Why Consider Donating Your Property to RHP?

  • Immediate Community Impact

    Your donation will provide safe, affordable housing for families in Rutherford County currently living in substandard conditions. By transforming your property into a secure home, you help build a stronger, healthier community.

  • Tax Advantage

    As a recognized 501(c)(3) nonprofit organization, RHP can provide documentation for your donation, potentially offering you significant tax deductions. This can offset the financial burden of owning an underutilized property.

  • Avoid Costly Repairs and Selling Hassles

    Donating your property eliminates the need for expensive renovations, real estate agent fees, or navigating the complexities of selling a home that needs extensive repairs.

  • Leave a Lasting Legacy

    Your generosity creates a powerful legacy of care and compassion, directly contributing to improving the lives of local families and promoting stability in Rutherford County.

  • Support Local Sustainability

    RHP is committed to ensuring that all resources, including proceeds from donated properties remain in the community. By donating, you help sustain an organization that continuously reinvests in the well-being of Rutherford County residents.

How RHP Will Use Your Property:

At RHP, we specialize in converting donated properties into safe, functional homes for families in need. With the help of skilled volunteers and partnerships with local businesses, we ensure your donation has the maximum impact.

Examples of Success:

  • A renovated home provided a single mother and her children with safe, stable housing after years of living in unsafe conditions.

  • A neglected property was transformed into a secure home for a senior citizen in need of affordable, accessible housing.

By donating, you enable us to continue these success stories while fostering sustainable growth and community strength.

IRS-Allowed Deduction for a Donated Home:

Fair Market Value (FMV):

  • The FMV is the price your property would sell for in its current condition on the open market.

  • A professional appraisal is typically required to substantiate FMV for tax purposes.

Limits on Deduction Amount:

  • The deduction for donated real estate is generally limited to 30% of your adjusted gross income (AGI) for gifts of appreciated property.

  • Any unused portion of the deduction can usually be carried forward for up to five years.

Qualified Appraisal Requirement

  • The IRS requires a qualified appraisal for property donations exceeding $5,000.

  • The appraisal must be conducted no more than 60 days before the donation and attached to your tax return.

Filing Requirements

  • Donors must complete IRS Form 8283, “Noncash Charitable Contributions,” and include it with their tax return.

  • For property donations exceeding $500,000, the appraisal itself must also be submitted with your tax return.

Reduced FMV in Some Cases:

  • If the property has been used to produce income (e.g., as a rental property), the deduction may be limited to the adjusted cost basis rather than the FMV.

  • Consult with a tax professional for precise calculation.

Tax-Exempt Status of the Recipient:

  • The organization receiving the donation must be a recognized 501(c)(3) non-profit, such as RHP, for the donation to be tax-deductible.

By choosing to donate, you contribute to sustainable community growth, strengthen local resources, and provide home for families in need. Together, we can transform your property into a cornerstone of opportunity and care.

If you have any questions or would like to discuss the next steps, please reach out to RHP today. We’re here to help you create a meaningful impact.

Make A Difference.