Like Harrison, I would donate those houses to charitable organizations, such as women's shelter, small community centers, etc.

Charitable Contributions from IRAs no longer allowed - Under current law, a retired person with an IRA can contribute up to $100,000 per year directly to a charity from their IRA.

My grandfather's portfolio is set up the same way, to be given to various charitable causes when my grandmother passes away.

:)The money for the 9/11 fund is raised through taxed paid by foreign companies that previously used U.S. accounts as a tax loophole.Anyway, it's nice that those who are now suffering because they were brave and charitable enough to volunteer their time and effort after 9/11 are at least going to have one less thing to worry about...

LotteryAnswer #1-- If the lottery proceeds were received after the first launch of my business plan mentioned above, I'd buy real estate in the immediate vicinity of the new stadium or arena and place those real estate assets into a charitable lead trust under the management of my three adult children.

I am assuming the interest the non profit is taking would be a "charitable donation" from the seller to offset gains not realized by the 1031?

If you partnered with a nonprofit, the seller could charitably contribute $18,000 to the nonprofit, and you could obtain short term financing for the 82k balance using the 18k donation as leverage or your partnerships "skin in the game" so to speak.

The seller is an IRA, insurance company, qualified pension, profit sharing plan or charitable remainder trust.Source: http://www.bpmllp.com/Assets/SFAAOct07.pdf I guess number 7 answers my question.

Bringing in a charitable remainder trust to fund or even an inusrance policy/paid up annuity will be beyond the scope and capability of a mortgage originator, especially afetr 6 hours of training.

It's not a rescue mission, or a charitable endeavor- unless you have the means and you wish it to be.