Gifts of Real Estate

Consider a gift of real estate such as a personal residence, vacation home, farm, commercial property or undeveloped land. When you donate appreciated property, you have held longer than one year, you qualify for a federal income tax charitable deduction and you may be able to reduce or eliminate your capital gains tax.  You will no longer have to deal with the property’s maintenance cost, property taxes or insurance.

Ways to Give Real Estate 

• Make an outright gift of real estate to Children’s National. When you make a gift of real estate that you have held longer than a year you can qualify for a federal income tax charitable deduction. You can also avoid capital gains tax on the property’s appreciation.  
• Make a gift of real estate through a deferred charitable gift annuity. When you donate a home or land that is no longer in use you can use it to fund a charitable gift annuity. This kind of gift will provide you with payments for life while allowing for maximum impact after your lifetime.
• Make a gift through a retained life estate. When you make a gift through a retained life estate, you have the flexibility of living in your home through your lifetime. After your lifetime, Children’s National will receive the property and use your gift to continue to ensure children grow up stronger. 
• Make a gift in your will or trust. By leaving a gift of real estate to Children’s National in your will or trust, you can continue to support Children’s National long after your lifetime.

Tax ID:  52 -1640402

The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor to determine what is best for your personal circumstances.