Frequently Asked Questions: Leveraged Charitable Deduction (LCD)

Frequently Asked Questions: Leveraged Charitable Deduction (LCD)


The following frequently asked questions are designed to assist Wilson Hand's Strategic Partners with communicating with their clients regarding the 2022 and 2023 LCD programs. 


  1. 1. When are we getting the K-1s for 2022 investments?  In early March, Freehold informed us that it needed 60-90 days to finalize and provide the documents to us. As of now, we estimate that these documents will be received by Wilson Hand by June 15. Wilson Hand will forward the documents to you immediately upon receipt.  

 

  1. 2. When are we getting the K-1s for 2023 investments? In early March, Freehold informed us that it needed 60-90 days to finalize and provide the documents to us. As of now, we estimate that these documents will be received by Wilson Hand by June 15. Wilson Hand will forward the documents to you immediately upon receipt. 

 

  1. 3. Will Wilson Hand provide the appraisal and all required documents? Freehold will provide Wilson Hand with all of the documents you need to claim this deduction, including the K-1, asset appraisal, and the 8283. Wilson Hand will, in turn, provide those documents to you.