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Transitioning Section 179 Business Property to Fund a Charitable Remainder Trust
1:30 PM - 2:30 PM
Thu Feb 6, 2020
Bronze 4

Description

Many small business owners have taken advantage of tax benefits of using section 179 depreciation when buying certain business property. 

When it comes time for these business owners to transition the business or sell this property there are extreme tax implications. Gifting this property creates an excellent opportunity for donors to take advantage of funding charitable gifts in a way this is very tax favorable.  Learn how you can work with such donors to the benefit of your organization.



Speaker
Jim Schade Associate, GSB Fundraising

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