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 ...
The tax deduction on Sch. A is fairly straight foward
for the donor, something like up to 50% AGI,
and long term capital gains can get carried,
but what about the actual transaction?
And how does it change when th...
As many of you know, we recently launched our cabin in WNC for STR. We have been asked by a neighbor if we would consider donating a stay to a charity called WellRoot. It helps provide support services/housing for chi...
So in 2012 many billionaires donated huge amounts to charities.The funny thing is most of this money was donated to the charities ran by their children or relatives..Warren buffet donated 3 billion to 3 charities ran ...
Good Day,
We've been in the process of attempting to come up with a solution to "End Homelessness." Most of the work is done. Our way to do this is to offer a "Deferred Payment Mortgage" to both investors and homeow...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $425,000
Cash invested: $90,000
This is an investment, but it's also a charity. The property consists of two reside...
I'm looking to pick up a property that was donated to a charity. (Actually to be more specific it seems it was quitclaimed for $10) I'm being told that the charity will not agree to my offer price because they are con...
There is a unique tax deduction in the US called a “conservation easement.”
It was designed by the IRS to encourage real estate owners to make pristine land, that could be enjoyed by the public, a conservation ground...
Hi All,
I have a question regarding subdividing land. I`m looking at a property in NJ and its on close to 10 acres of basically un usable excess land. The house and driveway/garden etc needs about an acre at most(Hou...
Hi Everyone - As you may be aware, BiggerPockets' Founder Josh Dorkin, and long-time podcast host Brandon Turner both live on Maui. I've been in contact with both, and they, their families, and friends are accounted f...