[sudo-discuss] a lawyer has landed on our doorsteps

[Autonomous]

>for the Omni i calc 13 years

Tax-defaulted properties in Oakland can be purchased for taxes due, which
can be less than $30K in some cases. Basically any property that is more
than 5 years behind on property tax can be petitioned for purchase by a
501c3. It would not go to auction.

On Thu, Nov 20, 2014 at 2:03 PM, <hol at gaskill.com> wrote:

>  for the Omni i calc 13 years
>
>
>
>
> On 2014-11-20 13:50, Autonomous wrote:
>
> >I've been told that Once a property is acquired by a 501c3 it is very
> complicated to sell it.
>
> Indeed. However you could own a property outright for less than one years
> rent. If needed it could be rented out or sold to another 501c3 or local
> government entity.
>
> On Thu, Nov 20, 2014 at 1:27 PM, Alice Rosenthal <
> beehappysolutions at gmail.com> wrote:
>
>> I've been told that Once a property is acquired by a 501c3 it is very
>> complicated to sell it.
>>
>>
>>   Alice
>> 415-272-0596
>>
>>
>>  On Nov 19, 2014, at 12:45 PM, Autonomous wrote:
>>
>>  Here's a correction, sorry:
>> Once 501c3 status is obtained then it is possible under California law to
>> acquire a tax foreclosed property for the price of taxes due only.
>>
>> On Wed, Nov 19, 2014 at 12:42 PM, Autonomous <autonomous666 at gmail.com>
>> wrote:
>>
>>>  Prior to meeting with the attorney it would be good to prepare a
>>> "purpose statement" that describes the activities of SudoRoom that qualify
>>> for non-profit status. A few other hackerspaces have acquired 501c3 status.
>>> Here is an example:
>>>
>>>
>>>> The Geek Group provides access to science, technology, engineering and
>>>> math by developing programming and facilities for individuals and
>>>> institutions to learn, explore, innovate and play at an independent pace
>>>> according to their needs.
>>>
>>>  http://thegeekgroup.org/about-2/mission-statement/
>>>
>>> Obviously the educational activities of Sudo Room would qualify as a
>>> public benefit or charitable purpose. There's also a number of other
>>> qualifying purposes having to do with community welfare, defense of human
>>> and civil rights secured by law and so on.
>>>
>>> Once 501c3 status is obtained then it is possible under California law
>>> to acquire tax a foreclosed property for the price of taxes due only. There
>>> are a number of interesting properties available in Oakland that would
>>> serve your purposes.
>>>
>>>
>>
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>
>
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