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Originally Posted by High_Plains_Retired
I think perhaps you have misunderstood me.
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Perhaps, but I don't think so. Your statement was pretty clear:
Quote:
Originally Posted by High_Plains_Retired
A non-profit would be great if they would use it for charitable or non-profit work.
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If a non-profit would be great then allow that to happen.
Even if that means they turn around and sell it... at a (gasp!) discount.
Quote:
...divesting my family's time and efforts from the property
and at the same time extract from it a reasonable value.
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That's the hole I'm referring to.
Based on your statement... I don't think you can do both.
Take the charity deduction or wholesale it to an investor.