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Planned Giving Gifts of Real EstateGifts of Real Estate
Real Estate
LPB
A gift of your appreciated real property (such as your home, vacation property, vacant land, farmland, ranch or commercial property) can make a great gift to Friends of LPB.
Here are some of the benefits you may enjoy:
How you make a gift of real propertyYour real property may be gifted to Friends of LPB by executing or signing a deed transferring ownership. You may deed part or all of your real property to Friends of LPB. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal. Can you make a gift of mortgaged property?Please contact us if the property you wish to give has existing debt or a mortgage. Check with us on the capital gains tax implications of your gift. You also may be interested in life income options. |
