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Donating a mobile home

Oroville, WA |

Hi,

I have a mobile home that i want to donate to a church. It was just tax assessed at $17,600. Can i use that for the amount to write-off or do i need an appraisal since it is over $5000?

Thanks

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Attorney answers 1

Posted

In many cases the property tax assessment value of a property bears little relationship to its fair market value (the price you would receive if you were to sell it to an unrelated third party). So the short answer is: you need an appraisal to determine the value for income tax purposes.

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