This kind of tracking is a great idea in general as there are requirements on our end when receiving donations of goods and services: http://www.irs.gov/pub/irs-pdf/p1771.pdf
On Wed, Dec 25, 2013 at 11:56 PM, Torrie Fischer <[email protected]>wrote: > Hi, all. > > Since a potential idea of building equity in 48 S. Summit through any > improvements to the building we make, I'd like to keep track of it and be > serious about it. > > If you are spending money or getting donations for equipment, materials, > labor, or anything at all that directly and obviously improves the existing > structure, let me know the market value that we are receiving, and how much > was paid, if any. > > This especially includes the build out for the new space. I understand > that we > might be getting some paints donated and maybe insulation donated. That is > a > pretty big chunk of investment that is worth something to us, and likely > able > to be considered equity. Exact details would need figured out later, but I > would like to collect as much information as possible just in case. > > I'm also looking for any suggestions on what kind of money would absolutely > need to be spent by anybody on building out the new space in the next > month or > two. I want to look into figuring out if SYNHAK can pay for any of it out > of > savings and monthly profit. > _______________________________________________ > Discuss mailing list > [email protected] > https://synhak.org/mailman/listinfo/discuss >
_______________________________________________ Discuss mailing list [email protected] https://synhak.org/mailman/listinfo/discuss
