Article Date:
February 2010


Word Count:
344

 

 

No Tax Relief for Donation of Office Space to Church


If a not-for-profit (church) would like to rent space from me (market value $28,000 a year) and I decide to donate the space to the church, can I write off the $28,000? If so, do I need a lease or some type of documentation for the IRS? (M.A., Woodstock, IL)

 

The Free Rent Issue

 

You don’t want to do this. Giving free rent to the church produces a zero tax deduction for you.

 

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