What Can You Do With Old Vehicles on Your Property?
Whether you are sprucing up your curb appeal to sell, just leased or bought a new car, or ... maybe you got a notice from your local municipality to move that dead vehicle on your property... many people need to get rid of unused vehicles every year.
Donating a motor vehicle to charity has become a popular way to give, as it allows donors to benefit a worthwhile charitable purpose and take a tax deduction on their tax returns... and easily get rid of a vehicle without having to post ads online or trade it to a car dealer.
Don’t Get Taken for a Ride: Donating Your Vehicle To Charity
To find out if a charity is eligible to receive tax-exempt donations, check on the IRS’s “EO Select Check” website, www.irs.gov/charities-non-profits/exempt-organizations-select-check. This website lets donors search to see if their donation to a particular charity would be tax-exempt. You may also verify an organization’s status by calling the IRS Customer Account Services for Tax Exempt and Government Entities at (877) 829-5500. It is also important to remember that only taxpayers who file itemized tax returns may deduct their vehicle donation. On average, only 30 percent of taxpayers file itemized tax returns. This means that the other 70 percent of Americans may not take a deduction for their vehicle donation. LEARN MORE HERE: https://www.ag.state.mn.us/Consumer/Publications/VehicleDonations.asp
Here are some locally advertised car donation options:
ATI provides vehicles to individuals referred by community agencies. Many who have come out of desperate circumstances. | http://autotechnical.org/
Donate Your Car to Help Vets | Free Tow: https://www.vehiclesforveterans.org/minnesota/
Newgate School Car Donations | Donate Your Car To Mechanics In Training! Auto School. https://www.newgateschool.org/
Car Donation MN Helps Kids | Benefits Kids Hospitals in MN Free Towing. http://minnesota.wheelsforwishes.org/minneapolis-twin-cities/
Kars4kids | https://www.kars4kids.org/
Donate Your Car or Other Vehicle to MPR | https://www.mpr.org/support/donate-vehicle
Want more info about getting your home ready to sell? These home seller articles and blog post should help!
www.callsarahfirst.com/2016/01/28/are-online-home-value-estimates-accurate