Posted by David Krulac on March 15, 2002 at 09:00:43:
for donating property several obstales are finding a charity willing to accept the donation, and making sure that the charity is approved by the IRS. Those problems are not insignificant. we have sucessfully donated property and it is not easy to meet all the requirement and make it work.
I was high bidder on a house for $90,000 when the taxes owed were only $2,000 (min bid). but that’s another story.