BP is unique in its charitable approach.

I suppose if the people who owned the house before foreclosure were to come by with a new lender and an offer to buy the house back from me for what I paid plus whatever my costs were, and had a good reason why they lost it, I might charitably consider selling it back to them. 

If you can afford to be charitable sure.

Still could be something here and the mention of forming a general partnership, a possible master lease, or him forming some sort of charitable trust have been touched on lightly.

I'm sure we're all still learning and will never stop learning and adapting.My goals are simply to become financially independent and retire early so that I can travel the world, write, see/do amazing things, meet amazing people, eat amazing food, and do good charitable things around the world.

The difference between FMV and appraised value is what you get back as a charitable deduction.

@Jay HinrichsBTW, guru Jay agrees that it is good time to sell my 4plex in Las Vegas.Terryone of my partners from Honolulu bought 2 or 3 4 plexs's in 2011 that were half destroyed and vacant for about 100k each.. then put 100k into them. and he is selling now also.. for a nice gain.. they were management nightmares though for him so he wants to sell them.. he did though donate them to his charitable foundation.. so not every one is in the financial position he is in.. he also bought about 6 SFRs at the time and killed it in Vegas with those.. 

Hello,My wife and I are thinking about starting a charitable LLC that owns several land tracts in residential areas of our local towns.

Keep looking for deductions but the wisest thing to do is to stop the charitable deductions and use that money to pay your taxes.

Many issues going on, is this a charitable act or investment?