Donate NV Real Estate to Charity
Donate Property / Commercial Real Estate / Land / Nevada
Charity Property Donations Nevada
A Nevada Real Estate Donation through Real Estate with Causes charity such as a Nevada House Donation or land, has become an excellent way for many people to help the less privileged, positively change their lives. A Nevada Real Estate donation also allows you to enjoy a significant Current Market Value Tax Deduction when you donate Nevada Real Estate. There are many people from all walks of life in Nevada that own unwanted property or land that can be better utilized as a donation to support our worthy causes. Nevada Property donation not only gives you a real sense of satisfaction but you can also enjoy a tax deduction on your charitable gift.
Nevada Tax Deduction = Current Market Value
Nevada Tax Deductions can be taken on all real estate donations made; as long as the property has been held for over one year it is classified as long term capital gain property. In short this will mean you are able to deduct the full market value (not the purchased value) in a tax deduction which can be quite substantial. The fair market value of the property will usually be carried out by an independent appraiser of your choosing. A Nevada property donation will not only help those less fortunate, but also reduces your tax responsibilities, keeping your hard earned money where it belongs, in your pocket!
There are many reasons why a Nevada Real Estate Donation makes better sense than holding onto unwanted property. A great deal of people have more than one home and the upkeep on the properties can be very expensive, there are many hidden costs with insurance, taxes, maintenance and repairs. By reducing these costs, you keep more money for you and your family. Even if you only have one property you can still donate and create a life estate or Nevada charitable gift annuity. A Nevada life estate will ensure that the property will be given to our charity after you pass away and may allow you to earn a lifetime income. Your Nevada property donation will help our charity continue to provide education, care and services to those who need it most.
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