I’ve had a similar scam explained to me by someone who said they do it for their own tax obligations (on a much smaller scale). I have no clue why non-liquid d

I’ve had a similar scam explained to me by someone who said they do it for their own tax obligations (on a much smaller scale). I have no clue why non-liquid donations are allowed. Stock with a clear market value (publicly traded) seems fine, but everything else should require an arm’s length transaction to liquidate the asset. (And maybe you would be able to 1) book the donation in the year you initiate the sale to account for assets that take a long time to sell, and 2) still have gains exempt provided all proceeds are going towards a donation.)