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Finding Value in the Midst of Clutter

As human beings, we often find ourselves sifting through years of collected treasures. Many of us place these treasures in closets, basements, crawl spaces, random cabinets and even storage sheds as a way of creating order and organization without having to fully let go. As you take the time to sift through your own idle treasures, keep the following in mind as you consider the possibilities of what to keep, donate and sell.

1. What to keep

   1. This is something only you can determine, but the easiest thing to remember if an items been sitting for more than 6 months without any use, then you most likely won’t miss it in the end.

2. What to Sell

   1. One man’s trash is another man’s treasure

      1. This is only true if you have the ability to find that man and for some assets that ability can be greatly hindered with time.

         1. In the medical, dental, veterinary, and industrial equipment industry assets depreciate at a rapid rate, if you wait too long to make a sale then you may be left with only the cost to take it to the local dump.

      2. Value can be found in almost anything, our clients are often surprised at what we are able to sell. It’s always in your best interest to routinely look at what might be sitting in your closet, basement or storage facility.

3. What to donate

   1. This question is often best answered by the needs of the local organizations you might donate to. With today’s economy, many businesses are having to greatly reduce their routine donations of equipment and instead sell the equipment in an effort to return that value back into the system.

   2. Consumable goods are often high in value, but difficult to resell for this reason its many times better to donate them to a local organization that may benefit from the donation and take advantage of that value in the form of a tax write-off.