Topic: Raffle Your Home
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Answers to Common Questions
How to Raffle Your Home or House
1 Commit to sell your house or home . 2 Consult with an attorney to verify state and local laws regarding charity raffles in your area . 3 Find a non-profit charity to sponsor your home raffle . Home raffles can only be done legally if spon... Read More »
Source: http://www.wikihow.com/Raffle-Your-Home-or-House
Where did Raffles build his home?
The character, A.J. Raffles, was from the 1899 novel by E.W. Hornung. The 1939 movie "Raffles" had David Niven in it. There were several plays with the name "Raffles, the Amateur Cracksman." The setting is Edwardian England. Read More »
Source: http://wiki.answers.com/Q/Where_did_Raffles_build_his_home
When raffling a home can you keep profit after donating to charit...
That would depend on many factors that you have not stated. You would do well to consult a tax lawyer or accountant familiar with the laws governing these matters. Read More »
Source: http://wiki.answers.com/Q/When_raffling_a_home_can_you_keep_profi...
More Common Questions
Answers to Other Common Questions
I don't watch Oprah, but you need to check the legalities of this in your area. You will definately need an attorney to assist you if you intend to raffle a house. If you list on an auction site such as ebay, you can put a reserve on the au...
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Source: http://answers.yahoo.com/question/index?qid=20080215081430AAdtm0Y
Hi Lougood! Great idea! You'll want a real estate attorney by your side in this one! You'll also want a real estate agent help you work out the details and, more importantly, promote the raffle! Feel free to pick my brain any time! Good...
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Source: http://www.zillow.com/advice-thread/How-do-you-raffle-off-a-home/...
Just because your state has a lottery does not mean you can have a raffle without a license and usually without being a non-profit organization. You need to contact a real estate attorney in your state. I do not know of any states that allo...
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Source: http://answers.yahoo.com/question/index?qid=20090210085054AAFjc3o
neither -- the ordinary appraised value of the home is what you received and what the 1099C should show. This is the value you received. of course, you can fight this. the easiest way to do so is to immediately sell the home -- then only th...
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Source: http://answers.yahoo.com/question/index?qid=20081012104749AA96Tzs
A quick check of a website that covers gambling laws in the U.S. says that raffles are only permitted in Maryland if they are conducted by a charitable organization, but they would have to own the home to raffle it off. And you can't buy mo...
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Source: http://www.zillow.com/advice-thread/How-can-I-find-out-if-it-is-l...
bad idea - little kids should not be going door to door any place -- this is 2007 - not 1950! tell the school thanks - you'll support their projects with a SMALL donation (at least the projects your kid is involved in!) and be done. ther ar...
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Source: http://uk.answers.yahoo.com/question/index?qid=20071204080504AAO3...
Somewhere around $80,000 for federal income taxes, plus about $18,000 state tax to Louisiana.
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Source: http://answers.yahoo.com/question/index?qid=20070626184249AA7iZua
