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Real Estate News Releases
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(EMAILWIRE.COM, November 22, 2011 ) Detroit, MI – Gifting property is an option few investors and property owners are aware of. As with any charitable contribution, there are income tax benefits to gifting real estate. A gift of property can help the owner get rid of unproductive real estate while making a difference for charities that help so many people.
Michael Schoen of Donating Real Estate recently spoke to a group of real estate investors about the process of gifting property. When asked about 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.”
Donating Real Estate is the real estate solution for charities receiving a property gift and for donors of property. They are recognized as the premier real estate marketing consultant by real estate investors, charities and those who are gifting property. Donating Real Estate helps charities through the entire process of receiving property gifts and converting the asset to cash.
Donating Real Estate helps the individual or business through the process of gifting property to a charity, making the experience rewarding and beneficial. Visit http://www.giftingproperty.com/ to learn more.
About Donating Real Estate:
Donating Real Estate has helped hundreds of property owners obtain the most value for their unwanted real estate while helping a charity in need. Regardless of the overall condition of a property, Donating Real Estate can offer a solution to get out of owning unproductive real estate. Michael Schoen is a Licensed Real Estate Professional who understands all aspects of donating real property to charity. Michael works with the donor and the charity to coordinate a smooth, successful property transfer.
Contact:
Michael Schoen
Donating Real Estate
PO Box 300428
Waterford, MI 48330-0248
248-757-1713
Email: donaterealestate@gmail.com
This press release was submitted by Right Now Marketing Group, LLC
Donating Real Estate
Michael Schoen
248-757-1713
donaterealestate@gmail.com 
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