Legal Question in Tax Law in California

Are there tax benefits for a land/property owner who temporarily donates his or her property to a nonprofit organization for the purpose of cultivating the land into a garden whose crops are donated to local charities?


Asked on 6/28/10, 1:25 pm

1 Answer from Attorneys
Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

Certainly the fair market rental value of arable land, lent to a qualified tax-exempt organization, should be deductible from your taxable income as a charitable donation, assuming you itemize deductions.

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Answered on 6/29/10, 12:15 am


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