How to Have Your Cake and Eat It Too
Prairie Eco-Thrifter
JULY 1, 2013
Hartz, a partner at the law firm Katten Muchin Rosenmann in Chicago, calls this approach “heads I win, tails I don’t lose.” You will get the income tax deduction for the gift to charity (spread out over several years), avoid the capital gains tax on a sale, feel good about benefiting your charity and still have a place to live.
Let's personalize your content