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Real Estate News Releases
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(EMAILWIRE.COM, July 06, 2010 ) Detroit, MI – Gifts of property to charity can help people unload an unwanted burden while helping low-income families and children in need. The gift of property becomes a gold mine for the charity and its cause. As with any charitable contribution, there are income tax benefits to gifting property.
Michael Schoen represents Central Visions, a charity that accepts gifts of property which they liquidate to fund their cause. Michael recently spoke to a group of real estate investors about the process of donating a gift of property.
When asked to explain the tax benefits, Michael said, “Rules can vary depending on several factors, including if the property is owned by an individual, partnership, corporation or LLC. Typically, contribution deductions are limited to a percentage of your adjusted gross income with excess contributions carried forward for up to five years.”
Central Visions is a non-profit organization that is making a big difference in the Metro Detroit community. In addition to cash donations, they also accept real estate donations. Michael Schoen represents Central Visions and the property donor, to assist in the transaction.
Giving gifts of property is a solution for charities and donors. Michael Schoen is a real estate marketing consultant who works with the charity and the generous people who are donating gifts of property. Visit http://www.giftsofproperty.com/ to learn more.
Contact:
Michael Schoen
Central Visions
4380 W. Grand Blanc Rd
Swartz Creek, MI 48473
Call 248-757-1713
Email: donaterealestate@gmail.com
This press release was submitted by Right Now Marketing Group, LLC
Central Visions
Michael Schoen
248-757-1713
donaterealestate@gmail.com 
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