Local Non Profit

The local nonprofit (NPO) for people with disabilities has seen an increase of rent by 10% each year. Next year the rent will increase 20%. The NPO has decided it cannot afford to continue its operations and continue to pay rent. It has found a reasonably priced building to use for its operations and desires to purchase the building. The only problem is the NPO does not have the cash to purchase the building outright. From Hopkins Chapter 18, outline the pros and cons of a tax-exempt organization engaging in a partnership for the purpose of acquiring real estate.


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