Trying to sell a home, land, or other real estate can be challenging—especially during a down economy. Donating these assets to Denison could be a more lucrative solution.
With your gift of real estate and personal property, you help Denison immensely while also gaining numerous personal financial benefits. You have options to:
- Receive a charitable deduction for the full fair-market value of your donated real estate and avoid capital gain taxes on the appreciation.
- Irrevocably deed any personal residence or farm to Denison while using it during your and another person’s lifetime.
- Use real estate to fund a charitable remainder trust—a lifetime income gift.
Valuable property in your estate—like artwork, antiques, jewelry, rare books, coins, and stamps—are subject to estate taxes at their current market values. However, by donating valuables to Denison during your lifetime, you can receive a charitable deduction against your income taxes and avoid taxes in your estate.