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Proceed with caution when accepting real estate that may be subject to a prearranged sale. Although the onus is on the donor to ensure that their charitable ...
You would record a gift at the value of the property, net of any liabilities. The appraisal should reflect those outstanding debts which lower the overall ...
Good evening, We have a donor interested in gifting an encumbered property. He has found a qualified buyer since we are not interested in using for our ...