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Gifts of Real Estate
(Complete gift description)
Gifts of real estate can frequently save you thousands of dollars in income, estate, and capital gains taxes, while providing a substantial benefit to In Touch.
We can accept gifts of residential, commercial or undeveloped real estate. You receive a charitable income tax deduction based on the fair market value of the property, with no capital gains liability on the transfer. You are freed from paying real estate taxes, liability insurance and maintenance costs on the property.
InTouch will use or sell the property to fulfill its mission.
Some gift planning options:
- Your gift of real estate can return lifetime income to you, or continue an income stream if you are donating commercial property. Learn more about creative, flexible charitable remainder unitrusts.
- You can give us a portion of your ownership of a piece of property. Deed us an Undivided Fractional Interest in a building that you may sell, or land that you may develop, and we can share in the benefits with you.
Important considerations
- We must review and approve the transfer before the gift of real estate
can be completed.
- We
will consider the property's marketability and environmental status.
- Among other issues, we will consider the property's marketability and environmental
status.
- You will have to secure an independent appraisal to establish the property's value for the charitable deduction.
For more information
Email us, complete the personal illustration form, or call us at 800-967-2200 so that we can assist you through every step of the process. Our services are a part of the ministry of In Touch and are without cost or obligation.
In Touch Foundation
3836 DeKalb Technology Parkway
Atlanta,GA 30340
800-967-2200 | Fax: 770-936-6396
Foundation@InTouch.org
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