Great Falls, VA
5BR, 8BA, 10,993 sq ft, selective deconstruction: windows, doors, kitchen, etc
Donation Value of Materials
$402,000
Effective Tax rate, (Federal and State tax rates added together)
40%
Tax Savings ($402,000 x 40%)
$160,800
Cost of deconstruction
$41,500
Charitable donation packet (appraisal, IRS Form 8283)
$4,995
Net Profit to owner
$114,305