I donated my kitchen cabinets and countertops before having new ones installed - how do I figure out the value?
The man who took the old ones out said the general rule is 30% of the replacement cost. 30% of the cost of the new ones comes to just under $5000. Seems high - Does this sound like the right way to figure out the value of the donation? TT asked me for the "purchase price" (of the donated items) but I don't know that - they came with the house. Should I put in the purchase price of the new ones? Should I use "Replacement cost-new" as my method of determining the value?