What is a housing allowance?Am I eligible for one?What does it mean for my finances?Many ministers find themselves asking these types of questions. But the answers’ complexity often leaves them feeling stressed, frustrated, and even more lost. It doesn’t have to be this way. Housing Allowance for Made Easy is a quick, easy-to-understand, and enjoyable (Is that really possible?) guide to housing allowances. So what is a housing allowance? You are about to understand it for the first time.
Art Rainer is the Vice President for Institutional Advancement at Southeastern Baptist Theological Seminary. He holds a Doctor of Business Administration from Nova Southeastern University and an MBA from the University of Kentucky. Art lives in Wake Forest, North Carolina with his wife, Sarah, and their three children.
Easy to ready, helps you understand what a housing allowance is in its basic forms. Feels like a little bit more information could go into how your taxes would be changed because of it, like self employment tax or something like that. Would have been nice if the author had explained that a bit more what it would look like when filling taxes and making payments. Overall though a quick read and good info.