Your HOA statements
Monthly dues and any special assessments billed, with their schedule.
Donate your Millennium Tower condo at 301 Mission Street, San Francisco
Millennium Tower condo specialists: (888) 228-7320
Donate Your Millennium Tower Condo in San Francisco
Owners at the Millennium Tower, 301 Mission Street, know the story: the tower has sunk and tilted since it opened in 2009, years of litigation followed, and a foundation retrofit has kept the building in the news. Units have been hard to sell for what owners believe they are worth, while HOA dues, special assessments and San Francisco property taxes keep coming. Donating your Millennium Tower condo to Real Estate with Causes is a way out that does not depend on a distressed-market buyer.
Tell us about your Millennium Tower unit
Every property gets a look. Name, phone and email are the only required fields.
Fully IRS Compliant
We Handle the Paperwork
Form 8283 Done Right
501(c)(3) Recognized Charity
Why owners consider donating instead of selling
A building with a well-publicized structural history narrows the buyer pool. Many lenders are cautious about financing units in buildings with defect history, which leaves cash buyers who price in every risk. Owners who need out are often looking at offers well below what the unit cost.
A donation skips the buyer entirely. Your deduction is based on a qualified, independent appraisal of the unit’s fair market value in its current condition, not on a lowball offer, and the carrying costs stop the day the deed records.
What the appraisal will reflect
An honest appraisal accounts for the building’s history, pending assessments and the limited buyer pool. It will not ignore them, and it should not.
HOA dues, assessments and the transfer
From the recording date, HOA dues, future special assessment installments, insurance and San Francisco property taxes on the unit are ours. Amounts already due before the transfer remain the owner’s, so the timing of assessment installments matters and we plan around it with you.
We prepare and record the deed and handle the homeowners association’s transfer requirements. There is no escrow, no closing and no agent commission. The qualified appraisal is your expense and your choice of appraiser. For a unit held more than a year, the deduction is generally its appraised fair market value, limited to 30% of AGI with a five-year carryforward.
What to have ready when you call
The association’s documents answer most questions.
Association disclosures
Recent resale certificate, board notices and anything about the retrofit or litigation.
Any loan on the unit
Lender and balance. A mortgage makes the gift a bargain sale.
Millennium Tower condo donation questions, answered
Can I donate a Millennium Tower condo? +
Yes, for review. Tell us the unit, the HOA dues and any assessments. We will review it and give you a straight answer on the phone.
How is my deduction valued? +
By a qualified, independent appraiser you choose, based on the unit’s fair market value in its current condition, including the building’s history and pending assessments. We cannot promise a figure, and no charity should.
Who pays special assessments after the donation? +
Installments that come due after the deed records are ours. Amounts already due are the owner’s. Tell us the schedule and we will plan the timing with you.
What about any settlement or litigation proceeds tied to my unit? +
It depends on how the claims were structured and whether rights belong to the association or to owners. Tell us what you have received or been told, and the gift documents will say what transfers.
My unit has a mortgage. Can I still donate it? +
A mortgage does not automatically rule a gift out, but it makes it a bargain sale, with gain to you on the debt portion. Whether it works comes down to the balance, the equity and the lender.
We do not provide tax or legal advice. See IRS Publication 526, Publication 561 and the Form 8283 instructions, and consult your own advisor.
Related guides
Tell us about your unit and we will review it
Send the unit, your HOA dues and any assessments billed, and we will tell you plainly what a donation would look like.