Description
This tax strategy allows real estate owners to donate property to a qualified charity, receive a deduction based on the fair market value, and avoid capital gains taxes on the donated property.
$10.00
General information This tax strategy allows real estate developers or property owners to donate real estate to a qualified charitable organization, receiving a tax deduction based on the Fair Market Value (FMV) of the donated property. It also helps avoid capital gains taxes that would be incurred if the property were sold.
This tax strategy allows real estate owners to donate property to a qualified charity, receive a deduction based on the fair market value, and avoid capital gains taxes on the donated property.
| Strategy number: | #66 |
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