basic_spud@kbin.socialtoAsklemmy@lemmy.ml•In the USA, can you lose your home even after it is 100% paid off?
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1 year agoIn theory, in the case of eminent domain you get the value of your home paid. In practice… its often not enough to actually buy a similar house.
So, you’re kind of correct. However, you CAN make profit by acting as an ‘organizer’ for the charity event, where the charity pays you the money as a service, but directly gets the donations. See: Games Done Quick, which is a for-profit LLC that the various charities they ‘support’ pay them to put on the event. Of course, this number naturally is likely to end up being a % of the last event’s donations.