What Would You Do If?

[Joe Ortiz]

What would you do if someone gifted you 12 mobile homes, all in rough to fair condition? Half with titles. Year built is 70-80s models. 

[Matthew Cartwright]

Friend of mine is in a similar situation.  He is looking purchasing mobile home operation with 10 older units on the land.  He is going to donate them to a company, take the write off, and buy new ones.  The charitable giving will keep his NI down for years along with depreciation and interest expense.  It will be a while before he shows a paper profit. So no taxes paid on his cash flow