12,532 sq ft, Interior gut of an historic building in Old Town Alexandria
Donation Value of Materials
$370,000
Effective Tax rate, (Federal and State tax rates added together)
40%
Tax Savings ($370,000 x 40%)
$148,000
Cost of deconstruction
$59,995
Charitable donation packet (appraisal, IRS Form 8283)
$10,995
Net Profit to owner
$77,010
These results are not uncommon. They are however heavily influenced by the Scope of Work as well as the condition, quality, and quantity of material available for donation.