Hi all
We have a residential propane tank beside our rural cabin. It was filled, at least partially, with fuel for inspection and testing when we bought the place about 7 years ago. We guesstimate the tank to be
150 or 200 gallon - the smaller horizontal cylinder style on "braces". We are checking our paperwork, but we believe we were charged for 100 gallons of propane during the fill/test.The existing propane heater, etc were in sad shape, and when we finally replaced them we opted for electric appliances instead. The propane lines were capped and the tank has sat unused since then.
We suspect we will never use it, and want to either sell it or donate it to a needy cause. If we donate it, we were hoping to get a receipt for tax purposes.
We are looking to determine what fair market value would be for a (call it) 200 gallon tank with an estimated 100 gallons of propane in it? Obviously I can guesstimate the value of the propane from local prices - but can I assume the propane would still be usable, or is being partially full a bad thing in this case? Maybe somebody has a similar tank and can remember what they paid for it initially, minus the fuel?
Tnx