[2006] Donate Week to Charity

[chalee94]

Couldn't the charity just rent the week from you in exchange for FMV, and then you voluntarily donate the cash back to the charity and take the deduction?

You should try running a charity where you pay people cash and expect them to pay it back to you.

Let us know how that works out...

(You can always rent a week that you own for cash and donate the cash for a deduction. But once people get the cash, sometimes they start feeling less charitable. )

 

[Ty1on]

You should try running a charity where you pay people cash and expect them to pay it back to you.

Let us know how that works out...

(You can always rent a week that you own for cash and donate the cash for a deduction. But once people get the cash, sometimes they start feeling less charitable. )

I have a sneaking suspicion that most people that would want to donate a week are doing it because it isn't renting for what they want, or not renting at all. Most, mind you. The United States is home to more genuinely charitable people than anywhere else on the planet, in my humble.

 

[TUGBrian]

an easy way around this is to simply rent out the unit yourself, then donate whatever cash amount you want to the charity of your choice as a legitimate charitable donation.