Donate
We are a non-profit organization who is determined to change the way affordable housing is looked at by focusing on people first. In order to fund our organization and at the same time help restore people and communities, we believe in addressing the cause rather than just the symptom, which is why we invest large amounts of time and energy in providing supportive services and housing.
We acquire and develop all forms of real estate to provide that quality affordable housing and those much needed services. Let’s face it, the disadvantaged and underserved are often looked over in today’s society, and we’re here to change that narrative.
What’s that you say? You want to know how you can help? Great question!
We accept charitable gifts of all forms of real estate, vehicles, water crafts, air crafts, cash donation and personal property. In exchange for your donations you get a tax write-off for the current fair market valuation of your donation. Which can be used to offset your federal, state, and capital gains tax. (Please consult with your tax professional for the best way to maximize this strategy)
Real Estate
Do you own a property free and clear and it is not cash flowing for you? It is actually costing you. Vacant, Tired of tenants and maintenance, looking to downsize, property taxes getting out of control, listed with a realtor and did not sale, or you just want to liquidate and move on with your life. No worries, let us help you with that. Sounds like a straight donation to our organization would be a perfect scenario for you.
What is that you ask? What is a straight donation? Good question?!
Straight Donation
Straight Donation is just that! You are donating your property to us to help further the advancement of our mission and vision of providing quality affordable housing solutions with supportive services for the disadvantaged. Nothing complex or complicated about that. In return you get a tax write off for current fair market value. Below are some of the benefits of a straight donation. (Please consult your tax professional on how to maximize this strategy)
Donor Benefits
- Avoids long, complicated, and messy selling process
- Maintenance upkeep issues resolved
- Capital gains tax issues eliminated
- Deduct full market value now, not what you purchased it for in the past
- Leave a lasting legacy
- Help support a just cause
Do you own a property that has equity and it’s vacant, behind on taxes, housing court issues, code violations, facing foreclosure, inheritance, going through a divorce, tenants not paying. You may have tried to sell in the past or have been contacted and given a lowball offer that just doesn’t work for you! Well no worries we are here to help. Sounds like a bargain sale to our organization would be a perfect scenario for your situation.
What is that you asked? What is a bargain sale!? Great question?
Bargain sale
Bargain sale- Is when you donate a property to our organization the tax write off is the difference between the current market value of the property and the debt owed.
For example: let’s say you own a property that is worth $200,000 as it sits right now today, You have paid down $100,000 so the equity you have in the property is 100,000 the difference between what the property is worth and what you owe(equity). If you donate that property to our organization you can get a take write off for your equity of $100,000 and receive cash. Below are some of the benefits of a bargain sale.
Donor Benefits
- Gift property Subject to Debt
- The gift equals the difference between the current market value of the property and the debt amount.
- If donor pays on the debt, he/she receives income tax charitable deductions as made
- Leave a lasting legacy
- Help support a just cause
The charitable portion of the Bargain Sale provides the donor an immediate federal tax deduction equal to the donated portion, up to 30% of the Adjusted Gross Income (AGI) in the year of the donation. If the charitable portion is greater than 30% of the donor’s AGI in that first year, the excess can be carried forward for five additional tax years.(please consult with your tax professional to maximize this strategy)
Distressed Situations
We also specialize in assisting with all types of distressed situations like negative equity,pre-foreclosure, foreclosure sale date near, forfeiture of property tax deadline near, Probate, or anyone who just wants/needs a fresh start and ready to walk away from their property but also keep their credit intact. We can help Whatever the situation may be! Fill out the form below and one of our friendly volunteers will contact you.
(Questionnaire Form )
Vehicle Donation Program
Donations are a unique and impactful giving option that helps lost dreams restored support [cause]support the various causes we are passionate about Your unwanted car, semi-truck, boat, motorcycle, SUV or even aircraft can be accepted as a donation running or not. Your generosity qualifies for a tax deduction and we’ll do all the heavy lifting. The pick-up is free and we’ll schedule it during a time that’s convenient for you. Call 855-500-RIDE (7433)
