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Updated over 7 years ago,

User Stats

13
Posts
5
Votes
Bryan Eccleston
  • Tacoma, WA
5
Votes |
13
Posts

School District looking for a house

Bryan Eccleston
  • Tacoma, WA
Posted

My girlfriend is a special ed teacher in the Franklin-Pierce school district (South of Tacoma, Pierce county, WA state). The special ed department shes under has come up with the idea of getting a small 2 bed, 1 bath house to help out the students by leveling up there home ec/independent living abilities which sounds like something that could really help out these kids. Now me, hearing this idea, and being a budding beginner investor thought hey! I know some investors. There’s gotta be a way to save the district a bunch of money, help the kids, while simultaneously helping out an investor with a property to offload.

Now, its obvious how this could help out the school district and kids but how could this help out an investor? I’m guessing there has gotta be some tax benefits to donating a house to a school district like this right? Or maybe you awesome investors know another way this could benefit an investor that I’m not aware of?

Alternatively, maybe finding a wholesaler with a deal within the school district boundaries would still save the school a significant amount of money but again... I'm unsure how this could benefit the property seller in such a situation.

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