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If a donor gives personal property to a charity that sells it...
Nonprofit and Church Legal Trends - Free Edition - May June 2008 (free edition)
If a donor gives personal property to a charity that sells it and does not use the property in its charitable program, is the deduction based on the lesser of the donor’s cost basis of the property or its fair market value?
If the property is sold in a broad auction such as eBay or on the open market to a willing buyer, the sale price may be probative of the fair market value.
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