"One possibility -- rent the property to the nonprofit -- thus, you get rental business income and can take deductions for expenses associated with that. And then you can donate $$$ to the nonprofit sufficient to cover the rent, and take a charitable deduction for that."RiverCityFool: Thanks for the great idea! I'll talk to my accountant to set this up right away.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<