Wednesday, March 14, 2018

Weighing the Pros and Cons Before You Donate a Sail Boat Wisconsin

Some people in Wisconsin own sail boats, but many boat owners will admit that they don't actually use them all that often. Once you come to that realization, you may start to wonder whether you should just give it to a donate a sail boat Wisconsin charity. After all, owning a boat but not using it means that you are just throwing your money away. On the other hand, there are pros and cons to making a donation and you have to be consider those carefully, too.

Cons of Giving to a Donate a Sail Boat Wisconsin Charity

  1. You will no longer have a sail boat to enjoy. Under Murphy's Law, the minute you get rid of your boat, an opportunity will arise in which you could have used it.
  2. You won't have cash in your hands in exchange for your boat.
  3. You will be able to make a tax deduction if you use a registered charity, but you won't know how much that will be until after the charity has sold it, and the reduction in your taxes could be much less than what you could have sold the boat for.
  4. You have to spend some time researching the different charities, which is quite confusing and time consuming.

Pros of Donating Your Sail Boat to Charity

  1. You will be doing something really good for the less fortunate.
  2. Charities like Rawhide are very experienced in making sure they raise as much money as possible from your donation, because that is what they need to run their services.
  3. You no longer have the expense of looking after a boat that doesn't get used often.
  4. You help the environment by recycling your boat.
  5. You don't have to go through the process of advertising, showing, and selling your boat, negotiating on the price and dealing with time wasters.
So should you donate your sail boat or not? Only you can answer that question because you have to weigh the pros and cons against each other and it is a personal decision to make. Whichever option you choose after careful deliberation, it will be the right choice for you.

No comments:

Post a Comment