How does a church get its pastor out of the parsonage and into his own home?

The Pastor purchases a home through Conventional Financing. The down payment is acquired from the sale of the parsonage to be repaid with or without interest at a future date or when residence is sold.

Attention: Tax Law is subject to interpretation. Please be advised that the material contained on this Web site is for information only and is not intended to be a substitute for professional legal advice. The Stewardship Services Foundation endeavors to update the information on this site on a regular basis, but cannot guarantee its accuracy at all times.