They might be making less money or a different kind of money (tax savings, appreciation, inflation hedge, etc etc) than you want but it’s probably not a charity. 2) don’t look at any property’s year 1 numbers, they just don’t matter.

They can make enormous profits at razor thin margins, which will throw you out of business unless you want to donate your own money to run it as a charity.

If you have a charity that you love, you might consider making a gift of an appreciated asset(s).Especially if you are already in the 25% bracket - that means your looking at a maximum federal tax increase of 18.4%(14.6% + 3.8% surcharge).

But, that's still my OPINION on the best way to run my for-profit business.Don't get me wrong, if someone chooses to operate their business like a charity, independent of profitability, I respect that.  

You aren't a charity.  

Also, interesting tidbit, but Venmo was just recently purchased by Paypal.This is why paper check, money order, or ACH are the safest IMHO.  

Then again, I'm not a charity.  

after me paying utilities, so you can see why I needed to do this.....this is not a charity.  

If you want to help join a charity or donate money.

This is not a charity.