Parsonages and church buildings under construction are exempt. You can review this Business and help others by leaving a comment. However, the parsonage may still quality under a welfare exemption.That is, provided its use can be deemed incidental to the church's purpose for with it was established; religious worship. The occupants use for residential purposes is secondary to the organizations primary exempt purpose and shall not disqualify the parsonage from exemption either in whole or in part. The court concluded that priests were not required to live in the parsonage (the temporary priest had not done so), and accordingly the parsonage was not "reasonable necessary" for church use. In many cases, the fair market rental value of the housing provided by the church is greater than the salary offered. See a problem? The primary concern is either Property Taxes or Unrelated Business Income Tax. Let us know. In fact, rental income can provide a flow of funds that is more reliable and consistent than donations. Even where the congregation Richard Hammar answers relevant tax and finance questions for church leaders. Thus, retired ministers may request that distributions from their 403(b) Plan be designated in whole or in part as a parsonage allowance. Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas including investing, insurance portfolio management, finance and accounting, personal investment and financial planning advice, and development of educational materials about life insurance and annuities. there is no mortgage on the property), the resulting income is seen as passive rental . For tax purposes, this allowance is exempted from the recipient's gross income. A parsonage allowance is a sum of money awarded by the same governing board of a house of worship to its minister to offset housing expenses. Internal Revenue Service. 417: Earnings for Clergy." By the Middle Ages, many parish priests lived in grand houses befitting their status as members of the clergy. The Internal Revenue Code specifically permits rental activity of a church as an activity related to the mission of the church, meaning that rental activity is exempted from unrelated business income tax (UBIT) unless the church has a mortgage on the property being rented out. true /ColorSpace 8 0 R /BitsPerComponent 8 /Filter /FlateDecode >> The Benefits Of Online Giving For Churches. As far as the California Board of Equalization is concerned, the issue lies in the use being incidental to and reasonably necessary for the religious purpose of the church. Internal Revenue Service. 4 0 obj =FL- Md?`eY=e=aKA!cR%w(10V`l#3h@mrF^s"oS^yJ There was a very strict contract drawn up as part of the rental agreement that included a no alcohol and drug policy as well as a twice a year inspection of the home. With respect to employee housing provided by qualified organizations, the Legislature enacted section 214(i) in 1988, as declaratory of existing law, referencing longstanding judicial precedent on this issue. However, a church can negotiate to have the resulting property taxes paid by the company leasing the steeple. Claim this business (585) 232-6941. !a-cBHrd|,.#NZ Accordingly, a church can spend its revenues on staff salaries, building upkeep, education and charitable programs. Directions Advertisement. If the property to be rented is debt-financed, however, rental income will be viewed as profits from a trade or business that is not substantially related to the religious purpose of the church. These include white papers, government data, original reporting, and interviews with industry experts. Advertisement . activity of a church as an activity related to the mission of the church, meaning that rental activity is exempted from unrelated business income tax A minister who has a parsonage allowance and itemizes deductions may also deduct mortgage interest and property taxes from income taxes. Understand the requirements of your tax-exempt status. Vacant land owned by a church is not exempt, unless the church is actively seeking to build a house of worship or a parsonage on the land. endstream endobj startxref Nonetheless, I believe working/professional relationships can have healthy boundaries so we can still minister to professionals serving us more than a mere transaction of payment and service. Even though his schedule is often packed, he will do what he can to make time for our staff/team as we learn how to sustain an aging property. Eagle Retirement Plans, Inc. "Church Plans." If the fair rental value of the onsite parsonage is $15,000 annually, the ministers gross income would be $50,000 for federal income tax purposes, but it would be $65,000 for self-employment tax purposes. The Idaho Supreme Court issued a lamentable ruling limiting the property tax exemption of "parsonages" to church-owned residences occupied by clergy serving a "localized congregation. A parsonage allowance is an exclusion that can be taken from gross income for income but not self-employment tax purposes, according to the IRS website. Parsonage Property Taxes: Once the pastor ceases to live in the parsonage, the tax exemption will be in jeopardy. A churchs house of worship, the parsonage occupied byits ordained minister, and a reasonable amount of surrounding land are exempt from local property taxes, provided these properties are being used exclusively for religious purposes. Revised May 23, 2018 . They would be taxed on salary minus living expenses, which is now $25,000, half the original salary. 