This Daily Tax Tip Spotify Podcast and/or WordPress Blog Post discusses the Denial of a Charitable Deduction for Donating a Home.
The Fourth Circuit affirmed in Mann v. U.S., 2021 PTC 5 (2021) a district court’s denial of a married couple’s charitable donation of a house, and the personal property in it, to a charitable organization that provides job training to disadvantaged individuals through the salvaging of building materials from demolished homes.
Because the wife was liable for property taxes on both the land and the house throughout the project, the court concluded that she neither conveyed her entire interest in the property nor even an undivided portion of the entire interest in the property and thus no charitable deduction was appropriate.
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