Hi Horowitz,
Thanks for all the info on the Moo Foundation's real estate business. I can't quite work out where they are listing all the income from rent on these properties?
I suppose the rent collected could be tax free, since they are a registered charity and housing people in order for them to attend Satsung would presumably come under the heading of 'benefitting their spiritual and moral wellbeing'?
The mind boggles!
I will have to go back over their financial papers.
Thanks for all the info on the Moo Foundation's real estate business. I can't quite work out where they are listing all the income from rent on these properties?
I suppose the rent collected could be tax free, since they are a registered charity and housing people in order for them to attend Satsung would presumably come under the heading of 'benefitting their spiritual and moral wellbeing'?
The mind boggles!
I will have to go back over their financial papers.