Take a minute to think about donating that troublesome real estate to Real Estate With Causes. Not only will a real estate donation keep you from having to continue paying property taxes, it can become a donation write off on your 2020 income taxes. Your property donation will go to a great cause and will help communities and families who have fallen on hard times.
Are you thinking about trying to sell real estate?
Before you sell residential real estate, sell industrial real estate, or other any other types of real estate and then donate net proceeds to charity, consider donating property directly to charity. Three major benefits of donating your real estate directly to charity are:
- You will receive a 2019 income tax deduction for the fair market value of the property.
- A greater gift to charity — charities don’t pay capital gains taxes, that means the full value of your gift goes directly to causes you care about.
- Your donation goes towards helping the community and families in need.
Real Estate With Causes is an IRS certified 501(c)3 nonprofit charity. You are able to donate commercial property, donate house, donate land, donate commercial property, and donate farm or donate ranch to Real Estate With Causes and not have any capital gains exposure because you are gifting — not selling — the property.
Real Estate With Causes makes it easy to make a real estate donation through our knowledgeable volunteers. Your real estate can be worth more as a tax deduction. To find out more about Real Estate donation details, please feel free to contact us directly at any time for further details.