Real Estate—Outright Gift

Outright Gift of Real Estate Diagram. Description of image is listed below.

How It Works

  1. Transfer title of property to McDonogh
  2. Receive income-tax deduction for fair-market value of property
  3. McDonogh 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 McDonogh

More Information

Contact Us

Beth Sauer Hopkins '02
Director of Planned Giving
bhopkins@mcdonogh.org
443.544.7057

 

McDonogh School
Office of Philanthropy
8600 McDonogh Road
Owings Mills, MD 21117
Federal Tax ID Number: 52-6001577

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