Are you planning to sell your house? Do you have an abundance of furniture that is cluttering your property?
Ask any real estate professional and they will likely tell you that a cluttered property is harder to sell.
When your property starts to look like a collector’s home, it’s a challenge for a buyer to imagine living in the house.
The perfect solution when you no longer need furniture is to donate it to charities.
When you donate furniture, not only will it make your home feel more spacious, but it will also help someone in need.
Whether you’re considering donating your furniture to a local or international charity, these tips will help you make the best decision for your furniture and your charity.
Decide whether to transport your furniture or remove it
One of the first steps when donating furniture is deciding to deliver it to a donation center or have the charity pick it up at your home.
Since Covid-19 started, there are fewer charities that will come to your house. It will be worth making a few phone calls before making a decision. You can start with an online survey with free furniture removal.
You should have a good idea of who will be coming to your house.
If you decide to take the furniture to a donation center, you will need to find out about some of the organizations nearby.
One of the best ways to do this is with a Google search for donate furniture near me or furniture donations near me. You should get some useful results. Some of the more well-known charitable organizations include the following:
- Good will
- Salvation Army
- donation city
- furniture benches
- Habitat for Humanity
Each of these companies has a stellar reputation for receiving all types of donations, including furniture.
Prepare your furniture for donation
As well as making your home look its best, it makes sense to do the same with your furniture. The charitable organization you choose to work with will want the items to be in good condition.
If your items do not meet the organization’s cleanliness standards, they may be refused or returned. A simple cleaning is usually all it takes to get your donations accepted.
Consider how items will be transported or collected.
Some donation centers have rules you must follow about how your donations are grouped, such as moving boxes or plastic bags for parts.
It is advisable to check with the organization before making any decisions. When taking items to a donation company, be sure to secure the items with blankets and straps so that nothing is damaged.
It might make sense to rent a truck from Home Depot for an hour so you have the items you need for a smooth move.
Calculate the value for tax purposes
Did you know that donating furniture to a charity is usually tax deductible? So it is!
For tax purposes, donations to organizations classified as 501(c)(3)s are tax deductible, but donations to other organizations may also be.
If you’re not sure whether an organization’s donations are tax deductible, check the website. If you can’t find your answer online or if you need more information, call the organization.
To report your itemized deductions, you need to keep track of your donation receipts. This includes any cash donations you’ve made.
Typically, the charity will ask if you want a receipt, but if they don’t ask for one.
The receipts will be your proof to the IRS that the donations you claim are genuine. Finally, make sure you have a decent understanding of what the items are worth. It is essential not to overdo it when filling out your tax return.
Donating furniture when selling a home is a great alternative to a junk removal company. You will be putting a smile on the face of a less fortunate family.
Bill Gasset is a nationally recognized real estate leader who has been helping people buy and sell real estate in MetroWest Massachusetts for the past 35 years. Bill is the owner and founder of Maximum Real Estate Exposure. For the past decade, he has been one of New England’s premier RE/MAX REALTORS®.