For years I have advised churches to get out of the parsonage business. I think it is very important to get a pastor into his own home as soon as possible for many reasons.

• Retirement – owning a home at retirement is a key ingredient to retirement planning.

• Security – for his family, particularly his wife. Privacy – they can decorate how they want -it’s home.

• I think it tends to add to longevity – the family feels more attached to the community because there’s a stronger sense of belonging.

• Tax purposes – income tax law provides for generous benefits to the pastor who is buying his own home. Federal and state income taxes are greatly reduced and sometimes eliminated due to the housing allowance and double deduction for mortgage interest and real estate taxes. (Unfortunately, it has no affect on the pastor’s most burdensome tax, his self-employment tax.)