What are the benefits?

I am reaching out to this amazing community to tap into your collective wisdom and experiences.Has anyone here ever donated real estate for tax benefits? 

Yes, you may end up "paying them more", but when they are sharing in the equity their win is also your win, so they are likely to work harder and do things a little differently when they get a direct benefit from it.  

You will see less of a benefit to extending that penalty beyond that, and if rates drop before then you would be forced to pay that penalty to get a lower rate. 

Is there any benefit to that?

Oh, by the way, if you have a steady amount of properties to take photos and tours you might benefit from having Giraffe360 camera and take pictures yourself.

A brand new building with commercial space on the first floor could mean new restaurants, shops, and businesses for the neighborhood, all of which would mean the area would become a more desirable area to live, and your property price would likely benefit as a result.  

One of their main benefits is that you aren't personally responsible for them.

That example allows you to own 100% of the cash flow and the tax benefits.

Nevada has many of the draws of CA and the added benefits of low property taxes that don't assess on sale, landlord friendly, no state income tax, and multiple tech and manufacturing jobs like Tesla, Apple, Google in the area.