gowlerk 2,260 #51 November 30, 2015 Olsteen makes his money from book sales and speaking fees. He owns both his present $10.5 million home and his previous $2.9 million. (apparently the high end real estate market in Houston is still soft. So it's not a good time to sell.) He has not drawn a salary from his church for more than 10 years.Always remember the brave children who died defending your right to bear arms. Freedom is not free. Quote Share this post Link to post Share on other sites
wolfriverjoe 1,523 #52 November 30, 2015 gowlerk Olsteen makes his money from book sales and speaking fees. He owns both his present $10.5 million home and his previous $2.9 million. (apparently the high end real estate market in Houston is still soft. So it's not a good time to sell.) He has not drawn a salary from his church for more than 10 years. He doesn't own them. An outfit called "Covenant Trust" holds the deeds. I'm not exactly sure what that all means from a tax/tax exempt point of view."There are NO situations which do not call for a French Maid outfit." Lucky McSwervy "~ya don't GET old by being weak & stupid!" - Airtwardo Quote Share this post Link to post Share on other sites
Coreeece 2 #53 November 30, 2015 You're preaching to the choir... Normiss said that the house was tax free, so I'm wondering where the $200,000+ in property taxes per year is at?Never was there an answer....not without listening, without seeing - Gilmour Quote Share this post Link to post Share on other sites
Coreeece 2 #54 November 30, 2015 wolfriverjoe ***Olsteen makes his money from book sales and speaking fees. He owns both his present $10.5 million home and his previous $2.9 million. (apparently the high end real estate market in Houston is still soft. So it's not a good time to sell.) He has not drawn a salary from his church for more than 10 years. He doesn't own them. An outfit called "Covenant Trust" holds the deeds. I'm not exactly sure what that all means from a tax/tax exempt point of view. Does that mean that the trust company allows Osteen to live there for free? Is there not $200,000 in property taxes due every year?Never was there an answer....not without listening, without seeing - Gilmour Quote Share this post Link to post Share on other sites
rushmc 23 #55 November 30, 2015 normiss Everything I've read says "owned by the church". Feel free to prove me wrong. You made the claim Prove you are correct"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
gowlerk 2,260 #56 November 30, 2015 Just a guess, but I would imagine that the trust is probably held by the Olsteens. Please don't get the idea that I'm a fan of them. Quit the opposite. I'm sure the trust is about some kind of tax avoidance. But that's different from being church property.Always remember the brave children who died defending your right to bear arms. Freedom is not free. Quote Share this post Link to post Share on other sites
normiss 871 #57 November 30, 2015 Reading comprehension issues again I see. I made no claim. I made a statement. Feel free to research the difference. Quote Share this post Link to post Share on other sites
cvfd1399 0 #58 November 30, 2015 He has hit trolling level 1000 Quote Share this post Link to post Share on other sites
rushmc 23 #59 November 30, 2015 cvfd1399 He has hit trolling level 1000 X 10"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
normiss 871 #60 November 30, 2015 Coming from the puppet twins who are our troll masters, I'll take it as a compliment. Quote Share this post Link to post Share on other sites
rushmc 23 #61 November 30, 2015 normiss Coming from the puppet twins who are our troll masters, I'll take it as a compliment. I am sure you will "America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
Coreeece 2 #62 November 30, 2015 gowlerk Please don't get the idea that I'm a fan of them. Me neither, but probably for different reasons. Personally, I'm just not a big fan of the "prosperity gospel" gowlerk I'm sure the trust is about some kind of tax avoidance. But that's different from being church property. I'm sure the trust provides benefits that exceed anything a homestead credit would offer, but that's a far cry from "tax free."Never was there an answer....not without listening, without seeing - Gilmour Quote Share this post Link to post Share on other sites
normiss 871 #63 November 30, 2015 After a light search, it's confusing, but it is clearly not church owned as I had read before on the Internets. Yet clearly free to him, and most certainly tax free to him. Yup, I was incorrect on the tax free bit. Quote Share this post Link to post Share on other sites
Coreeece 2 #64 November 30, 2015 normiss After a light search, it's confusing, but it is clearly not church owned as I had read before on the Internets. Yet clearly free to him, and most certainly tax free to him. Then it shouldn't be so hard for you to provide at least one link to a source that states it so "clearly and most certainly."Never was there an answer....not without listening, without seeing - Gilmour Quote Share this post Link to post Share on other sites
jakee 1,571 #65 November 30, 2015 rushmc You made the claim Prove you are correct Just remember you made this demand next time you're supporting your own ridiculous claims with nothing more than "Search for it yourself" mmkay?Do you want to have an ideagasm? Quote Share this post Link to post Share on other sites
wmw999 2,559 #66 November 30, 2015 The article I read indicated that the trust is to avoid federal taxes, and that the Osteens pay the property tax. Of course, since it's their church, if the trust pays something, the money comes from what they would have paid, I imagine. I was first exposed to prosperity theology in college in the 1970's; a wonderful sociology of religion class. It seemed weird then, and still does. Wendy P.There is nothing more dangerous than breaking a basic safety rule and getting away with it. It removes fear of the consequences and builds false confidence. (tbrown) Quote Share this post Link to post Share on other sites
Coreeece 2 #67 November 30, 2015 wmw999 Of course, since it's their church, if the trust pays something, the money comes from what they would have paid, I imagine. I'm not sure if I'm following that part correctly. Can you please clarify? One of the shareholders of the trust company is the Covenant Church in Chicago. Nothing I've read suggests that Lakewood (their church) has anything to do with it.Never was there an answer....not without listening, without seeing - Gilmour Quote Share this post Link to post Share on other sites
gowlerk 2,260 #68 November 30, 2015 Getting back on topic here. Progress on the domestic terrorism side is being reported. http://www.theonion.com/article/frustrated-gunman-cant-believe-how-far-he-has-driv-51923Always remember the brave children who died defending your right to bear arms. Freedom is not free. Quote Share this post Link to post Share on other sites
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