Financing a Parsonage

by Betty
(Wisconsin)

I'm a pastor and currently receiving a weekly amount for housing allowance. The home I live in is personally owned and not receiving the benefit of a parsonage.

In my state, if the property is owned by the church, then the property taxes may be waived (not sure if that's the legally terminology).

My question is this, is there a way to add the church to the title to give them a position of ownership but still keep the mortgage in my name personally and still qualify for the property tax exemption?

I realize this probably isn't an easy answer but curious if there is a way to do it?

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.