This type of planned giving allows you to donate property today and to continue using it for the rest of your life. You receive a charitable tax receipt right away. You can donate land, buildings, artwork or other objects of value this way. The number of years you expect to retain an interest in the property and the current fair market value are considered when determining the value of your tax receipt. If the receipt exceeds 75% of your net income the year you make the donation, you can carry the excess tax credit forward for up to five years.