@ErnieS0 wrote:
Your clergy housing allowance is the lesser of:
If you believe your actual costs are the lowest value, this article may be helpful: How A Cash-Out Mortgage Refinance Affects A Pastor’s Housing Allowance.
I am not aware of anything in the law or regulations that requires the pastor to allocate between housing costs and other costs when doing a cash-out refinance, and that article doesn't cite any regulations or cases. However, it does take an interesting moral view of the topic.
