Immediate Tax Benefits for Farm and Land Owners in NY's Westchester and Orange Counties
April 03, 2006 (PRLEAP.COM) Business NewsNew York, USA (PRWEB) April 5, 2006 – International Friendship announced it has completed the plans for a new EcoCenter and is now seeking an upstate property suitable for its construction. The chosen property will serve non-profit at-risk youth programs and will entitle its owner to high savings and numerous tax benefits.
Land owners in NY's Westchester and Orange Counties are being urged to consider their properties for this outstanding community venture designed to provide vocational and educational solutions for at-risk youth. The chosen donor will be immediately exempt from all costs and taxes while receiving a full market value deduction for the donated property.
"Donating a property for non-profit activities can actually be very profitable to the donor" said Victoria Krugolets, IFI-CIC Director General and Project Planning. "The donor will instantly save on property taxes, maintenance costs and income taxes, not to mention sale costs in form of legal fees, brokerage fees, estate taxes, inheritance taxes and capital gains taxes – all while retaining the market value of the donated property."
For more information on the IFI-CIC EcoTherapy Project please visit the International Friendship Inc. – Children in Crises website at: http://childrenincrises.org.
IFI-CIC is a non-profit grassroots organization established in 1996 to help disadvantaged children and communities, offering emergency assistance and humanitarian aid while focusing on improving the living standards & social perceptions of youth worldwide. IFI-CIC is also a pioneer in creating unique programs for at-risk children and youth, designed to allow for pervasive dissemination of knowledge and skills, to promote healthy lifestyles, to strengthen families and communities, and to inspire social harmony and contribution.