They are :
1. Avoid middlemen
2. Find a whorty charity
3. Check the math
4. Know the status of your recipent
5. Transfer the vehicle with safe
6. Your estimate of the donation’s value probably won’t cut it
7. Be detail-oriented
8. Know when you can report the fair market valueKeep a thorough paper trail
9. Keep a thorough paper trail
10. Do the delivery yourself
It so simple right? Donate your used vehicle or boat to charity, and avoid the hassles associated with selling it, and score a tax deduction at the same time. Everybody wins, right?
Before you hand one of your biggest assets over to anyone, read the 10 tips above to be sure you’re making the right moves. Good Luck and Happy Donating!