Providing for Mass Appeal International in your estate will enhance our ability to help distressed families and individuals for years to come. You can remember Mass Appeal International in your will. Or you can name us as a beneficiary of your life insurance, living trust, or qualified retirement plan. The designation is:
“I give and bequeath___________________ to Mass Appeal International Inc, , a charitable corporation organized under the laws of the State of Massachusetts”
Mass Appeal International now takes real estate donations and put the proceeds to good use! Besides helping us with your generosity, a gift of real estate offers many benefits to you, including:
§ Diminish or Eliminate Capital Gains § Receive a Charitable Tax Deduction for the Full Market Value § No Real Estate Fees § Simple Ownership Transfer § Eliminate Selling Problems We can accept most any real estate, including: § Residential § Condos § Commercial § Industrial § Vacant Land § Properties with Environmental Issues § Even Properties with Mortgages or LiensPlease help us provide a glimmer of hope to those who do not have such a bright future. A simple call can take care of the entire process. Ask for Ms. Romero at 781-321-0406 for all the information!
Mass Appeal International, Community roots with mass appeal. Corporations Benefit Highly from Donations of Real Estate. Everyone wants to do something for his or her favorite charitable cause. Corporations are no different than individuals. Of course, timing and the amount of donations have to make good business sense as well. In the past, corporations were challenged to liquidate properties in a timely manner while meeting governmental guidelines and regulations. Even giving the property away was difficult. Historically, due to complex legal and financial issues most charities have been unable or unwilling to accommodate gifts of real estate. This was especially true of large multi-use projects and vacant land. However, that’s changed. Mass Appeal International has made the process of donating real estate fast and simple. What Types of Properties Might Be Considered? Office Buildings, Warehouses, Manufacturing Plants, Vacant Land, Corporate Retreats, Land Leases, Partial Ownership Positions, Hotels, Marinas, International Assets How Does My Corporation Benefit? If you have a controlling interest in the corporation and the property has been held for more than one year, the corporation may be able to deduct up to 10% of the net profit of the corporation. Excess contribution amounts may be carried forward for up to five years. The fair market value of the donated property should be reduced by the amount of accumulated depreciation. How to Give: Straight Gift: The least complicated method, your corporation may take the full-appraised value of the asset as a deduction at the time title transfers to the charity. Also, you can time the exact date of transfer. You choose the quarter or fiscal year that benefits you most. Charitable Remainder Trust: Using real estate as a funding source, your corporation may create a Charitable Remainder Trust. The corporation may benefit from an income stream, tax deduction, and great public relations benefits. Donor Advised Fund: The corporation can suggest how much of its fund will go each year to the charity. Choices range from no distribution to total liquidation in a given year. If you would like more information about our Corporate Donation Program or any of the other life charitable plans available through Mass appeal International, please call us at 781-321-0406.Dear Friend of Mass Appeal International
Do you have unwanted or unused real estate? As the business of corporate America changes, many companies and organizations are faced with a dilemma: a building, warehouse, vacant land, or excess inventory that no longer fits their plans. Disposing of these properties can be expensive and time-consuming, and it is quite often impossible to find a buyer.
We Have Your Solution! You can donate that excess property to the Mass Appeal International. The proceeds from the donation will directly benefit Mass Appeal International. What are your benefits? Many! You are unburdened from the costs of an unneeded property. The corporation may be able to deduct up to 10% of corporate profits, and excess contribution amounts can be carried forward up to five years. The timing of the donation can be made to your best advantage. Finally, your corporation reaps tremendous public relations benefits. How does it work? Mass appeal International charity is a working 501©3 charitable organization working with nationwide Real Estate Professionals, a to implement this program. We have a team of experts and offers a simple and easy process for both Mass Appeal International and the donor. Individuals can also benefit from this program with donations of cars, boats, residential property and more! You start by calling Ms. Romero at 781-321-0406 with your questions and to see if your donation qualifies. Car Donations are fast and easy with our charity vehicle donation program. Donate cars, trucks, vans, boats, planes, even lots and real estate. Your auto donation is as easy as a phone call or a simple online form. Call 24 hours at 781-321-0406!When you make a charity car donation:
Our charity car donation program
How much easier could car donations be? We make it simple and hassle-free to donate a car! Your vehicle donation helps support our charity in our vital work. People like you with cars to donate make a significant contribution to our organization and the people we help. Your charity car donation helps our organization substantially increase our contributions to the public good! If you are thinking about donating a car to charity, please call our charity.
781-321-0406 CALL 24 HOURS DONATION CENTER
YOU CAN CALL ONE OF THOSE JUNK CAR REMOVAL GUYS BUT YOU WONT GET A WRITE OFF FOR IT
we accept all years all makes all models. We look forward to hearing from you!
Excess contribution value may be carried forward for up to five years. If the property has been depreciated, the fair market value must be reduced by its accumulated depreciation through the date of contribution. Fair market value is most commonly determined by an independent appraisal.
If you elect to deduct your cost basis of the donated property you are allowed a deduction of fifty percent (50.00%) of your adjusted gross income. Excesses here again can be carried forward up to five years. Which method you elect is dependent on the cost basis in the property donated, your tax bracket, the age and health of the donor and whether you plan to make future contributions.
Corporate Donors
If you have a controlling interest in the corporation and the property has been held for more than one year, the corporation can deduct up to ten percent (10.00%) of the
net profit of the corporation.
Excess contribution amounts can be carried forward up to five years. The fair market value here must be reduced by the amount of accumulate depreciation. If the corporate has elected “Subchapter S” status, then the contribution allowed will be reported on the individual shareholders K1 and may be deducted on the individual return. Partnerships, S-Corporations and Limited Liability Companies The corporation may not claim a deduction for the property donated. Rather, the contribution passes to the individual shareholders on a pro-rated based on their percent ownership in the S corporation. The shareholder can claim this deduction on their individual tax return. The same limits and carry forward rules will apply. Partnerships and limited liability company contribution rules are the same as an S corporation with one exception the partners or member can claim a deduction even if they have no basis in the partnership or limited liability company.
Download Publications 561.Form 8283 See your tax return instructions. Section A. Donated Property of $5000 or Less … Donee Information Return, with the IRS and give the donor a copy of that …
http://www.irs.gov/pub/irs-pdf/f8283.pdf
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