Benefits to Donors
What's the benefits to donors?
There are many benefits for donors who make charitable gifts of real estate:
Introduction to Realty Gift Fund: Donate Real Estate to Charity
1
Tax Benefits
Gifts of appreciated real estate avoid capital gain taxes, and entitle you to a deduction against your taxable income, based on your property’s current appraised value.
2
Simplification
Gifts of complex assets allow you to retain liquid assets for your lifestyle, and simplify transfers of wealth to the next generational.
3
Family Philanthropy
Repurposing a property you no longer use by converting it to a charitable gift, can fund a “giving account” that grows tax free, and serves as the source of cash grants you and your family can make over generations.
4
Partial Cash Payments
A donation of real estate can be split into a cash portion for debt payoff or a donor’s personal needs, and a gift portion to support the donor’s favorite nonprofits.