2 0 obj The church, as the employer, may contribute to the plans, and this type of plan offers distribution methods for retired ministers, too. The word parsonage comes from the Old French personage and Medieval Latin personagium, both of which mean house for a person. In the early days of the church, a parsonage was often little more than a roof over the head of the priest. This SJC case concerned an attempt by the town of Attleboro to tax much of the property belonging to a Catholic shrine to Our Lady of LaSalette. If you want to share your thoughts about Peace Baptist Church Parsonage, use the form below and your opinion, advice or comment will appear in this space. You can learn more about the standards we follow in producing accurate, unbiased content in our. The housing allowance is an additional amount of money provided to cover the costs of maintaining the dwelling and is often tax-exempt. Whether large or small, a parsonage is a unique and essential part of the history of the church. endstream endobj startxref It again relied on the earlier decision of the state supreme court: No hard and fast rule can properly be laid down to govern all cases. Nonprofit organizations have boards of directors, but no owners. If a church decides to rent or lease its parsonage to someone other than its minister, the church will likely have to pay property taxes. A single uniform statewide standard shall be used to determine whether the welfare exemption applies to housing and related facilities owned and used by qualified organizations. Churches and religious organizations are almost always nonprofits organized under Section 501(c)(3) of the Internal Revenue Code. More. Churches, like all other nonprofits, can own property and use it for a variety of purposes. Cost of applying for exemption. This lease should include the provision that the tenant is responsible for all real estate taxes and personal property taxes associated with the tenant's operations. % The offers that appear in this table are from partnerships from which Investopedia receives compensation. The Internal Revenue Code specifically permits rental activity of a church as an activity related to the mission of the church, meaning that rental activity is exempted from unrelated business income tax (UBIT) unless the church has a mortgage on the property being rented out. Section 214(i) states in relevant part that: Property used exclusively for housing and related facilities for employees shall be deemed to be within the exemption to the extent the residential use of the property is institutionally necessary for the operation of the organization. Hi, I'm Angie, and I'm going to help you with your question. The Minnesota appeals court noted that there were two issues: " (1) whether the property qualifies for exemption on the basis that the rent proceeds are utilized for church purposes; and (2) whether the temporary rental of a parsonage pending arrival of a new pastor destroys the tax exemption." p+0p(i7ZL >/Metadata 36 0 R/Names 435 0 R/Pages 414 0 R/StructTreeRoot 75 0 R/Type/Catalog/ViewerPreferences<>>> endobj 424 0 obj <>/Resources<>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/StructParents 10/TrimBox[0 0 396 612]/Type/Page>> endobj 425 0 obj <>stream A recent Massachusetts Supreme Judicial Court ruling may encourage some tax assessors to take a closer look at church properties. Alison, Must a Church Apply for Tax-exempt Status. :,us9gu+lga`30 6m2&9gQVrJY{u/md3SWja=:>|sum'xCafNgG` $^2{~c=;qsz/fx6u@z^dSKR[+_n!}q3%d/Is^4[M2mlYt|uqnSv,lQr>;{^1ic7w=0a#{ot#=?o?wcxc+pK=o=0wN{NMhf8redd^} %D%iQe.qnP% Retired ministers may be eligible for the parsonage allowance. If a church decides to rent or lease its parsonage to someone other than its minister, the church will likely have to pay property taxes. More. Triedstone Baptist Church Parsonage. Find Related Places. The church voted to rent out the parsonage and have an oversight committee that would essentially serve as the "landlords" for the parsonage. A residential property, (parsonage) owned by the church and being leased does affect the property tax exemption, namely the religious exemption. $vLR?dpyu@z?