Fiscal 2023 DIF Account

PawSox and Real Estate Taxes Comment

 The question about the WooSox paying taxes is something I have questioned for some time now. 

I asked someone I know who is extremely familiar with taxes and he simply explained it to me. 

  1. He said if a not for profit leases to another not for profit the lease is not taxable.
  2.  If a not for profit leases to a for profit the property or portion of the property covered by the lease is taxable. 
He was quite certain of this and explained that is why both Union Station and the garage on Major Taylor Blvd are issues tax bills from the City. Based on this I think the WooSox should be paying taxes.