by Johnny
(Alabama)
My church owns a rental house. The tennant moved out after 17 years. I told the church I would provide the work on the inside to get it ready to rent again. This included prepping all walls and ceiling(remove wall paper, prime) painting all walls , ceilings, trim, cabinets, doors; removing old carpet, refinishing all hardwood floors, repairing subfloor in a bathroom, installing new laminate floors in both bathrooms and kitchen, repairing ceiling in one room. I gave them a price of what it would cost if they got an outside contractor to do the work. I told them if they paid for the materials I would donate my labor cost. Can this amount be taken as a charitible deduction?
Thank you.
I am a small business owner. I bought a computer for my business in 2008 for $1500 and have depreciated it $924. I have recently donated it to a recycling center. Do I need to file a 4797 and if so what would be my gross sales price?
by Brandan Cummings
(Seattle, WA)
If you are donating to a non-profit school for your grandchild's education can you deduct it?