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There
are times when I have to choose between selling items and donating
them to museums or organizations.
My experience has been when I have donated items I find out
that they have been sold or left in back rooms. So I have been
hesitant to donate. The only advantage is a tax break as they
rarely purchase anything.
I do not hesitate to give items to an individual or family
when it is directly associated with them. This is especially
true with letters and photographs. If you do donate make sure
that you receive a letter confirming receipt, but it is up
to you to determine the price for tax purposes. You will need
that if questioned by the IRS for donated items over $250.
The weather has finally begun to change for the better here
in New England so it is time to get out to those yard sales.
Good picking!
Picking should begin this month so good luck
Jared
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