@EV 3=$v=b@5,L3z8Z3egIhZv8,gQ&m8 Gh1i1< Q+(DLg1jB#mc RHRO!nK1fbY02%S{=U'4;ap%w2;8>9 Heres what you need to know about this important benefit. A reasonable amount of property intended and reasonably necessary for such use in the near future, and suitably located, may also be exempt. Accordingly, the church rented the parsonage, and used the rental income to pay a housing allowance to its temporary priest. It should be noted that the welfare exemption cannot be considered by the county assessors office until the requesting organization has applied for. First, churches can provide their clergy with housing without them having to pay taxes on the value of the dwelling. However, the situation in which the parsonage is being rented will come into play. The amount officially designated (in advance of payment) as a housing allowance, The amount actually used to provide or rent a home, Mortgage payments (principal and interest), Payments for utilities and service delivery. In addition, the payments officially designated as parsonage allowance must be used in the year received. Vacant land owned by a church is not exempt, unless the church is actively seeking to build a house of worship or a parsonage on the land. Ministers' Compensation and Housing." Directions Advertisement. And while churches are not allowed to turn a profit, they can operate businesses for revenue, including rental properties. The purpose of Rule 137 is to clarify that the welfare exemption from property taxation applies to housing and related facilities owned and operated by qualified nonprofit organizations. U\~m;1m7GpF]%vy@d{|G%ZWh`oRs,ri!eBBya`X^eIU' b / Emmanuel United Methodist Church Parsonage. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Rule 137 provides the following guidance for applying the welfare exemption to housing: Housing and related facilities owned and used by community chests, funds, foundations or corporations organized and operated for religious, hospital, scientific or charitable purposes is eligible for the welfare exemption from property taxation as provided in Revenue and Taxation Code section 214. ;!s]c,B#&u D>#Q1QNmP!0*dRdav'nQLM'^tz~~nOVa5?Kknv7{*{S {"yl'g%xm/,ca&UbSr This information is not intended to be legal advice or relied upon as a legal opinion, course of action, accounting, tax or other professional service. However, suppose the home equity loan is used to cover post-secondary tuition expenses or other costs not eligible as a parsonage expense. The court rejected the view that the parsonage could retain its exemption on the ground that the rental income was used for church purposes. Another consideration is whether or not the church is liable for Federal Income tax. J 1Q\W~w}s:1s1c/_o_;jc'=>Sk4=^6&=5z gS'85gG6tnx!m>;u182M]#m%lCO '^z%S_`>%P 62Ttd|H^?/FN:O/n&KB~$III^IO6 &/0~@QmK?Mfy}786@gA,K;^Wwb3= >(Jz/;ure&?MWtOs4HJ!k%o1{JH5n6 y'f(??'Ogl}~r8 N~~t3s(txg9~Z|m7&U)Cv$f4O>\fR1,qdKhFu I> 3;` ?e;'>/<3_6 ?nM*OK#'~|)I. churches on a multiple point charge by percentage of own-ership. Parsonages or housing allowances are an important part of many clergy compensation packages. For purposes of determining eligibility for the welfare exemption, it is the use of the parsonage and related facilities by the organization owning the property that is to be considered, not the occupants use. Kvd86!aF:|`e6Q. Specifically, if the tenant is a non-profit charitable organization, the tenant must either claim a charitable exemption and file the appropriate paperwork with the city or town to avoid the assessment of real estate taxes on the property they are leasing, or pay the assessed taxes. << /Length 5 0 R /Filter /FlateDecode >> Church Organizations. Accessed June 13, 2021. However, the parsonage may still quality under a welfare exemption. However, as the church grew in power and wealth, so did the parsonages. What Are the Advantages & Disadvantages Eric Feigenbaum started his career in print journalism, becoming editor-in-chief of "The Daily" of the University of Washington during college and afterward working at two major newspapers. Over 40,000 churches and nonprofits trust Aplos to simplify their finances. Accessed June 13, 2021. How Zoning Codes Effect Churches However, the town is permitted to levy property tax on the parts of the LaSalette property which are leased to unrelated nonprofit organizations. endobj First Right of Refusal. Clergy. We often work with churches that have a parsonage going unused or rented out to non-members. Following a 2017 SJC ruling, Massachusetts Conference, UCC legal counsel recommends that any church that rents property to an entity outside the church have a written lease with the tenant. (MACUCC Church Finance Handbook, 2018, p. 160-162). Let us know. I understand this is my personal opinion/preference and Ryan probably hold a different view - a stricter professional view - in which case I can also respect and accept. However, the parsonage may still quality under a welfare exemption.That is, provided its use can be deemed incidental to the church's purpose for with it was established; religious worship. How Does the Ministers Housing Allowance Impact Your Retirement? hr6I.M U)W9&uAq9V~o#j4Jlnf.Z 4? 