Current IRS rules allow you to deduct 100% of the Fair Market Value of your real estate donation. This tax savings often outweighs the benefit of continuing to hold onto real estate that has become a bad investment, burden, or detriment to the quality of your life.

• Most tax deductions apply to the year the property was donated. The unused portion of the tax deduction can also be carried forward for 5 years.

• To maximize your deduction, 100% of your donations must go to a qualified 501(c)3 approved charity.

• Tax deductions of more than $5,000 require an appraisal to determine the Fair Market Value of the property.