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Each of us has different views on the appropriate balance between freedom and security, progress and equality, justice and mercy, individualism and community, property and charity, and this life and the next.
FORBES: Revitalizing The Art Of Political Persuasion
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The reason rolling over is such a pleasure for taxpayers is that a tax deferred is a tax effectively reduced--or even eliminated, if you ultimately give the appreciated property to charity or bequeath it to your relatives.
FORBES: Insiders' Tax Break
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That is because you get an income tax deduction for the fair market value of property you give to charity and you are subject to gift tax on the fair market value of property that you give to a relative.
FORBES: Is Art Advisory Panel Giving Taxpayers A Fair Shake ?
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In October, the foundation which owns Arundells in Salisbury reapplied to the Charity Commission to sell the property due to "disappointing" visitor numbers.
BBC: Plan to stop sale of Sir Edward Heath's Salisbury home
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The charity had no expertise managing property, the executive explained -- not to mention tax liabilities, the mortgage and any number of possible surprises.
FORBES: The office-park deduction
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You get a tax deduction when you contribute money or property to a qualified charity.
FORBES: Fire Department Donation Nixed
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So if you're donating art or other appreciated personal property, ask for a letter from the charity indicating it intends to use the item.
FORBES: Charitable Changes
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Too much easy charity, too few markets and no respect for labor or property leaves Haitians with the lowest living standard in the New World.
FORBES: A Contrast In Catastrophe: Japan And Haiti
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According to property records, the building on West 140th Street was purchased in 1950 by the charity, which later was renamed as the Intercultural Educational Fund Inc.
WSJ: Time Runs Out for Historic Harlem Row House