&#8221;#ffffff&#8221; button_border_width=&#8221;0px&#8221; button_border_radius=&#8221;0px&#8221; button_letter_spacing=&#8221;1px&#8221; button_font=&#8221;Roboto|700||on|||||&#8221; button_use_icon=&#8221;off&#8221; border_width_all=&#8221;2px&#8221; border_color_all=&#8221;rgba(255,255,255,0.4)&#8221; form_background_color=&#8221;rgba(0,0,0,0)&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_contact_field field_id=&#8221;Name&#8221; field_title=&#8221;Name&#8221; 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button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;off&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;off&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;][\/et_pb_contact_field][\/et_pb_contact_form][\/et_pb_column][et_pb_column type=&#8221;1_5&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_blurb title=&#8221;West Islip&#8221; use_icon=&#8221;on&#8221; font_icon=&#8221;&#xe081;||divi||400&#8243; icon_color=&#8221;#ffffff&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;1100px&#8221; _builder_version=&#8221;4.26.0&#8243; header_font=&#8221;|800||on|||||&#8221; header_font_size=&#8221;16px&#8221; header_letter_spacing=&#8221;0.5px&#8221; header_line_height=&#8221;1.7em&#8221; body_font=&#8221;Open Sans||||||||&#8221; body_line_height=&#8221;2em&#8221; background_layout=&#8221;dark&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>109 Udall Road, West Islip, NY 11795<\/p>\n<p><a href=\"mailto:charlaine@prcli.org\">charlaine@prcli.org<\/a><\/p>\n<p>(613) 486-4350<\/p>\n<p>M-Th, 9am to 4pm<\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][et_pb_column type=&#8221;1_5&#8243; _builder_version=&#8221;4.26.0&#8243; 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Sinai&#8221; use_icon=&#8221;on&#8221; font_icon=&#8221;&#xe081;||divi||400&#8243; icon_color=&#8221;#ffffff&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;1100px&#8221; _builder_version=&#8221;4.26.0&#8243; header_font=&#8221;|800||on|||||&#8221; header_font_size=&#8221;16px&#8221; header_letter_spacing=&#8221;0.5px&#8221; header_line_height=&#8221;1.7em&#8221; body_font=&#8221;Open Sans||||||||&#8221; body_line_height=&#8221;2em&#8221; background_layout=&#8221;dark&#8221; custom_padding=&#8221;|0px||||&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>233 N. County Rd., Mt. Sinai, NY 11766<\/p>\n<p><a href=\"mailto:karen@prcli.org\">karen@prcli.org<\/a><\/p>\n<p>(631) 821-2255<\/p>\n<p>W-Th, 10am to 3pm<br \/>Sat by app&#8217;t only<\/p>\n<p>[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stewardship and FinanceLearn about renting church-owned real estate, inlcuding how to find tenants, negotiating terms, and tazx consequences.This webinar will discuss the renting of church-owned real estate, whether existing church buildings and ancillary buildings, or ground leases of vacant sites. It will also address the process of finding a potential tenant, negotiating terms of a [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":14301,"comment_status":"open","ping_status":"closed","template":"","meta":{"nf_dc_page":"","_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"project_category":[697],"project_tag":[752,916,915,766,759],"class_list":["post-14328","project","type-project","status-publish","has-post-thumbnail","hentry","project_category-stewardship-and-finance","project_tag-irs","project_tag-property","project_tag-rent","project_tag-rental","project_tag-tax"],"_links":{"self":[{"href":"https:\/\/www.prcli.org\/staging\/3075\/wp-json\/wp\/v2\/project\/14328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prcli.org\/staging\/3075\/wp-json\/wp\/v2\/project"}],"about":[{"href":"https:\/\/www.prcli.org\/staging\/3075\/wp-json\/wp\/v2\/types\/project"}],"author":[{"embeddable":true,"href":"https:\/\/www.prcli.org\/staging\/3075\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prcli.org\/staging\/3075\/wp-json\/wp\/v2\/comments?post=14328"}],"version-history":[{"count":3,"href":"https:\/\/www.prcli.org\/staging\/3075\/wp-json\/wp\/v2\/project\/14328\/revisions"}],"predecessor-version":[{"id":14331,"href":"https:\/\/www.prcli.org\/staging\/3075\/wp-json\/wp\/v2\/project\/14328\/revisions\/14331"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.prcli.org\/staging\/3075\/wp-json\/wp\/v2\/media\/14301"}],"wp:attachment":[{"href":"https:\/\/www.prcli.org\/staging\/3075\/wp-json\/wp\/v2\/media?parent=14328"}],"wp:term":[{"taxonomy":"project_category","embeddable":true,"href":"https:\/\/www.prcli.org\/staging\/3075\/wp-json\/wp\/v2\/project_category?post=14328"},{"taxonomy":"project_tag","embeddable":true,"href":"https:\/\/www.prcli.org\/staging\/3075\/wp-json\/wp\/v2\/project_tag?post=14328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}