Gifts of Real Estate
Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch, or commercial property can make a great gift to the University of Mary.
Benefits of Gifts of Real Estate
- Avoid paying capital gains tax on the sale of the real estate
- Receive a charitable income tax deduction based on the value of the gift
- Leave a lasting legacy to the University of Mary
How to Make a Gift of Real Estate
Your real property may be given to the University of Mary by executing or signing a deed transferring ownership. You may deed part or all of your real property to the University of Mary. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal.
If you have any questions about gifts of real estate, please contact us. We would be happy to assist you and answer any questions that you have.
Please contact us if you would like additional information, or let us know if you've included the University of Mary in your will or estate plan.