martinville6
Returning Member

501c3 deduction

Our primary residence is Nevada, but we have a second home in Colorado.  We let a non-profit 501c3 use the property while we snowbird in Nevada.  They have given us a letter stating that they feel that the value to them of us letting them use the house is worth $20,000 for the seven months.

Is that $20K a deduction on our tax return?