Making a Gift of Real Estate

The tax benefits available for gifts of highly appreciated real estate are virtually identical to those for gifts of securities that have gone up in value. First, you avoid capital gains tax on your profit. Second, you receive an income tax charitable deduction for the full fair market value of the property you contribute. If you would like to donate real estate to the Nexus Foundation, please consult with your lawyer, as well as the Nexus Foundation at 763-551-8656.