Tenants associations non profit?

Answer Associations can file with their local secretary of state for whichever kind of profit status for which they qualify. If the only income is from assessments, then usually, condominium associations... Read More »

Top Q&A For: Tenants associations non profit

Are home owners associations considered to be non for profit?

If the association is structured as a non-profit corporation, then that's what it is.If the association makes money on its assets, for example, by renting its clubhouse, or operating a for-profit g... Read More »

How to Deed Property From Joint Tenants With the Right of Survivorship to Tenants in Common?

People may choose to end joint tenancy survivorship rights in a parcel of real estate for estate planning purposes or due to domestic issues. When two people, such as a husband and wife, hold title... Read More »

Why Is Economic Profit a Better Measure of Profit Than Accounting Profit?

Although rarely acknowledged, you can measure profit in more than one way. Sometimes numbers can deceive you, and this is the case when it comes to accounting profit, which merely shows profit on t... Read More »

How to Calculate Gross Profit for Loss of Profit Insurance?

Many businesses purchase loss-of-profit insurance, also called “business interruption” insurance, to cover a loss of ability to operate due to circumstances outside of the business’s control,... Read More »