Question:
This question is submitted by Nancy H. out of Delaware
Can an HOA create a separate nonprofit entity for its clubhouse management, including renovation and fundraising? It's a historic building. The HOA itself is NOT a nonprofit. Is it wise to create a separate entity, from a tax standpoint?
Thoughts?
Answers (4)
What are your thoughts on this topic?
Comments and postings are not legal advice, but are the opinions of our readers. This forum and its contents are being monitored. Please be respectful of each other.