And what about the recipient of your donation? If you think books have no resale value – think again. Thanks to online resale marketplaces such as Amazon, Barnes and Noble, Ebay, and many other websites, anyone can list any book for sale and profit. The opportunity to make money off of gently used paperbacks and hardbacks has been drawing sellers for years – and charities have wisely joined the bandwagon.
Want to know how to maximize the effect of your book donation? Follow the steps on the list and before you know it, you’ll be enjoying a nice tax deduction as well as helping local charities earn money from the online resale value of your book.
Just a little note about this post: if you own really valuable or rare books and want to donate them to a museum or a college – this article is not for you. We’re only talking about common books here, not rare editions that are very expensive and require an appraisal.