California Boasts Many Exciting Charities. Your Farmland Donation Can Help Them Better The Lives Of Others!
The state of California is lucky to have a number of excellent charities that assist our communities. There are numerous organizations to serve Californians in need throughout the state. A property donation to a deserving charity can give a boost to the charity and help more people. A California farm donation is a wonderful way to support the charity of your choice. The charity may opt to use the farmland themselves or sell the property to support their existing efforts.
Property donation simply requires that the owner of the farmland transfer the deed to the charity. This way, a donor can dispose of a property that isn’t selling, and aid a charitable cause at the same time. The charity can utilize the property for their operations, transfer the deed to another charity, or put the property up for sale to raise money for their cause. California is a populous state with diverse needs, and property donations can serve many purposes in aiding these organizations in the state of California.
You Can Deduct Your Charity Donation from Your Taxes!
In most instances of farmland donation, the donor can deduct the accrued value of what the property is worth from their taxes. If you bought farmland for $22,000 and developed additional equity, you may be able to deduct the increased value of the developed property as a donation! Consult with an accountant or tax attorney to estimate the impact the deduction may have on your taxes. Here at RealEstateDonation.org we have staff available right now to help you donate your property!! Call us today to get more information, and we’ll be happy to help educate you on your best options!
Why Should You Donate Farmland or Property in California
- Avoid escrow and real estate fees on property that isn’t selling, and get a huge tax deduction!
Trying to sell real estate can be incredibly difficult and burdensome. If you are looking for another option besides trying to sell the farmland, you can rest assured that a real estate donation will ameliorate the community while providing big tax incentives.
Those with unwanted or unused farmland in California can look to property donation as an excellent alternative option that helps a good cause. Property owners can reduce their tax liability, get a huge deduction, and help to improve the lives of your friends and neighbors.
There are countless rewards for donating property in your possession to RealEstateDonation.org. Reach out to us today to learn more about property donations! Agents are available to speak with you about the benefits of real estate donation to RealEstateDonation.org Call today!