Quote:
Originally Posted by LOL98
My sorority wants to get a house and I was wondering how do we go about it?
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Do you not have a house corporation?
If you're part of a national organization, there are people in your organization you need to talk to before taking that kind of step.
If you're a local, I suppose the easiest thing to do would be to just go rent a place and have the chapter pay part of the rent and those living in pay the rest of it.
Make sure to talk to a lawyer, get lease forms, etc. It also would be smart to form a corporation or LLC with its own EIN so you can keep your house expenses (like mowing and utilities) and your regular operating expenses separate.
Aside from just renting and sharing rent, you're going to get into some serious legal/tax issues which as a collegian are way above your pay grade right now.
If you have any sort of organized alumnae, this would be something they'd be better equipped to handle.