Housing Stipend to minister/pastor and equity share that amount to the church?
(San Diego, CA)
If the church gives a housing stipend of say $2,000/mo ($24K/year) can there also be an equity share agreement with the church for that contribution.
Say after five years that $120K was paid to the pastor for housing loan payments. Can the church share in any of the equity build up over that timeframe?
Click here to post comments
Join in and write your own page! It's easy to do. How? Simply click here to return to Housing Allowance.
Need a Consultation, help setting up an effective Accounting System, or someone to do your monthly bookkeeping?
Use coupon code "FCA" for 10% discount!