If you own a 3bed 2bath 1524sqft home built in 1964 and it burns to the ground in a community with mostly renters and the average sales price is lower than the median sales price for the greater area the highest and best use may be to donate the land to a local charity and reinvest your insurance claim funds in another property because the cost to build new construction does not make sense in these areas based on comparable sales.

https://www.irs.gov/charities-non-profits/unrelated-business-income-tax https://www.irs.gov/irm/part7/irm_07-027-008UBITUnrelated business income tax applies to IRAs and solo 401(k) plans that invest by way of equity in a business that offers goods or services.

Aloha,Decide if you are running a charity or a business, and operate as such.

Remember, you are a business, not a self funded charity  social worker.

If you are wealthy and want to give to charity, I know some much better options.Same with the unpaid rent.

I am not a church preacher or non-profit charity, I am in the business to make money and to acquire properties at the price point that would make sense to either buy/hold/resell them or assign to other potential buyers/investors.

It's a business, not a charity, right? 

I'd also be willing to throw some cash into any charity you choose.I have been trying to pick a lane for the last 6 months and keep going into analysis paralysis.

Deductibility depends on the type of charity and is also subject to a percentage of the taxpayer’s adjusted gross income.

It could get crowded pretty quickly.Eviction is pretty much if you haven't paid by a certain date and time, then your stuff is donated to charity.