|Resale Donation Logistics||<– Date –> <– Thread –>|
|From: Frost, Morgan (frostmseattleu.edu)|
|Date: Mon, 5 Aug 2019 10:14:22 -0700 (PDT)|
Hi Cohousers, For those who have donated a portion of resale proceeds to the community, any logistic tips? We are moving from one house in our community to a different (bigger) house. We'd like to donate 1% of the sale back to our community (inspired by those on this listserv!). What are the tax implications for my community in receiving a large gift? What are the tax implications for me for donating a large sum to a non-profit this year? I assume we can send the funds directly to the cohousing account at closing with the title office and send the rest to other accounts of ours. Is this correct? *Ann Zabaldo, can't find your contact info but would LOVE your input! Thank you! Morgan Vashon Cohousing Washington State
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