Your Contribution Will Help Your Charity of Choice!
Property donation programs can help non-profit charitable organizations with a substantial source of much needed funding.
Action Donation Services will issue your tax receipt on behalf of your chosen non-profit and mail it to you as soon as your donated property is sold.
ADS evaluates each and every donation on a case by case basis. Whenever financially beneficial, ADS will repair, refurbish, and properly prepare donated property for sale. The ultimate goal being to maximize the selling price. ADS also has the option of selling property on the retail market (not wholesale) in order to acheive the maximum resale value. When feasible, property which is sold at auction, is carefully prepared to bring the maximum price. The importance of giving this kind of superior attention to improving donated property prior to sale cannot be over-emphasized! This unique feature of the ADS program results in significantly greater income for the charities per donation. And can dramatically increase the maximum legal tax deduction available for the donor.
Our tax receipts fully comply with all IRS requirements. For property sold under $500, you may claim the greater of either the fair market value or the sales price (not to exceed $500).
For property valued over $500, the following applies;
If we administer material improvements, we will print a detailed description of these improvements on the tax receipt (IRS form 1098-C). If the IRS determines that the improvements listed on the 1098-C form constitute significant material improvements, then the donor may be allowed to deduct up to private party value. Private party value can be determined a number of ways such as; a valuation guide (Kelley Blue Book, NADA, Edmunds) or an appraisal by an independent appraiser.
We will mail one copy of the 1098-C form to the IRS and two copies to you. You must attach a copy of IRS Form 1098-C to your tax return when claiming deductions. The IRS requires that donated property valued in excess of $5,000 be appraised by an independent appraiser. For additional information, please contact your tax professional or visit: www.irs.gov
By donating, you do not have to worry about selling the property yourself, including: low offers, mechanical repairs, liability issues or advertising expenses. The time consuming process of showing and selling your property to a complete stranger could pose a potential risk to you and/or your family.
Please Donate Now!
Call us toll free at (866) 2-GIVING or
866-244-8464 or submit your donation online by clicking here to access our online donation form. Please have your property's title or registration ready when you call for easy access to the VIN and license plate numbers, which are required in order to donate.