The concept of “Related Use” continues to present an area of confusion, especially for nonprofits and relates directly to Tax Form 8282. Related-use is the stipulation that a nonprofit must utilize donations to further their defined mission.
For non-cash charitable contributions exceeding $5,000, the IRS requires completion of Form 8283 Section B by the taxpayer and certification by a qualified appraiser. Box F of this section specifically requires the donor to provide the original cost or adjusted basis of the donated property. This entry allows the IRS to evaluate whether the claimed charitable deduction is reasonable in comparison to the donor’s original investment.
This past weekend, our team completed comprehensive inspections of five promising deconstruction projects across New York City, spanning Queens, Manhattan, and the Bronx. These site visits represent a significant expansion of our sustainable building material recovery services into one of the nation’s most architecturally rich markets.
The transformation of construction and demolition waste streams into viable secondary material markets represents one of the most significant yet underachieved opportunities in sustainable development. Despite compelling environmental imperatives and theoretical frameworks supporting circular economy principles, the secondary market for building materials and decommissioned corporate property (furniture, fixtures, appliances, and related assets) continues to operate at only a fraction of its potential capacity.
The global green building materials market is on pace to nearly double, from $332.1 billion in 2024 to $708.9 billion by 2030. This represents a significant 14% compound annual growth rate (CAGR), placing it among the fastest-growing sectors within construction and real estate. The CAGR itself tells a powerful story: it indicates not just linear expansion, but a compounding acceleration of market demand year over year. At this pace, the sector is projected to add nearly $377 billion in new market value in just six years.
For corporations, donating property to charity can be more than an act of goodwill, it can also generate meaningful tax savings. Yet not all property is treated the same under the Internal Revenue Code. Some assets qualify for a deduction at their full fair market value (FMV), while others are limited to the company’s basis. Knowing these rules is critical for tax planning, compliance, and maximizing the benefit of charitable giving.
The housing market in the United States is navigating a difficult landscape. Existing home sales in June 2025 sank to their lowest level in nine months, declining by 2.7 percent to an annualized rate of 3.93 million units.
Antique barns remain one of the richest sources of high-quality reclaimed softwood and hardwood in North America.
The Federal Historic Tax Credit (HTC) remains at 20 percent, applied to the eligible rehabilitation costs of income-producing historic properties. This incentive is critical for the rehabilitation of income-generating portions of qualified properties such as historic theaters.
Since the inception of The Green Mission Inc., Probity Appraisal and recently GM-ESG, I have had the privilege of working alongside an exceptional colleague and friend, Jennie Lumpkin. From the very beginning, Jennie has been an integral part of our organization’s growth and success, shaping our approach to client service, operational excellence, and industry leadership.