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In YD Siman 151 it discusses the things that one is allowed and not allowed to sell to a gentile (for reasons that they might be used for Avodah Zara -- idol worship). I didn't see the following particular case discussed in Shulchan Aruch, although perhaps someone will find a reason why it's a problem.

If someone outside of Eretz Yisrael has a large piece of land that a gentile wants to purchase for the purpose of building on it a church or a school to train Christian leaders (or perhaps to build a building for actual idol worship), is one allowed to sell the land? Again it's not a building or house that is being sold, just land, and this is outside of Eretz Yisrael. May he sell the land?

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I know of at least one Orthodox rabbi in our community who bought a large plot of land, sold a portion to a church, and used the proceeds to build a synagogue. I'm not sure what source he relied upon, or whether he sold the land to the church via a strawman (which I understand is the method for selling a synagogue). Good question. – Bruce James Jan 23 '13 at 14:13
    
Many old shuls in Washington, DC, are now churches - both the buildings and the land. (6th & I was a shul, then a church, then a shul again!) If what you say is halakha, it's often broken. – Charles Koppelman Jan 24 '13 at 4:19
    
@CharlesKoppelman Or there are loopholes, like selling to an escrow or bank as a middleman. – Double AA Oct 21 '15 at 2:08

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