You can donate the property before the sale.  

@Brandon IngegneriMoral and Ethics trump Greed for Money.There are a lot of things Investors do that come back to haunt them and I feel it's better to take less of a profit than to forever live with decisions that can affect your mental health and conscience.Another way you could have done it is set up a GoFundMe site for him, and just donate a substantial amount first.

If you own a 3bed 2bath 1524sqft home built in 1964 and it burns to the ground in a community with mostly renters and the average sales price is lower than the median sales price for the greater area the highest and best use may be to donate the land to a local charity and reinvest your insurance claim funds in another property because the cost to build new construction does not make sense in these areas based on comparable sales.

•mother and mother-in-law•father and father-in-law•brothers•sisters•former and current brothers-in-law•former and current sisters-in-law•past and present CPA•past and present attorney•past and present real estate agent•landlord•hair dresser•manicurist•massage therapist•workout trainer•tailor•pool service rep•gardener•doctor•all members of a charity organization you might belong to•church members you know•anyone you have donated money to—ever•co-workers•former co-workers•former employers•current employer•current customers of your current job (be sure to first get approval from your supervisor)•former customers•drinking/social buddies•college friends•high school friendsYou can see that the list can go on and on.

We do donate a small portion of our re commissions to a program called KW Cares and I'm on the culture committee at my office.

Or if you want tax deductible options you can make a donation in their name instead. 

Originally posted by Account Closed:@Jay Hinrichs I lived in Pearl, MS, and it is a great city, and I donated to Cliff Finch and help him get elected as governor of the state of MS.

Once you're successful, donate $20k to Biggerpockets and save yourself the other $20k.  

If you want to clear your conscious donate a portion or all of it.

Hey all, we are speed networking in person at MAREI in December if you want to talk to people in the KC Market, not just type at them, join us on the 13th, - it's posted in the networking session here on BPEntry fee is a donation to toys for tots.Room is almost full at 75 registrations.