You May Need to Get Your Donated RV Appraised

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Donate an RV and other Car Donation topics.

Do I need to have my RV appraised before donating it?

You May Need to Get Your Donated RV Appraised

If you plan to donate an RV to charity -- and your RV is worth more than $5,000 -- you may need to get a written appraisal.
The appraisal has to be done less than two months before you make the RV donation, and you need to have a copy of the RV appraisal when claiming a deduction for the RV donation.
If the charity resells your RV for less than $5,000, you do not need the appraisal and cannot list that value on your taxes.
You will be required instead to list the gross proceeds from the sale as the value of your deduction.



Nobody has commented on this tip yet. Be the first.


URL: (optional)


Not finding the advice and tips you need on this Car Donation Tip Site? Request a Tip Now!

Guru Spotlight
Joe Wallace