Gifts of Real Estate


How It Works

  • You deed your home, vacation home, undeveloped property, or commercial building to Santa Fe Community Foundation.
  • You may continue to use the property rent-free, and then ownership passes to us when you no longer need it.
  • Santa Fe Community Foundation may use the property or sell it and use the proceeds.

Benefits

  • You receive an income tax deduction for the fair market value of the real estate.
  • You pay no capital gains tax on the transfer.
  • You can direct the proceeds from your gift to a specific program at Santa Fe Community Foundation.


The material on this website is not offered as legal or tax advice. Please consult with your professional advisors prior to any gift.
Read full disclaimer|Sitemap|Planned Giving Content © 2019 PlannedGiving.com

.