Hawaii Farmland Donation Benefits The Youngest State of the Union
Hawaii might be the youngest state of the Union, but as we all know, it’s perhaps one of the most beautiful. With everything from lush greenery to sensual beaches, it’s a tourists’ paradise. However, to those who live on the Islands year round, life can sometimes be pretty harsh and with the economy in such poor shape, charities here have a lot of work to do. From tiny Ni’ihau to the Big Island and Oahu, all it takes is a bad storm season to devastate the already fragile and expensive local economy by destroying crops and discouraging tourism.
Luckily, there are always people willing to help their neighbors in need. Your local charities work tirelessly to improve the overall level of services and activities available in the Aloha State. Still, Hawaii faces many diverse and challenging problems. They include the preservation of native plants, animals, fish and birds such as the hibiscus, the humpback whale and the monk seal, as well as the reef triggerfish and the nene, and projects that directly benefit individuals and families in need such as educational initiatives and food bank programs. Your Hawaiian farmland donation to charity can help a formerly empty property become a new area of community service. An empty plot of farmland can either be used to expand the property already held by a not-for-profit group or be sold to bring vital income to the charity’s operations.
A Hawaii farm land donation is a great way to support charitable causes that benefit your fellow Islanders. The property you donate can be used in a variety of ways. Charities can either use the farmland or sell the property in order to support their current charity programs. Some farmland might be used to build new homes for people who were victimized by storms who simply cannot afford to rebuild, or to preserve wildlife habitats. Buildings might be used for anything from
non-profit office space to meeting spaces for groups that work to preserve native folkways.
Easy Property Donation
With property donation, all you have to do is transfer the deed of the property directly to the charity. The charity will either use the property to expand their current operations, turn the deed over to another charity organization, or sell the property to raise money for that particular charity. Hawaii has many extremely diverse needs, and as such, there are endless ways farmland donation can be used.
Farmland Donations are Tax-Deductible, and Benefit You in Other Ways, Too!
Property donation allows you, the donor, to subtract the face value of the farmland from the taxes that you might otherwise face paying in the coming year in your final taxes. While you should definitely talk to a tax accountant to determine the exact amount of what you can deduct from your taxes, you can still find out how much your property may be worth by speaking to one of our representatives. Call now, as our friendly, fast, and talented call center operators are standing by to assist you!