{"id":27,"date":"2019-07-29T16:44:24","date_gmt":"2019-07-29T16:44:24","guid":{"rendered":"http:\/\/dev.kars4kids.org\/real-estate\/stories\/?p=1"},"modified":"2020-07-07T11:22:37","modified_gmt":"2020-07-07T11:22:37","slug":"donation-rental-property","status":"publish","type":"post","link":"https:\/\/www.kars4kids.org\/real-estate\/stories\/donor-case-studies\/donation-rental-property\/","title":{"rendered":"Ohio Doctor Makes a Charitable Donation of Rental Property"},"content":{"rendered":"\n

How a busy doctor used Kars4Kids<\/a> to make a charitable donation of his rental property<\/h2>\n\n\n\n

Patel, a doctor from Ohio,\nbought an investment property at a Fannie Mae foreclosure sale. For a while,\nthe property was a good source of income, as a rental. Before long, however,\nPatel was in over his head.<\/p>\n\n\n\n

The tenant was a shady sort. He\nwas abusing all sorts of illegal substances and was, furthermore, siphoning\nutilities off of the neighboring property, an illegal practice. But the tenant\nwasn\u2019t Patel\u2019s only headache. Patel had received a violation notice from the\nhousing division, with a long list of mandatory repairs the cost of which would\nexceed the value of the home. <\/p>\n\n\n\n

It was all too much. Petel decided to make a charitable donation of his rental property.<\/p>\n\n\n\n

That\u2019s when Patel decided to get in touch with Kars4Kids<\/a>. The charity arranged a smooth and swift property transfer. End of Patel\u2019s big headache. <\/p><\/blockquote>\n\n\n\n

But not the end of the story. <\/p>\n\n\n\n

Kars4Kids collaborated with\nlocal authorities to bring the property up to speed, and make it comply with\nproper safety and building standards. Then we sold the property to an investor\nwe just knew would rehabilitate the property and make it into something great. <\/p>\n\n\n\n

Sometimes a real estate investment just doesn\u2019t work out. In such a case, it\u2019s good to know you can call on Kars4Kids<\/a>. We\u2019re glad to help you, if we can.<\/p>\n","protected":false},"excerpt":{"rendered":"

How a busy doctor used Kars4Kids to make a charitable donation of his rental property Patel, a doctor from Ohio, bought an investment property at a Fannie Mae foreclosure sale. For a while, the property was a good source of income, as a rental. Before long, however, Patel was in over his head. The tenant […]<\/p>\n","protected":false},"author":2,"featured_media":125,"comment_status":"closed","ping_status":"closed","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":[4,32],"tags":[],"acf":[],"yoast_head":"\nCharitable Donation of Rental Property<\/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\/donation-rental-property\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Charitable Donation of Rental Property\" \/>\n<meta property=\"og:description\" content=\"How a busy doctor used Kars4Kids to make a charitable donation of his rental property Patel, a doctor from Ohio, bought an investment property at a Fannie Mae foreclosure sale. 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