40PiOD t"WlL(N( RA8[u}$O_[mMM?.N:T+w{J2P +YexE6u^.o.,`?z'=W"s:kU^L99yb.[Y;Bt{GE.nZ*>};}1\XA2:^nWzvmW.j7Uv-|G]^}#LWWG-][rjQV9-oKWSWtmCP~:G7@{>dk{G'gtN?]%_W^t[;\GXeQfEz)q9G54' -hI%RE+5A-u{@[6/MU~,f:gTM[kuWv4N/0E Il62Er%=HE9q]kpsyu+)6Un'lj^aS=5jnYQmW# 6T4v~R!/YE^M? The amount deducted may cover reasonable housing costs. If the tenant is a for-profit organization or individual, the lease clause would simply require that the tenant pay the taxes. I agree with my colleagues. Sign up for our newsletter: The modified adjusted gross income (MAGI) you report on your tax return is used to determine if you qualify for certain tax benefits. (That property could be exempt from taxation on the grounds that the tenants are charitable organizations, but the appropriate filings had not been made for this sort of exemption.). Accessed June 13, 2021. As such, the question arises as to tax liabilities. As pressures increase on town budgets, local tax assessors are more likely to look to church properties as a potential source of tax revenue. The Minnesota appeals court noted that there were two issues: "(1) whether the property qualifies for exemption on the basis that the rent proceeds are utilized for church purposes; and (2) whether the temporary rental of a parsonage pending arrival of a new pastor destroys the tax exemption." Accessed June 13,2021. "Housing provisions shall comply with the Annual Conference housing policy and parsonage standards." (Paragraph 252.4e "How Does the Ministers Housing Allowance Impact Your Retirement?" Thanks to the Bushore Real Estate Group, our small non profit found not one but two new homes. Get our Weekly Church Law & Tax Update newsletter: The court further concluded that the temporary rental of the parsonage in this case pending arrival of the new priest destroyed the tax exemption of the property. Parsonage allowances only apply to a ministers primary residence and do not include commercial property or vacation homes. If the organizations use of the parsonage is incidental to and reasonably necessary for the accomplishment of the organizations exempt purposes, the property is eligible for exemption. The information contained herein is intended to be general in nature as laws vary between federal, state, counties, and municipalities and therefore may not apply to any given matter. This compensation may impact how and where listings appear. 1778 0 obj <> endobj Ryan and Jerry helped us negotiate a 25 year lease with an active church in Inglewood. (10 days' notice) with the DS for a church vote on the sale of parsonage (DS recommends 70% approval). may have to be used to further the charitable, religious or other purpose of the company for which the tax-exemption was issued by the IRS. %PDF-1.6 % Is a Parsonage Allowance an Exclusion or a Deduction? It has long been the case that towns have the authority to tax any church property other than a house of worship or a parsonage in which the current pastor resides. Accessed June 13, 2021. The standard is whether the use of the property by the organization for housing and related facilities is a use that is incidental to and reasonably necessary for the accomplishment of the exempt purposes of the organization. Thus, it can be lengthy to prepare and process. Accessed June 13, 2021. Fortunately, Aplos offers a church accounting solution that was specifically created to reduce the stress of regular bookkeeping while increasing the efficiency of your ministry. If you have a summer home or an investment property, you will not be able to exclude those expenses from your gross income. xTM0W_KZq+E@9EjmElrdf)qG;'Bic.}1.L >dB>+zIe(R]P#dCl!zrh]/Xuy1:UnUzbDd`1,VA\=|(i8z,>\g,Z{PbX.Z,cfq?]#ROFn[~]brwc1-6%gn7XT{&/*X:XD@EAUP:H1X:/K E&WUqA=k&AB= He later did many print and Web projects including re-brandings for major companies and catalog production. The church intended to hire a permanent priest in the near future who would live in the parsonage. Ryan provided excellent service to me and my family. stream Advertisement. Most church organizations own their church buildings and many buy additional parcels of land. You should consult the proper legal or professional advisor knowledgeable in the area that pertains to your particular situation. Churches are legally allowed to rent out their facilities. If you receive as part of your salary (for services as a minister) an amount officially designated (in advance of payment) as a housing allowance . Committee is responsible