In article ,
Mundo wrote:
Has anyone here donated a boat? Any advice? Any recommendations? I am
thinking of donating rather than selling my CD30K for this years tax
purposes. I am in the process of downsizing to a Marshall 18 open cockpit.
http://www.marshallcat.com/images/M18open1.jpg.JPG
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Mundo, The Captain who is a bully and an ass
Been on both sides... donated and been on the board of a non-profit that accepted them. The key is that you can't claim the full deduction if the organization doesn't keep the boat for some period of time. (Not an accountant, with whom you should check.)
A few forms to fill out but it's pretty simple.