This means you have to get business insurance, keep business accounts separate, separate business bookkeeping, and not touch that money for personal reasons unless you do it a very specific way.If you already own the property personally, you have to transfer/donate/sell it to your LLC. 

Once I even moved up the priority list on an estate sale because I was willing to help the seller take stuff to be donated and rent a dumpster for cleanup.It's all about helping the seller solve their biggest concern in moving.

@Gary Wright  make no mistake about what you read on line here or anywhere else its the free market at work... and most folks have some agenda.. this is not a Not for Profit site and all that post are not here to donate to the betterment of man kind..

I had an appraisal done and the property was appraised at $44,000 and I donated the house as is to a college and got a tax deduction of $24,000.   

You can donate to the fire dept for practice and then you'll only have to carry off the debris. 

I am happy to accept any and all takers who want to donate to my new boat fund via betting against this happening. 

Worst case scenario I donate the furniture to the church and I'm back where I started.The reservations came in fast and hard.

@Tariq Hakeem -  Figure out what your strengths are and see if you can donate them to someone whose already doing business. 

I have a buyer who owns a 5013C she wants to get into a property that has not been occupied in several years it is an old restaurant that she wants to use as her business headquarters. she wants the owner to donate for the tax write off incentive has anyone ever dealt with something like this?

Find them through Google and meetup.com Say Hi to my buddies Craig and Don at the meeting.Two Great reads, I bought both J.