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Donating old clothes and furniture vs Selling
Posted on 4/25/13 at 7:38 am
Posted on 4/25/13 at 7:38 am
I am moving into a new house and I am not bringing any of my old furniture and I am getting rid of a lot of clothes. I know you can donate it and get a paper from them showing you donated it and get a deduction at the end of the year. Would that be more beneficial than just trying to sell the furniture on craigs list?
Posted on 4/25/13 at 7:39 am to tdavi48
That would be your decision. I believe the max you can deduct for donations or this sort is only $350 per year, or at least that is what I was told. I just go this route each year with clothes, etc..
Posted on 4/25/13 at 10:59 am to tdavi48
Obviously you'll get more $$ on craigslist but what a hassle. Last time I moved apartments I tried selling stuff and I made two sales (theoretically), both to college students. One dude I think got cold feet about spending $200 and flaked on me. He bitched that he called in the middle of the day and I didn't answer. I was napping, dammit. To be fair he was probably 18 and that seems like a lot of money to a kid that age.
The other supposed sale was to this law student who was shockingly . So she gives me $50 for this heavy chair, and I have to drag it into her car for her. Then two days later she claimed she found "insect damage" in the chair and told me she wanted her money back. So I had to drive down to her house and pay her back, and again drag this heavy arse chair our of her house and into the dumpster.
The other supposed sale was to this law student who was shockingly . So she gives me $50 for this heavy chair, and I have to drag it into her car for her. Then two days later she claimed she found "insect damage" in the chair and told me she wanted her money back. So I had to drive down to her house and pay her back, and again drag this heavy arse chair our of her house and into the dumpster.
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