Ok - so where are we....funding model/financials I guess
Here is where things will vary greatly for each of us...but how I think things play out -
It is so hard to try and keep a level head about this - when I really want to scream it to everyone :)
I am being honest here...I think starting a not-for-profit might be the easiest as one of the "goals" as I see it - is to remove FIAT from the equation...and since most people that "invest" in a business are expecting to make a "return" on their investment - running it as a non-profit should eliminate the expectation of a return....
I am just going to stick with my properties and what I would like to do....You all can give me the thumb's up or down.....
(and when I say "I" - my wife is included in this as she is the better half of the equation)
Our building is worth 9 or 10 (maybe 11) Bitcoin right now.... We have .15 Bitcoin saved from rent payments to date (just under but close enough) - We have about 3.3 bitcoin in FIAT debt on the building right now....I would like to sell the property to a non-profit for the 9-10 bitcoin and have the property operate on a bitcoin standard.... Rolling the property into a non-profit would allow me to nearly completely remove FIAT from the equation....other than for property taxes/utility bills....the property could operate completely on bitcoin for rent from all 4 tenants - it could provide the "sharing" of price appreciation through actual "refunds" of BTC paid - which should not be a taxable event but if so it could still then provide the "share" as a "rent credit in FIAT terms" which it would still have to record as income but since it would nearly operate 100% on bitcoin and would be a non-profit - it would simply be a record keeping expense and not "taxable" as its a non-profit. Hell - in wisconsin non-profits can even get a tax exemption for property that is "affordable" and under 40 acres....
So - if you want to do this yourself....this is the way to do it....
Start a non-profit
Fundraise BTC to purchase a property and FIAT for "operations" to minimize taxable events in selling BTC to pay FIAT bills
Get your tax exemption
Set rents at 10-20% below Market
Accept the rent in BTC equivalent and have the lease include the split/appreciation as a variable add-on that is dependent on the expenses of maintaining the unit....so if you have a resident that is damaging the unit - the split may be less or the costs may be incurred by the resident vs. landlord.... either way you run it...you ensure the resident is incentivized to maintain the unit instead of trashing the place....
Save all btc for property expenses in future and use excess to purchase future properties
This takes all "government" rules on affordable housing out of the picture....allows you to rent to anyone that qualifies - benefits all residents paying in BTC with even greater discounts on future rents....benefits residents who don't damage the property...benefits owners who maintain their property and provides incentives to users of btc....
Ok - so that kind of explains what i am thinking about how someone could start a whole new business model using BTC....
back to what it looks like for a current business (my current business)
I encourage my residents to pay in Bitcoin - but I haven't really pushed it hard - though I can see a time when that happens (as the FIAT value of the BTC I hold as reserves rises) -
So we bought this building to "make money" or as I now see it - to attempt to keep the inflated value of our current savings hold its purchasing power for as long as possible. This is accomplished in FIAT terms through the expectation that we will be able to raise our rents into the future and keep our expenses flat or at least keep expenses from rising faster than the rate we can increase rents and/or the value of the building increases (again in FIAT terms).
That being said....and hopefully you find yourself in that position - if you do than hopefully you are able to take some of the "surplus cash flow" from your building and exchange it for BTC or better - have some % of your residents pay you in btc and incentivize them by offering the before mentioned %split over time of FIAT appreciation value of that btc.
Then you simply hold that BTC - you should be able to operate your business and manage your BTC/FIAT cash flow in a manner that allows you to pay your FIAT bills with FIAT and then hold your "reserves" in BTC or a combo of FIAT/BTC -
As the FIAT value of your BTC reserves goes up you can likely hold less and less FIAT until eventually you find your self in a position of needing only the smallest portion of your income to be in FIAT terms....just enough to cover bills that you cannot pay in BTC.
Now the crazy thing here....for the tax-man especially - is that you could incorporate into your business model some type of Fedimint or Chaumian E-cash organization - (which could allow you to operate nearly completely independently or outside the current systems in place) and likely as those two layers/protocols continue building out over the coming years/decades this will become even easier....
Anyway - for now you just do what you can - operate at a profit that you then funnel out of the FIAT system and into the BTC protocol and voila... over time you have reduced or eliminated the value of your real estate from FIAT and transferred it to BTC....which helps you, helps the network, helps your residents, helps any vendors you now pay in BTC or E-cash or whatever....
This is why I believe this is inevitable....BTC will continue becoming the only monetary network people around the world interact with because it is the BEST.