Updated almost 8 years ago on . Most recent reply
How are others calculating their charitable giving amounts?
I hold my investment properties within an LLC, which on paper, after all deductions, should take a loss each year (or close to it). I obviously can‘t give 10% of my profits.
I’m curious what formula/standards others are using to calculate their charitable giving amounts.
Thanks in advance for your input!
Most Popular Reply
You sound like a person of faith. The way we look at giving is on our net business income. If we showed a loss, we wouldn't give. Not sure if this gets at your question.



