About gifts of real estate
Making a gift of real estate to charity may be an appealing option if you own property with appreciated value, as it helps avoid capital gains tax liabilities.
Additionally, you can benefit if you are seeking to simplify estate planning, reduce estate tax liability, and relieve yourself from ownership expenses and maintenance burdens.
Benefits
- Eliminate ownership and maintenance expenses.
- Make a significant charitable gift in support of children we serve.
How it works
- Contact us to let us know about your interest in donating real estate.
- Obtain an appraisal of the property to determine its fair market value. This will help you determine the amount of your charitable deduction for tax purposes.
- Work with us and your attorney to transfer the property ownership. This may involve executing a deed, transferring title, and completing any necessary legal or regulatory requirements.
- Claim your charitable deduction on your tax return for the year in which the donation is made, while avoiding income tax on any appreciation in value.
There may be some restrictions on the types of property we can accept, so please contact us before you donate.
Add the gift of real estate to your legacy
Donate real estate in your will or trust or through a Transfer on Death (TOD) Deed to ensure it is used for a charitable purpose and not subject to potential disputes or mismanagement in the future.
Learn more about gifts of real estate
Consult with a qualified estate planning attorney and a financial advisor to determine if this option is right for you.
We’re here to help you meet your goals!
Our team would be happy to speak with you in confidence about your giving goals, with no obligation.
Name: Casey Schroder
Title :Director of Donor Relations & Gift Planning
Phone: 321-558-4034
Email: casey.schroder@chsfl.org
Already included us in your estate plan? Let us know, so we can understand how you want your gift to support children.
More ways to make an impact
Gifts in a will or trust
Donations in your will or trust are (by far) the most popular type of gift plan. Learn more, or get help starting your will (for free!).
Beneficiary designations
Gifting investments and financial accounts not covered by your will — like 401(k) or IRA accounts — may help your loved ones avoid unwanted taxes, even if you’re below the estate tax threshold.
Gifts that pay you back
Give investments, retirement accounts or property while providing yourself or others with income for a period of time or distributions at a later date.