Did you know there\u2019s a way to donate property and get significant tax deductions? Listen to this episode with Robert Miller. He\u2019s the founder of Real Estate Donations USA. RED USA is a nonprofit organization that brings together brokers, investors, and sellers to real estate deals. They can accept property donations (primarily commercial but can be residential) for a fair market value tax deduction to the seller.\xa0
RED reinvigorates the traditionally distressed property. They take the resale proceeds and give them to the preferred charity of the seller or donor. In this episode, Robert dives into details on Section 170 Bargain Sale in real estate.
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