Nate Hananger
Searching for Charitable Donation in Washington
I have a piece of land in Thurston County I am thinking of donating since it will help minimize capital gains. I need a charity in Washington state that does not have an extremely high minimum value. The tax exempt or...
Mario Nacev
Running #s on a charitable donation
Hello I am hoping someone can walk me thru the following hypothetical situation:Property purchased by an LLCRented to Charity for: XRental Income contributed back to Charity 100%: XPlease describe what this would look...
Michael Lambert
I need help with a sales pitch
Ok team Bigger Pockets, I need your help! I have just signed myself up for the Make-A-Wish Trail Blaze Challenge and I need your help with the sales pitch I’m going to use to get donations. I was thinking about using ...
Josh Myrick
501c3 investing idea
I need assistant or advise on the feasibility of one of my crazy ideas. Or what seems crazy to me.
Is it legal to create a 501c3 organization to buy investment properties and rent them out at fair market value?
Ess...
Olivia C.
Charitable Remainder Trusts - tax strategy opportunity
Many of us plan to leave a good portion of our estates to charities. Charitable Remainder Trusts can be good vehicles for this while reducing taxes. Here are two articles I found. Link to original article at the ...
Cheryl C.
Tax Question: Charitable donation to fire dept. if house was going to be torn down anyway?
Years ago, I read that you could donate a house (structure only) to the fire department to practice on, wrecking it in the process. The charitable donation was the value of the structure. I believe that I read that ...
Baraa Yassin
Donate A property who should I go to
Hi BP,I have a friend of mine bought a land through tax foreclosure auction...he bought it without doing any due diligence ahead of time, anyways he found out its a very small lot and worth nothing if he is trying to ...
Micki Ray Harper
Donating Land in Alabama deeded to my deceased parents
Can my sister and I donate land my deceased parents received deeds through in tax sales? We did not go through probate as remaining properties were taken care of prior to them passing away. We do not want to spend m...
Ching Cheung
Selling a property to donate and how it affects taxes
Hello, we're looking to sell a property we've had for roughly 15 years and are trying to figure out what is the best way to approach this. Known options are to 1031 into another building and donate to a church/temple....
Paula Ratcliff
HOA board moving money from one bank account to another
I am a new Board member and need advice. Two months ago, the Board decided to get into the charitable business. There was money donated from lot owners in a fund and they chose to pay off two lot owners debt in orde...