Real Estate—Outright Gift

How It Works

1. Transfer title of property to The Community House Foundation
2. Receive income-tax deduction for fair-market value of property
3. The Community House Foundation may use or sell the property

Benefits

• Income-tax deduction for fair-market value of property based on qualified appraisal
• Avoid capital-gain tax on appreciation in value of the real estate
• Relieved of details of selling property
• Significant gift to The Community House Foundation

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