pseudanonymous posted:

There's a difference between nonprofit and not-for-profit. You're looking at possibly a community benefit association or something, but "to benefit a family" isn't typically the kind of community that the IRS supports. Do you allow orgs like the boy scouts or whatever to use the properties at below market rates or something? How is your family not paying taxes on their land benefiting a community?

I'm pretty sure if you're sufficiently adroit with the paperwork and careful with how you phrase things, you might get away with it. But really we're talking, like, the Trump Org here. The Trump org really existed to benefit Donald Trump and his family, and claimed tax-exempt status. So is that what you want? To be the ______________(your family name) Org?

If you're actually committing to never selling or developing the land, you might be able to be some kind of environmental trust that is a nonprofit.

Having seen your posts in various threads, I'd say your desire not to pay taxes on your property does not meet a tax-exempt purpose under the IRS code.