The season of giving offers a reminder to people across the US, that charitable donations must be made by Dec. 31 if they want to claim the donation tax credit on their 2020 return. In addition to meeting the tax deadline, clients should also consider what to donate because the tax savings depends on the type of gift. One particular state that was hit hard by the pandemic is California. If you find yourself in a situation where you are considering moving, can’t afford your home, or simply want to reduce your real estate portfolio, consider making a California real estate donation today!
California is a state that has many diverse needs. Both individuals and charitable organizations are in great need throughout the Golden State, which means a California property donation may be ideal for willing donors in the state. A California property donation is a great way for businesses and private property holders to gift their unused or unwanted real estate property to a well-deserving charity so that it may either be repurposed or utilized to generate a stream of income that can then be used to support a needy and deserving organization or individual.
Do you have a house you are having trouble selling and are tired of paying taxes on it? Consider making a charitable house donation. Perhaps, you own undeveloped land, commercial property, rental property, industrial property, or even farmland you are considering donating to a cause you believe in.
You may be wondering how to donate a real estate to charity in a way that benefits our communities and to those who are truly in need. Real Estate With Causes has an established charitable mission that helps those who are in need. Real Estate With Causes will assist you in making a worthwhile charitable contribution and is a nonprofit charity that can fully utilize your donation to give back to those who are reaching out for a helping hand.
Simply fill out the online donor contact form to start the real estate donation process. Real Estate Estate with causes is a vehicle for multiple types of real estate donations.
Real Estate With Causes is a branch of the Giving Center, is an IRS certified 501(c)3 nonprofit charity. You are able to donate property to Real Estate With Causes and avoid capital gains exposure because you are gifting — not selling — your house.
Talk to your trusted CPA about all the ways a charitable real estate donation can get you a great tax benefit.
Real Estate With Causes will go the extra mile to make sure you have everything you need for an enjoyable donation process. If you need anymore information please do not hesitate to contact us directly at 888-228-7320 for more information!