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Cash for keys = Donation? 🤔
Hello BP community,
I will be doing my first cash for keys tomorrow and if everything goes well the tenant will be vacating the promises. This is a tenant that I inherited with the property. They asked for money for their new apartment since apparently they really need it. Like any other person I hate losing money especially during these difficult times. Is there a way this cash for keys amount ($1 200) can count as a donation? It would be nice if I could at least take advantage of this during tax season.