{"id":136,"date":"2019-08-21T15:14:28","date_gmt":"2019-08-21T15:14:28","guid":{"rendered":"https:\/\/www.kars4kids.org\/real-estate\/stories\/?p=136"},"modified":"2020-07-06T09:37:59","modified_gmt":"2020-07-06T09:37:59","slug":"donate-land-tax","status":"publish","type":"post","link":"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/","title":{"rendered":"2.5 Acre Land Donation in Maryland &#8211; Tax Deduction"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">How a Bargain Sale Helped Offset Income Tax<\/h2>\n\n\n\n<p>Tim owned a 2.5 acre property in Maryland suitable for\neither a home or for farming.&nbsp; He bought the lot at an estate auction with\nthe original intention of building a home there for himself. It was what made\nsense at the time, being that the large property was zoned for just one home.\nBut then Tim changed his mind.<\/p>\n\n\n\n<p>Tim put the property on the market for $175,000. He figured he was well within market range, since the neighborhood is a mix of both larger and smaller homes, running anywhere from $200,000-$500,000. This was a wooded lot, and Tim had completed a survey to confirm the original claim that the size of the lot was 2.5 acres. In addition, Tim sought out and received perc approval so that the future owner could build any size home desired. To Tim\u2019s mind, the property had a lot of potential.<\/p>\n\n\n\n<p>As a savvy property owner, of course, Tim had heard about the concept of doing a bargain sale.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Donating land for a tax write off was a good decision for Tim<\/h2>\n\n\n\n<blockquote class=\"wp-block-quote\"><p> His attorney drafted a contract in which <a href=\"https:\/\/www.kars4kids.org\/real-estate\/donate-land.php\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Kars4Kids (opens in a new tab)\">Kars4Kids<\/a> would pay him 40% of the appraised value of the property, and Tim would take the remainder as a tax deduction to offset his remaining income for the year. <\/p><\/blockquote>\n\n\n\n<p>\n\nTim was so pleased with the process and its advantageous outcome, that he later approached us to donate another property he owned! \n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How a Bargain Sale Helped Offset Income Tax Tim owned a 2.5 acre property in Maryland suitable for either a home or for farming.&nbsp; He bought the lot at an estate auction with the original intention of building a home there for himself. It was what made sense at the time, being that the large [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":171,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[4,7],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2.5 Acre Land Donation in Maryland - Tax Deduction - Kars4Kids Real Estate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2.5 Acre Land Donation in Maryland - Tax Deduction - Kars4Kids Real Estate\" \/>\n<meta property=\"og:description\" content=\"How a Bargain Sale Helped Offset Income Tax Tim owned a 2.5 acre property in Maryland suitable for either a home or for farming.&nbsp; He bought the lot at an estate auction with the original intention of building a home there for himself. It was what made sense at the time, being that the large [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/\" \/>\n<meta property=\"og:site_name\" content=\"Kars4Kids Real Estate\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/kars4kids\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-21T15:14:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-07-06T09:37:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/www.kars4kids.org\/real-estate\/stories\/wp-content\/uploads\/2019\/08\/shutterstock_386646052.jpg?fit=1000%2C667&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"k4kblog\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@kars4kids\" \/>\n<meta name=\"twitter:site\" content=\"@kars4kids\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"k4kblog\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/\"},\"author\":{\"name\":\"k4kblog\",\"@id\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/#\/schema\/person\/fb94fa991d047f9a8dad6bc7881ce6c9\"},\"headline\":\"2.5 Acre Land Donation in Maryland &#8211; Tax Deduction\",\"datePublished\":\"2019-08-21T15:14:28+00:00\",\"dateModified\":\"2020-07-06T09:37:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/\"},\"wordCount\":254,\"publisher\":{\"@id\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/#organization\"},\"articleSection\":[\"Donor case studies\",\"Land\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/\",\"url\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/\",\"name\":\"2.5 Acre Land Donation in Maryland - Tax Deduction - Kars4Kids Real Estate\",\"isPartOf\":{\"@id\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/#website\"},\"datePublished\":\"2019-08-21T15:14:28+00:00\",\"dateModified\":\"2020-07-06T09:37:59+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"2.5 Acre Land Donation in Maryland &#8211; Tax Deduction\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/#website\",\"url\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/\",\"name\":\"Kars4Kids Real Estate\",\"description\":\"Articles and Case Studies\",\"publisher\":{\"@id\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/#organization\",\"name\":\"Kars4Kids\",\"url\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/www.kars4kids.org\/real-estate\/stories\/wp-content\/uploads\/2020\/06\/logo2.png?fit=170%2C46&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/www.kars4kids.org\/real-estate\/stories\/wp-content\/uploads\/2020\/06\/logo2.png?fit=170%2C46&ssl=1\",\"width\":170,\"height\":46,\"caption\":\"Kars4Kids\"},\"image\":{\"@id\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/kars4kids\/\",\"https:\/\/twitter.com\/kars4kids\",\"https:\/\/instagram.com\/kars4kids\",\"https:\/\/www.youtube.com\/user\/877kars4kids\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/#\/schema\/person\/fb94fa991d047f9a8dad6bc7881ce6c9\",\"name\":\"k4kblog\",\"url\":\"https:\/\/www.kars4kids.org\/real-estate\/stories\/author\/k4kblog\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"2.5 Acre Land Donation in Maryland - Tax Deduction - Kars4Kids Real Estate","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/","og_locale":"en_US","og_type":"article","og_title":"2.5 Acre Land Donation in Maryland - Tax Deduction - Kars4Kids Real Estate","og_description":"How a Bargain Sale Helped Offset Income Tax Tim owned a 2.5 acre property in Maryland suitable for either a home or for farming.