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Old 02-25-2018, 12:26 PM   #16
MAXUM
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Originally Posted by fatlazyless View Post
.... googled 'charitable donation changes 2018' and came up with

https://www.cbsnews.com/news/charita...m-the-tax-law/

so, is best to inspect your tax situation because the rules have been changed.

To get it hauled or driven away, to get rid of it and get it the heck off your property, there's the 'free stuff' section in the 'for sale' heading of craigslist-nh where you can post photos and let someone have it for free. Hot tubs, sofas, recliners, and old 42' sailboats seem to be common items in the 'free stuff' section, so it seems like a new home can be found for a 39' rv.

How's 'bout the suggestion to re-purpose the 39' rv into a cozy, comfy, air-bnb daily tourist rental ..... with utilities, water-sewer-elec-wifi-tv off to the side on your resdential waterfront property as a money maker to help with the prop tax bill ..... makes me think about Randy Quaid's character .... Cousin Eddy .... in the 1989 movie 'Christmas Holiday' ...... going air-bnb with an rv could be some type of curious adventure! Maybe include an old hot tub from the free stuff to go with the old rv as a sought after rental amenity?
Did you even read this article? Funny how cleverly crafted headlines lead to misunderstanding if you don't carefully read it!

The sweeping Republican tax overhaul, delivered by the GOP-dominated Congress and signed into law by President Donald Trump, doesn't eliminate or even reduce the deduction for donations to charitable, religious and other nonprofit organizations.

DING DING DING - so the point of the headline is what?

A central pillar of the massive tax law doubles the standard deduction that two-thirds of Americans use, to $12,000 for individuals and $24,000 for married couples. That means many taxpayers who now itemize deductions will find it's no longer beneficial for them do so. They'll find that the deductions they normally take, including for charitable giving, don't add up to as much as the new standard amount.

All this is saying is that due to the increases in the standard deductions many may not donate to charity if their only incentive is for tax purposes. It does not affect in any way the deductions of doing so.

Finally - this article ASSUMES that many people who already give to charity do so simply for the tax deduction. That's a bunch of baloney Americans for the most part (outside the elites in DC and the media) are generous and give from the heart. Trying to spin the tax plan as a charity killer is extremely far fetched.
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