Accepting a charitable tax deduction for all or part of the equity?

I need to enhance my retirement income, increase my charitable giving, and help some family members financially.

A non profit, charitable organization expert in loan workouts while specializing in the choreography of preforeclosure sales, and preforeclosure short sales is offering its services to distressed homeowners needing to sell, speculative buyers seeking the discounted purchase of distressed property, as well as realty professionals who have neither the time, or desire to 'reinvent the wheel' to facilitate short sales.http://www.spoch.org/ShortSaleTransactionSuppo.asp

Before I get slammed with requests for this, I do have limited charitable motives, and time, I currently have some of both available with the keyword being "some".

The renters he has in there currently are all from a local charitable organization.  

However, by understanding the benefit of donating the property to charity, and walking away, would be my suggestion.There are so many charitable planning techniques that, will allow Ray to receive income from his purchase of real estate while generating tax benefits, I can't discuss them all here on BP.  

It may be that a Charitable Remainder Trust could be used to pass the note principal to beneficiaries after placing the property in trust.

To all BP members we are excited to bring this awesome charitable enterprise to all our friends and Colleague's on BP .

But he seemed down on his luck, so that was my first reaction, what can I say.If being charitable is your biggest fault, then I'd say that you're doing pretty well!!!

And that can include everything from 1031 exchanges to depreciation/passive losses, charitable remainder trusts, etc.