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donation of real estate

Howell

How do I handle the donation of a rental property to a charitable remainder unitrust in Quicken Real Property Manager 2015?

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NotACPA

Assuming that you have an account, in Q, for the real estate, just mark it up (within the account) to the value of the donation and then transfer the total value out to a charitable expense category.

Since you're no longer the owner of the real estate (the unitrust owns it), set up an additional Q data file if you have some need to track the unitrust.

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