Do you have a house or other structure that you need removed?
Don’t Demolish… Deconstruct, Donate, and Deduct!
Flood victims donate salvaged items through deconstruction program
DECONSTRUCTION APPRAISAL SPECIALISTS
What is deconstruction and how does it differ from typical demolition?
Deconstruction is the process of carefully dismantling a building to salvage its components for reuse and recycling. Whereas traditional demolition is highly mechanized, capital intensive, and waste-generating; deconstruction is labor intensive, low-tech, and environmentally sound. Deconstruction transforms a quick-and-dirty chore into an undertaking that supports community development with environmental, economic, and social benefits.
These benefits include:
- Re-using highly demanded vintage and thrift building materials for use in remodeling projects as well as new construction; certain building materials possess strong market appeal and value.
- Reducing pollution, greenhouse gas emissions, and the need for landfilling and incineration by diverting these materials from the waste stream; an estimated 30 percent of the waste in our landfills comes from construction and demolition, so reducing such waste increases the lifespan of our landfill.
- Conserving energy and natural resources; the repurposing of these materials means the natural resources, labor hours and energy (i.e. electricity) invested in their creation are also salvaged from landfills.
- Creating job training, employment opportunities, and small business development.
- Providing inventory for building materials stores and value-added manufacturing enterprises.
- Retaining the historical significance of buildings.
Three key benefits of donation:
- Economic: your donation is eligible for tax benefits based on the fair market value of the materials.
- Environment: your donation will have a direct and noticeable impact in your local community because the donated material will remain outside the waste stream, thereby extending the lifespan of local landfills.
- Philanthropic: your donation will help provide local support for charitable organizations such as Habitat for Humanity and many others.
The process of qualifying for the tax benefits of deconstruction:
- You can choose to give the donation to any qualified 501(c)3 charity. The IRS maintains a list of eligible charities on its website: www.irs.gov.
- For any donation over $5,000, the IRS requires an appraisal.
- A deconstruction firm that can dismantle the structure must be retained. Most non-profit firms either complete the deconstruction themselves or maintain a list of qualified firms.
- Once the deconstruction is complete, you will receive the appraisal and the signed 8283 form to be forwarded to your tax accountant for inclusion in your tax return.