DONORS
HOW IT WORKS
RED, USA offers property owners a fast process for turning unwanted properties into big tax savings. We are able to guarantee you the full market value for the property. You will receive a cash amount in addition to a tax deduction that can be used anytime during a 5-year period after the sale.
EASY AS 1-2-3
STEP 1
We get the current market appraisal to determine the market value of the property.
STEP 2
We make an offer based upon the current market appraised value and the seller tax deduction needs as determined by the seller's CPA. Our offer typically includes cash plus a tax deduction.
STEP 3
Once the seller has accepted, we close the deal within 30 days.
ANSWER TO YOUR QUESTIONS
Where can RED, USA accept donations
RED USA can accept real estate donations anywhere throughout the US. We also accept properties overseas if the company is US-based.
What if my property has environmental issues?
RED, USA has several years of experience in the environmental industry and has a close working relationship with many environmental consulting companies. In these situations, we complete an evaluation and ensure all state and federal regulations are closely followed. We have accepted and purchased several environmentally-tainted properties in the past.
What if my property has a mortgage on it?
In these, situations, we compare the purchasing price with the mortgage and expenses to be paid at closing. We can purchase properties if the price is large enough to cover the mortgage and expenses.
As for as donations, you cannot donate a property if there is a mortgage on it.
How long does it take RED USA to close on a purchase or donation?
It takes us approximately 30-45 days to purchase a property. Accepting a real estate donation is generally closed within a single week.
Does RED, USA, have a CPA firm my accountant can speak with regarding IRS section 170?
Yes!
Can you still sell the property if there are back taxes on the property?
In these situations, we calculate the expenses and taxes compared to the projected selling price. If the projected selling price is high enough to cover these expenses and taxes, we're still able to sell the property.
Can RED, USA Purchase properties through IRS Section 170?
Yes.
FAST LIQUIDATION OF UNWANTED PROPERTIES
We're typically able to complete the sale in about 30 days. As the donor, you receive cash and a tax deduction.
RECEIVE FULL MARKET VALUE FOR ANY PROPERTY
Between the tax deduction and the cash, we guarantee to match the full market value of the property.
CERTIFIED PROTECTION FOR BROKERS
We donate the proceeds to your charity of choice.