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Personal property can be a source of cash, often without selling it or cashing in items such as CDs (the bank accounts, not recordings).
Even giving property to charity can result in a financial gain because it can be used to reduce the amount of taxes you would otherwise have to pay Uncle Sam.
Each of the following subjects are discussed in detail in the documents listed in "To Learn More:"
- Certificates of Deposits or Other Term Bank Accounts
- Stocks and Bonds
- Other Personal Property
NOTE: If you do decide to sell personal property, think about which alternative is best for you and the item(s). We provide information about: garage sales, as well as selling by consignment , auction and on the internet.
If you own real property, such a house or an aparment, you can also obtain money from it without selling. To learn more, see: New Uses of Assets: Real Estate
To Learn More
More Information
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