Re: Taxation Implications of Donated Items,

From: Jacqueline.D.Richardson@Hitchcock.ORG (Jacqueline D. Richardson)
Subject: Re: Taxation Implications of Donated Items,
Date: 23 Nov 1999 12:15:14 EST

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- --- Alfred Anderson  wrote:
Question, how should this reduction in 1999 taxes be treated?
  - Should the reduction be applied as "rent" on the property and =
thus
taxed?
  - Should I consider the abandoned property as a "gift" in which =
case no
taxes would be owed?
  - Should I just take the deduction with no offsetting income?
- --- end of quote ---

This probably varies by state, but in New Hampshire after 28 days =
the left-behind property becomes the property of the landlord and =
the landlord can dispose of it in any way they see fit.  Therefore, =
since it becomes your property and you donate it to charity I would =
think you could write it off as a donation.

I'm just a landlord, not an accountant or attorney.

Jackie in VT/NH

- -

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