Updated about 8 years ago on . Most recent reply

Transferring property to Nonprofit
Hello
I want to transfer (owned by me) a residential property to a non-profit. The non-profit intends to conduct its activities in the residence. Also the staff will use it as a residence.
- Is this doable?
- Can the nonprofit own the utilities for this property?
Please shed some light on this if you are aware of the nonprofit rules in Texas.
Thanks
Saurabh