
23 September 2021 | 6 replies
@Andrew Kleiner First, it would be good for you to decide if you're running a business or a charity....or a mixture of both.

26 July 2023 | 12 replies
Otherwise, someone decided that you'd be a charity for them.

12 September 2023 | 63 replies
Be compassionate but not a charity.
7 June 2017 | 18 replies
Under the "Howey Test", a transaction is an investment contract if: It is an investment of moneyThere is an expectation of profits from the investmentThe investment of money is in a common enterpriseAny profit comes from the efforts of a promoter or third partyIn other words, if you are putting together a deal in which people are investing their money (rather than donations, or contributions to a charity), and the money is "pooled", and the only way your investors make money is from what you do as the "Promoter"/Deal Maker/"Sponsor", than it probably is a security, and it probably needs to be registered (at the state, and possibly Federal) level.On the other hand, if you are getting a group of people together, and your are jointly putting in money, and "other services", and equally sharing in decision making (so it's not "all on you) then it may not be a Security, but is more than likely, a Partnership.

2 January 2022 | 11 replies
So it sounds like it was really just a charity endeavor the past decade, because even if you collected expenses and never did a repair (who paid for the roof?)

1 September 2023 | 19 replies
You're not running a charity or a halfway house.

2 September 2023 | 7 replies
Aloha,You are just asking for headaches...or are you planning to run a charity?

23 June 2023 | 12 replies
Though they are then making you operate as a charity for charging less.) they should stay.

5 August 2023 | 6 replies
@Ashish B. sounds like you want to run a charity and not a business.So, you may want to find a charity forum to ask for guidance.This is a business forum for real estate investors.

7 August 2023 | 13 replies
However, I have evolved to operate this as a business, not a charity.