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I appreciate the thoughts and the link. I was also thinking the title should be transferred before the sale is completed. I'm assuming that should be via a liquidating distribution, since the partnership essentially ceases to exist once the building is transferred. Glad to get that confirmation.

Well, here are some things about Susan Maudlin that were scrubbed from her LinkedIn profile that she or the company tried to scrub from the record. Yay(!) for screenshots. Youtube videos were also taken down, but the Zero Hedge blog page linked below has a link to the transcript of one interview that is worth reading for her thoughts on security and the use of the cloud. Then there are her comments that are quoted of her thoughts on recruiting security personnel. http://www.zerohedge.com/news/2017-09-15/another-equifax-coverup-did-company-scrub-its-chief-security-officer-was-music-major

I read some comments about the music major news on Marketwatch and the Wall St Journal. Many people chimed in that music majors are adept at IT because the skills required for things like tone sequencing and sound wave lengths translate easily to IT. Several commented that they work in IT and some of their most adept coworkers have music degrees. Go figure. The person at Equifax was actually the head of security, so her job was to manage the department staffed hopefully with security experts, but one would like to think she knew something about security in addition to management. Rumors are that encryption was not in use and that a security patch was not applied. Apparently that was a platform patch so wasn't as easy as downloading. I'm not making excuses for them, and I am shocked out of my mind that there was no encryption. WHAT? You have sensitive financial data on much of the population and didn't want to pay a token amount for encryption software? That's how Blue Cross got hacked--weren't you paying attention? I read today that Equifax didn't have much insurance. Coupled with their assets on hand, there's only enough for each of us to get less than $10, before attorney fees. Some states have laws that they have to pay upwards of $200 per incident, but there is simply not enough to do that. All the executives and the entire board should have to return all the millions they were paid over the years to go into the injury pot. Anyone have any news on how imposing credit freezes is going at all three major credit bureaus? I keep reading about the system overloads and don't want to waste my time if it won't work. By the way, there's a forth one, Innovis, where we should all put a freeze at as well.

and my favorite comment, don't forget to allocate part of the step up to land!!!

If the organization wishes to become a tax exempt, then I suggest as BHoffman states apply for a 501(c)(7) status by filing Form 1024 and submit the appropriate application fee - Form 8918. However, donations to non 501(c)(3) entities (charities) don't qualify as charitable donations to donors.