for the parsonage and makes annual recommendations to the Church Council "regarding the provision of adequate housing for the pastor(s)," and gives an annual report to the Charge Conference. When no interest is owned in a parsonage on a multiple point charge by one or more churches, each church having no ownership should pay its pro-rata share of the fair rental value of the parsonage. If you roll over your funds out of your 403(b), you will not be able to claim a housing allowance. "Ministers' Compensation & Housing Allowance." ""T4QeWD0!B*a-a L N(6 < 0v2)#S,2ez00~RC hbbd``b`z$X@M ;$ @b;#)H3@ However, the situation in which the parsonage is being rented will come into play. hSKSQ&sv'h|d*W-S$Pw9E"$!J\iVTds: Q .A,:-Eo % |,MZWzrq~lZ9n8tN~C2fPzWhxE;0 {+$fYRBU}=o,d8X8A}A(o4JH*XN+~QqbGb!OUZc]&Ccl Minnesota All churches, church property, and houses of worship are exempt per Minnesota Statutes. Peace Baptist Church Parsonage is located at 6 Oregon St, Rochester, NY, 14605, The website (URL) for Peace Baptist Church Parsonage is: http://www.peacebaptist.com/. Vital coverage of critical developments, news, insights, and resources about legal and tax matters affecting churches, clergy, staff, and volunteers nationwide. 448 0 obj <>stream The Harm in Renting Out the Church Parsonage We often work with churches that have a parsonage going unused or rented out to non-members. Spiritual Organizations. Your email address will not be published. OF REVENUE TAXPAYERS GUIDE TO LOCAL PROPERTY TAX EXEMPTIONS -RELIGIOUS and CHARITABLE ORGANIZATIONS Clauses 3, 10, 11, published a helpful article including links to further information here. In the case above, the $15,000 can be used towards the rent and utilities, or if the house has a mortgage, towards the loan payment. Provided the church owns the property outright (i.e. If the church keeps the parsonage, but rents it out there would be no restrictions on the use of that income. "2019 Publication 517: Social Security and Other Information for Members of the Clergy and Religious Workers," Page 3. There would be taxed on salary minus living expenses, which is $! An Exclusion or a Deduction the Old French personage and Medieval Latin personagium, of! Accurate, unbiased content in our church in Inglewood, 2018, 160-162. The Bushore Real Estate Group, our small non profit found not one two. Taxes paid by the company leasing the steeple of money provided to cover the costs of maintaining the dwelling is! A housing allowance Impact your Retirement income tax taxes: Once the pastor ceases to live the! 9Gqvrjy { u/md3SWja=: > |sum'xCafNgG ` $ ^2 { ~c= ; qsz/fx6u @ z^dSKR [ +_n rental income pay... Or vacation homes work with churches that have a parsonage expense, including rental properties the head the! About the standards we follow in producing accurate, unbiased content in our is as. Handbook, 2018, p. 160-162 ) church, a parsonage going or!, as the church the pastor ceases to live in the parsonage may still quality under a welfare exemption 's. Salary minus living expenses, which is can a church rent out its parsonage $ 25,000, half the salary!, but no owners and where listings appear the rental income was used for church purposes the recipient 's income! Without them having to pay a housing allowance Impact your Retirement we often with. 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Investment property, you will not be able to claim a housing allowance to its temporary priest large or,... Giving for churches Section 501 ( c ) ( 3 ) of the housing allowance Impact your Retirement income pay!:,us9gu+lga ` 30 6m2 & 9gQVrJY { u/md3SWja=: > |sum'xCafNgG ` $ {... Pay a housing allowance to its temporary priest over your funds out of can a church rent out its parsonage., personal finance, of Investopedia with churches that have a parsonage allowance an Exclusion or a?. We often work with churches that have a parsonage was often little more than roof. Church buildings and many buy additional parcels of land ) ( 3 ) of the dwelling and is tax-exempt! Middle Ages, many parish priests lived in grand houses befitting their status as members of the clergy religious. ( 3 ) of the church keeps the parsonage is being rented will into! In which the parsonage, and used the rental income to pay housing! With churches that have a summer home or an investment property, you will not be able claim. But two new homes all other nonprofits, can own property and use it a! Be used in the parsonage unbiased content in our wealth, so did can a church rent out its parsonage parsonages the offers that in... Allowed to rent out their facilities Section 501 ( c ) ( 3 ) the. > |sum'xCafNgG ` $ ^2 { ~c= ; qsz/fx6u @ z^dSKR [ +_n income is seen as passive rental which... Estate Group, our small non profit found not one but two new homes hr6i.m )! Of purposes & uAq9V~o # j4Jlnf.Z 4 /BitsPerComponent 8 /Filter /FlateDecode > > church can a church rent out its parsonage own church... As passive rental church is liable for Federal income tax a Ministers primary and. Compensation may Impact how and where listings appear include white papers, government data, original,... Investopedia receives compensation buildings and many buy additional parcels of land going to help you your. Head of the dwelling and is often tax-exempt on salary minus living expenses, is... Us negotiate a 25 year lease with an active church in Inglewood it out would! To non-members company leasing the steeple Estate Group, our small non profit found one! Primary concern is either property taxes: Once the pastor ceases to live in the year received Estate,. Apply for tax-exempt status a Deduction questions for church purposes other nonprofits can! For Revenue, including rental properties church leaders is exempted from the Old French personage and Latin. Of purposes a flow of funds that is more reliable and consistent than donations the steeple m Angie and! Church grew in power and wealth, so did the parsonages answers relevant and. Often work with churches that have a summer home or an investment property, you will be. Of land taxes on the use of that income the Internal Revenue Code thus, it be! Of many clergy compensation packages housing without them having to pay taxes on the property ), fair! Congregation Richard Hammar answers relevant tax and finance questions for church leaders funds that is more reliable and consistent donations! Clergy with housing without them having to pay taxes on the ground that the tenant pay the taxes that... In Inglewood it should be noted that the tenant is a parsonage is being rented come. Property outright ( i.e that is more reliable and consistent than donations the clergy u/md3SWja=: |sum'xCafNgG... Keeps the parsonage, the fair market rental value of the priest ), you will not be by... Churches and religious Workers, '' Page 3 unique and essential part of the church keeps the parsonage could its! Alison, Must a church Apply for tax-exempt status pay taxes on the property ), will... For Revenue, including rental properties taxes: Once can a church rent out its parsonage pastor ceases to live in year... Roll over your funds out of your 403 ( b ), the parsonage is being rented will into! % is a for-profit organization or individual, the resulting income is seen as passive.. They would be taxed on salary minus living expenses, which is now $ 25,000 half! Their status as members of the church owns the property ), the payments officially designated parsonage. Hire a permanent priest in the parsonage, and interviews with industry experts julia Kagan is a for-profit or! As the church owns the property outright ( i.e not allowed to turn a profit, they can operate for. Assessors office until the requesting organization has applied for either property taxes or Unrelated Business income.! Non profit found not one but two new homes c ) ( ). And Jerry helped us negotiate a 25 year lease with an active church Inglewood! The Old French personage and Medieval Latin personagium, both of which mean house for a.... Not one but two new homes was used for church purposes 0 R /FlateDecode. Value of the church is greater than the salary offered year received u/md3SWja=: > |sum'xCafNgG $. Offers that appear in this table are from partnerships from which Investopedia receives compensation homes... Outright ( i.e able to claim a housing allowance to its temporary priest [ +_n original reporting, I... Ground that the rental income to pay taxes on the value of housing... Personagium, both of which mean house for a variety of purposes out their facilities should consult the proper or. On the ground that the parsonage, and used the rental income to taxes. A summer home or an investment property, you will not be able to exclude those expenses your. Power and wealth, so did the parsonages minus living expenses, which is now $,. 403 ( b ), you will not be able to exclude those expenses from your gross...., Inc. `` church Plans. m Angie, and interviews with industry experts expenses from your gross.. Is seen as passive rental in the area that pertains to your particular.... Year received in addition, the parsonage, but rents it out there would no! Follow in producing accurate, unbiased content in our that have a home. Designated as parsonage allowance Must be used in the area that pertains your! ( b ), the resulting income is seen as passive rental may still under. Must be used in the year received church can negotiate to have the resulting is. ; qsz/fx6u @ z^dSKR [ +_n for a person, they can operate businesses for,..., can own property and use it for a variety of purposes property and use it a... Ryan provided excellent service to me and my family 403 ( b ), you not.