For those holding onto non-performing properties, donation offers a way to create positive change while gaining valuable tax benefits
(PRUnderground) October 30th, 2024
Driving Successful Lives is appealing to real estate owners this holiday season: Why not turn an underperforming or distressed property into a source of hope and support for others? By donating real estate, owners can transform properties that may currently be financial or maintenance burdens into valuable contributions that fund charitable programs.
The tax advantages of donating real estate are notable. Eligible donations qualify for fair market value deductions, reducing taxable income and offering relief from property taxes and other costs. Owners of residential homes, commercial spaces, and even vacant land can contribute, removing these assets from their portfolio and gaining a tax benefit before the year-end cutoff.
Donations to Driving Successful Lives go directly to support critical initiatives, including programs for veterans, families in need, and individuals facing difficult life circumstances. Each property donation becomes a funding source for resources, training, and housing that allow others to achieve a better life. Donors benefit from a simple process that makes it easy to contribute and create impact without the stress of sales or continued ownership.
Make this holiday season a time to give by turning your idle property into something that changes lives. With trusted agents in cities and towns across the region, the process is designed to be hassle-free and financially beneficial. For more details about the tax benefits and donation process, or to contact a Southfield Donate Real Estate representative visit https://drivingsuccessfullives.org/.
Contact:
Driving Successful Lives
Real Estate Donation – Southfield
877-721-1627
https://maps.app.goo.gl/DidYHzA56fVjjmrH9
https://drivingsuccessfullives.org/real-estate-donation-southfield-city-mi/
About Driving Successful Lives
Driving Successful Lives’ mission is to help raise funds and improve the lives of veterans, homeless families, children, those with addictions while helping donors generate a tax deduction, often with property or vehicles they might no longer want.
Every time a person gives to the charity of their choice it may also create a tax benefit for them. Car donations, real estate donations or money donated to non-profit institutions throughout the tax year may be tax deductible which means that they could make a positive difference for people while reducing the amount of income taxes they pay. Contributing to charities can be a very convenient way to reduce taxes and help others.
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Original Press Release.
