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Tax, SDIRAs & Cost Segregation

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31
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Mark Lucido
Pro Member
  • Investor
  • The Colony, TX
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31
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Charitable donations: Personally or from LLC?

Mark Lucido
Pro Member
  • Investor
  • The Colony, TX
Posted Mar 27 2017, 10:59

I'm curious how other investors are making their charitable donations, particularly if they own an LLC. I'm considering making my donations from my LLCs and in my particular instance, my LLC Partnership income flows through straight to my personal taxes. If I make the donations from the LLC then there might be a small benefit of reducing my overall LLC income by the donation amount. If I make the donation personally, I'm already in such a high tax bracket that I'm not sure how much I can benefit from it. What are others doing?

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