Gifting a Property is a Win Win Win for Everybody Involved

(EMAILWIRE.COM, February 14, 2011 ) Detroit, MI - Regardless of the overall condition of your property, Donating Real Estate can help you obtain the most value for you and a charity in need by way of gifting a property.

Michael Schoen is a Licensed Real Estate Professional who understands all aspects of donating real property to charity. Michael works with the donor and the charity to coordinate a smooth, successful property transfer.

They have helped many people gifting a property, each ranging in value. If you're seeking a way out of unproductive real estate, or just looking to Donating a a generous piece of property, then rely on Donating Real Estate for the successful completion of the charitable giving process.

By implementing a gifting a property program, an estate owner can dramatically reduce the size of the taxable estate. If an estate owner doesn't need an asset to live on, it may make sense to give the asset away, since the recipient will likely be the person who would receive the asset at death.

The advantage of gifting a property while living is that the appreciation in the value and income from the gifted asset is removed from the estate. However, the estate owner who is gifting a property must realize that once the property is gifted, the estate owner loses all benefits and control of the property.

Further, the income tax consequences (basis issues) must be also considered when gifting is contemplated.

Contact Michael at 248-757-1713 to learn more about donating real estate to charity.

Michael Schoen
Central Visions
4380 W. Grand Blanc Rd
Swartz Creek, MI 48473
Call 248-757-1713
Email: donaterealestate@gmail.com
http://www.giftingproperty.com/

This press release was submitted by Right Now Marketing Group.

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Donate Real Estate
Michael Schoen
248-757-1713
info@donatingrealestate.com