Systems and methods for item valuation and marketplace

Details Systems and methods for item valuation and marketplace Systems and methods for item valuation and marketplace

2011-06-28

2011-06-28

Garg, Yogesh C (Department: 3625)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Electronic shopping

C705S027100, C705S031000, C705S03600T, C705S037000

Reexamination Certificate

active

07970658

ABSTRACT:
In various embodiments, sellers and buyers may interact with a price determination application and/or electronic marketplace to buy/sell items for tax deductions to increase the tax deduction benefit for the sellers and buyers. For example, donating an item may have a tax benefit to a seller that is less than the tax benefit to a higher income bracket buyer. The electronic marketplace may facilitate a sale of the items to the buyer who may then donate the items for the tax benefit. In some embodiments, an item distribution service may sell items from multiple sellers to buyers according to a calculated price/distribution to increase the tax benefit to the sellers/buyers. In some embodiments, the items may not be delivered to the buyer by the seller, but may instead be routed to a charitable organization for donation in the buyer's name after ownership is transferred to the buyer.

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patent: 2005/0246265 (2005-11-01), McHale et al.
“Determining Worth of Donated Vehicle to Charity Presents Challenge,” by Rick Popely, Knight Ridder Tribune Business News, Washington: Mar. 21, 2002, p. 1.
“ItsDeductible FAQs,” Website, http://web.archive.org/web/20061222184649/http://www.jacksonhewitt.com/?ProductsItsDeductibleFAQs, Web Archive Dated Dec. 22, 2006.
“eBay Developers Program,” Website, http://web.archive.org/web/20070407011100/http://developer.ebay.com/programs/marketdata/, Web Archive Dated Apr. 7, 2007, article states “last modified Aug. 24, 2006.”

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