Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Brian Drab
  • Owensboro, KY
0
Votes |
2
Posts

How are others calculating their charitable giving amounts?

Brian Drab
  • Owensboro, KY
Posted

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

User Stats

352
Posts
242
Votes
Bob Langworthy
  • Accountant
  • Brunswick, ME
242
Votes |
352
Posts
Bob Langworthy
  • Accountant
  • Brunswick, ME
Replied

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.

  • Bob Langworthy
  • Loading replies...