Then sell it for scrap, or maybe you can donate it to a charity that takes cars, or to the local high school automotive department and get a decent tax deduction!

We donate 10-15% to charity, consume 10% and reinvest the rest back into the business (more properties or capital improvements on existing ones) to speed it's growth.

You could always donate more to BP :wink: Seriously, buy a Prius - it holds its value better than the dollar . . .

Originally posted by "NogginBoink":… It would be nice to be able to start one of these conversations from another member's public post… This feature is currently available, but only to those that have made a donation to Bigger Pockets.

Josh, You probably could do a better job if you had more development capital to work with… Hey, what about accepting donations?

Can they sell real estate that's donated to them?

________________________________________Comparable SalesThe comparable sales method compares the donated property with several similar properties that have been sold.

I would have to pay for the electricity for 15 years and then they would donate the system for $1.

(I am able to itemize every other year by shifting charitable donations from Dec 31 to Jan 1)-Would it be better to refinance my primary home to a 20 year loan (I only have 20 years left anyway) and the rental back to a 30 year loan...and keep them separate? 

Hi Joe,According to Reuters, it looks like there may be political factors who see a benefit for themselves in not working to stop the problems. https://www.reuters.com/article/us-minneapolis-police-biden-bail/biden-staff-donate-to-group-that-pays-bail-in-riot-torn-minneapolis-idUSKBN2360SZThe long term effects, it's hard to tell.The short term effects (when its over), we might see revitalization money offered to the commercial neighborhoods that suffered some burning, but if those neighborhoods are in lower socioeconomic areas the offers will probably (as usual) be small and more tied to attracting votes to the offerors than any real needed amount based on an analysis of the area.