Real Estate Donations 

Donating real property to a California-based non-profit can be a significant charitable act, offering potential tax benefits and supporting the organization's mission. However, it's crucial to understand the process, legal requirements, and potential tax implications. 

Potential Benefits:

• Tax Deductions:

  Donating property can provide a charitable income tax deduction, potentially allowing you to deduct the fair market value of the property at the time of the donation from your taxable income. 

• Avoiding Capital Gains:

  In some cases, donating a portion of the property to a charity before selling it can help offset capital gains taxes on the portion sold. 

• Supporting the Organization's Mission:

  The donation directly supports the non-profit's work, enabling them to continue their charitable activities. 

Important Considerations:

• Fair Market Value:

  The deduction is generally based on the fair market value of the property at the time of the donation. 

• Complexity of the Process:

  Donating real estate involves appraisals, legal documentation, and potential environmental assessments. 

• Professional Advice:

  It's highly recommended to seek professional advice from a qualified legal and tax professional before making a real estate donation. They can help navigate the specific requirements and ensure the donation is structured to maximize benefits and minimize potential issues. 

4. How to Donate:

• Contact the Bolo's:

  Reach out to us to donate to and discuss our procedures for accepting real estate donations. 

• Consult with Professionals:

  Work with a real estate attorney and tax advisor to handle the legal and tax aspects of the donation. 

  Other Donations we accept to support our goals :​

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• Cash or Equivalents 

• Cryptocurrencies 

• Stocks and Securities 

• Restricted or Pre-IPO Stocks

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