07-02-2014, 05:50 AM
The Catholic Church is one of the largest landlords in the world. I don't think collecting rent affects a 501 status. It is more what is done with the money collected.
On a parallel most all the large Ohia was logged out of Puna many years ago by a company called Hawaii Planing Mill (HPM). They were sold to mainland railroads for railroad ties. Thousands of those Ohia railroad ties rot in the to this date out in the Mojave Desert. Seems the wood was too hard to drive a spike into. So all that timber was wasted.
On a parallel most all the large Ohia was logged out of Puna many years ago by a company called Hawaii Planing Mill (HPM). They were sold to mainland railroads for railroad ties. Thousands of those Ohia railroad ties rot in the to this date out in the Mojave Desert. Seems the wood was too hard to drive a spike into. So all that timber was wasted.
Assume the best and ask questions.
Punaweb moderator
Punaweb moderator