http://tech.lds.org/wiki/Donations_in_kind
On Oct 14, 2016 9:18 AM, <ch...@wbmfg.com> wrote: > When asked the answer comes back as NO. They say sell, convert to dollars > and give them the dollars. > > *From:* Travis Johnson > *Sent:* Friday, October 14, 2016 8:23 AM > *To:* af@afmug.com > *Subject:* Re: [AFMUG] OT: AAPL > > That's not correct Chuck... I know many wealthy LDS people that donate > stock for tithing. They will only accept the "larger" stocks, such as > Apple, Google, Amazon, GM, Ford, etc... but they do take it, and lots of > people use that option. > > Travis > > > On 10/13/2016 6:21 PM, Chuck McCown wrote: > > My church only takes dollars... > > > > > *From:* Af [mailto:af-boun...@afmug.com] *On Behalf Of *Lewis Bergman > *Sent:* Thursday, October 13, 2016 9:49 AM > *To:* af@afmug.com > *Subject:* Re: [AFMUG] OT: AAPL > > > > I use this tax strategy years ago and it enabled me to donate more money > and pay less tax. > > > > On Wed, Oct 12, 2016, 3:45 PM Jon Langeler <jon-ispli...@michwave.net> > wrote: > > Thanks for the tips! AAPL may be a good buy right now but not a steal > > Jon Langeler > Michwave Technologies, Inc. > > > > On Oct 12, 2016, at 12:07 PM, Travis Johnson <t...@ida.net> wrote: > > > > I'm all in on AAPL at $114 (a few weeks ago). Keep blowing up those > phones Samsung... LOL > > > > This is a longer term investment... making 2% dividends is better than > most bank CD's or savings accounts, and Apple has made a 16% annual return > over the last 5 years. Even if their stock just holds (which it won't now > because of the Samsung thing, etc), it's making 2% and it's still "liquid" > according to the banks, which helps on personal financial statements. > > > > AND, the new hip thing to do is donating stock to your church as a > charitable donation. You don't have to pay the tax on the increase if you > sold it first, you just transfer it at the current value. Amazing the tax > tricks these church going people come up with... LOL > > > > Travis > > > > >
