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Updated 7 months ago,

User Stats

18
Posts
6
Votes
Chris Heinmiller
  • Rental Property Investor
  • Jacksonville, FL
6
Votes |
18
Posts

Selling Raw Land to Non-Profits

Chris Heinmiller
  • Rental Property Investor
  • Jacksonville, FL
Posted

Morning BP!

Does anyone have experience selling raw land to charities and/or non-profits like Habitat for Humanity? I'm exploring tax deed auctions and there is a ton of raw land that pops up at these auctions. Seems to me that selling to an organization like Habitat for Humanity might help you ensure you have a relatively consistent buyer, assuming the parcels you purchase are in desirable areas for them and meet their acquisition criteria. I'm assuming these organizations would pay far below market value for land, but there are obviously also some significant tax benefits that may potentially offset the "lower-than-market" valuation you may receive when selling to them. 

Thanks,
Chris

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