If someone offers to donate a house, commercial building, or other real property to your organization, your first instinct is probably to say yes. There are many reasons to be cautious, however, when considering whether to accept a charitable donation of real estate. Tax liens, environmental problems, building code violations and other issues might make the property more trouble than it is worth. This article lays out some of the important questions to ask before accepting real property.
To read the entire article, please click here.Article: Accepting a Charitable Donation of Real Estate