Make a $1,000 tax deductible donation.

While Neal has profit shares of 600k already which were Donated to Dave. 

@Ama Ols, Ama you don’t need to own properties in California to donate to the cause.

Here are a few options: max out 401k contributions for you and your spouse, max out HSA contributions, make charitable donations, harvest tax losses, etc.I recommend finding a tax strategist who specializes in real estate taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

Donate the Property: Donating the property to a qualified charitable organization can provide you with a charitable deduction equal to the property’s fair market value and eliminate capital gains taxes.Implementing these strategies requires careful planning and consideration of your specific financial situation.

Want to donate to a cause they don't like?

Donate the Property: Donating the property to a qualified charitable organization can provide you with a charitable deduction equal to the property’s fair market value and eliminate capital gains taxes.Implementing these strategies requires careful planning and consideration of your specific financial situation.

I sold for $23,000 because my daughter said sell vs donating. 

Especially one that will be inheriting a large donation like property.

One document 13, showed a lot of "Donation" to one particular entity, more like money laundering.Too bad, the pdf documents are hard to search.