PRLog - Jan. 6, 2010 - Detroit, MI – Donate a house to charity if you are stuck with an unwanted property. Investors who hold unwanted property suffer from the burden of management and associated expenses. If the property is vacant and falling into disrepair, they also face serious liability risk.
Help a charity while getting rid of a burden
Michael Schoen of Donating Real Estate speaks at real estate investor meetings in the Metro Detroit area to teach them about an option that few are aware of. “You can donate a house to charity and receive a tax deduction,” Michael explained. “The process is more involved than donating a box of clothing or a gift of cash. Our company, Donating Real Estate, specializes in handling the donation to protect the charity from liability as we liquidate the property and give the proceeds to the charity.”
Selling a home in today’s market is not always the right solution. With low market values and high competition, people often sell at a loss. Michael Schoen says, “Why not donate the house, help a charity, get rid of a financial burden and get a substantial tax deduction? You are still taking a loss, but at the same time, helping a charity in need.” Learn more about donating a house at http://www.donate-
Donating Real Estate is the real estate solution for charities and donors. If you are interested in learning more about the process please register to view a free online presentation that describes in detail how your charity can benefit from your real estate donations. Click here to submit your request for the presentation:
20700 Civic Center Drive; Ste 170
Southfield, MI 48076
This press release was submitted by Right Now Marketing Group, LLC
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