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Old 06-13-2010 | 10:41 PM
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Tarasdad
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Default RE: ama question

One of the primary (if not THE primary) reasons you'll find very few clubs that allow a "daily fee" type access is the tax liability they incur. Even if your club has incorporated under non-profit status you still face a substantial tax liability for "excess" income. Not a lot of clubs are going to want to deal with the paperwork and legal issues involved.