The purpose of this blog is to provide the author, Jay Moreno, with an outlet to comment upon items of socio-political and socio-economic import in Camden County, Georgia and to generally satisfy a daily compulsion to write.
HISTORIC WATERFRONT, ST. MARYS, GA.
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Monday, May 4, 2009
Camden M.D. leases his fully equipped office to indigent care program for $1.00 per year!
It may also be a way to reap quite a nice tax benefit. If that office would usually lease for (making numbers up here) 10 thousand per month, that's a 120k per year loss/charitible donation he can take against his new salary.
That of course, assumes that there is a Physician wanting to lease the office. This may also be a way to receive a benefit while waiting on a paying tenant. And to make myself clear, I applaud the 1 dollar lease.
Please keep it clean and reasonably civil. "Public figures" are fair game, consistent with the "actual malice" exception. I suggest you Google both terms before you go off half-cocked.
seems to be a doctor that cares for people, just need more like him.
ReplyDeleteIt may also be a way to reap quite a nice tax benefit. If that office would usually lease for (making numbers up here) 10 thousand per month, that's a 120k per year loss/charitible donation he can take against his new salary.
ReplyDeleteTrue, but still not nearly as profitable (net) as leasing it to another M.D. Let's not let his financial sophistication diminish his altruism.
ReplyDeleteThanks Jay
ReplyDeleteDe nada.
ReplyDeleteThat of course, assumes that there is a Physician wanting to lease the office. This may also be a way to receive a benefit while waiting on a paying tenant. And to make myself clear, I applaud the 1 dollar lease.
ReplyDelete