&nbsp; He bought the lot at an estate auction with the original intention of building a home there for himself. It was what made sense at the time, being that the large [&hellip;]","og_url":"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/","og_site_name":"Kars4Kids Real Estate","article_publisher":"https:\/\/www.facebook.com\/kars4kids\/","article_published_time":"2019-08-21T15:14:28+00:00","article_modified_time":"2020-07-06T09:37:59+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/i0.wp.com\/www.kars4kids.org\/real-estate\/stories\/wp-content\/uploads\/2019\/08\/shutterstock_386646052.jpg?fit=1000%2C667&ssl=1","type":"image\/jpeg"}],"author":"k4kblog","twitter_card":"summary_large_image","twitter_creator":"@kars4kids","twitter_site":"@kars4kids","twitter_misc":{"Written by":"k4kblog","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/#article","isPartOf":{"@id":"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/"},"author":{"name":"k4kblog","@id":"https:\/\/www.kars4kids.org\/real-estate\/stories\/#\/schema\/person\/fb94fa991d047f9a8dad6bc7881ce6c9"},"headline":"2.5 Acre Land Donation in Maryland &#8211; Tax Deduction","datePublished":"2019-08-21T15:14:28+00:00","dateModified":"2020-07-06T09:37:59+00:00","mainEntityOfPage":{"@id":"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/"},"wordCount":254,"publisher":{"@id":"https:\/\/www.kars4kids.org\/real-estate\/stories\/#organization"},"articleSection":["Donor case studies","Land"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/","url":"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/","name":"2.5 Acre Land Donation in Maryland - Tax Deduction - Kars4Kids Real Estate","isPartOf":{"@id":"https:\/\/www.kars4kids.org\/real-estate\/stories\/#website"},"datePublished":"2019-08-21T15:14:28+00:00","dateModified":"2020-07-06T09:37:59+00:00","breadcrumb":{"@id":"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donate-land-tax\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.kars4kids.org\/real-estate\/stories\/"},{"@type":"ListItem","position":2,"name":"2.5 Acre Land Donation in Maryland &#8211; Tax Deduction"}]},{"@type":"WebSite","@id":"https:\/\/www.kars4kids.org\/real-estate\/stories\/#website","url":"https:\/\/www.kars4kids.org\/real-estate\/stories\/","name":"Kars4Kids Real Estate","description":"Articles and Case Studies","publisher":{"@id":"https:\/\/www.kars4kids.org\/real-estate\/stories\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.kars4kids.org\/real-estate\/stories\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.kars4kids.org\/real-estate\/stories\/#organization","name":"Kars4Kids","url":"https:\/\/www.kars4kids.org\/real-estate\/stories\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.kars4kids.org\/real-estate\/stories\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/www.kars4kids.org\/real-estate\/stories\/wp-content\/uploads\/2020\/06\/logo2.png?fit=170%2C46&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.kars4kids.org\/real-estate\/stories\/wp-content\/uploads\/2020\/06\/logo2.png?fit=170%2C46&ssl=1","width":170,"height":46,"caption":"Kars4Kids"},"image":{"@id":"https:\/\/www.kars4kids.org\/real-estate\/stories\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/kars4kids\/","https:\/\/twitter.com\/kars4kids","https:\/\/instagram.com\/kars4kids","https:\/\/www.youtube.com\/user\/877kars4kids"]},{"@type":"Person","@id":"https:\/\/www.kars4kids.org\/real-estate\/stories\/#\/schema\/person\/fb94fa991d047f9a8dad6bc7881ce6c9","name":"k4kblog","url":"https:\/\/www.kars4kids.org\/real-estate\/stories\/author\/k4kblog\/"}]}},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.kars4kids.org\/real-estate\/stories\/wp-content\/uploads\/2019\/08\/shutterstock_386646052.jpg?fit=1000%2C667&ssl=1","_links":{"self":[{"href":"https:\/\/www.kars4kids.org\/real-estate\/stories\/wp-json\/wp\/v2\/posts\/136"}],"collection":[{"href":"https:\/\/www.kars4kids.org\/real-estate\/stories\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kars4kids.org\/real-estate\/stories\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kars4kids.org\/real-estate\/stories\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kars4kids.org\/real-estate\/stories\/wp-json\/wp\/v2\/comments?post=136"}],"version-history":[{"count":11,"href":"https:\/\/www.kars4kids.org\/real-estate\/stories\/wp-json\/wp\/v2\/posts\/136\/revisions"}],"predecessor-version":[{"id":405,"href":"https:\/\/www.kars4kids.org\/real-estate\/stories\/wp-json\/wp\/v2\/posts\/136\/revisions\/405"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kars4kids.org\/real-estate\/stories\/wp-json\/wp\/v2\/media\/171"}],"wp:attachment":[{"href":"https:\/\/www.kars4kids.org\/real-estate\/stories\/wp-json\/wp\/v2\/media?parent=136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kars4kids.org\/real-estate\/stories\/wp-json\/wp\/v2\/categories?post=136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kars4kids.org\/real-estate\/stories\/wp-json\/wp\/v2\/tags?post=136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}