Gifts of Real Estate: FAQs
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- More details about gifts of real estate.
- Contact us so we can assist you through every step.
Here are some questions we will need to answer to determine if your property will be helpful to us:
What are the tax benefits of donating real estate?Layer Closed
You will receive an income tax deduction equal to the appraised fair market value of the property. An independent qualified appraisal is required for this purpose and it is up to the donor to acquire such an appraisal. Donating your property may also reduce your estate costs and taxes as well.
You can plan a gift that will not affect your cash flow.
Take advantage of appreciated securities, avoid tax.
Make a significant gift, no matter the size of your estate.
Donate double-taxed assets and leave more to family.
Donate a valuable asset, receive powerful tax benefits.
Donate personal property, receive signifcant tax benefits.
Make a gift from your DAF, or name us a beneficiary.
Planning your estate and legacy for future generations, including your charitable interests, takes careful evaluation. Consulting with the appropriate professionals can assist you.
The gift planning information presented on this Planned Giving website of Newark Academy is not offered as legal or tax advice.
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