re: Question for lawyers, tax accountants of the mighty OT.

quote:

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I know that churches are exempt from property taxes, however my question is........ If a church owns several houses that it rents to the general public for profit, i.e., no subsidized housing, hardship cases, unwed mothers, etc., would these properties continue to be exempt from state and local property taxation?

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I know of a church in Florida that owns land, allowed a strip mall to be built on that land, rents it out, and is exempt from property taxes.