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Donating Household Clutter and Taking a Tax Deduction

Family Balance Sheet

While I love the instant cash that you can get from a yard sale, this year a tax deduction will have to do. It's been awhile since I've taken a tax deduction over having a yard sale, so I did a little research. Unfortunately not everything in your home is considered a tax deduction if donated. Keep it with your tax documents.

Donation 100
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Target Refresh Your Nest Sweepstakes — Savings Blogger

freestuff.tv

Prize includes paint, furniture, lighting, furnishings and more, plus $10,000 to help offset taxes on prize (ARV: $50,000). Contest ends 30 April. Enjoy this site? Please subscribe via Email to have savings, advice, coupons and offers sent directly to you.

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Selling Your Investment Property?

Prairie Eco-Thrifter

Before you start spending your profits, take a breath and then sit down and think through what your net gain or loss might actually be – after taxes and all selling expenses. Real estate is subject to yearly taxes by the county. Of course, you have taxes every year you own the property as well. Capital Gains.

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6 Tips to Save Money On Home Décor

Saving Cents With Sense

1 – Look for used furniture instead of new furnishings. A lot of people give away their furniture and other furnishings and belongings simply because it is easier and faster than selling it. One project that almost anyone can do with just a few of the right tools is painting. There are plenty of ways to save money on home décor.

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My Best Garage Sale Finds

Prairie Eco-Thrifter

If you keep your head and are persistent, you can find many things you want or need, all in near perfect condition, for a fraction of the cost with NO TAXES due. For example, if you want to buy slightly used home furnishings, find an upscale neighborhood where the kids are mostly grown. A brand new croquet se t – $5.