Gifts of Real Estate
The gifts of real estate whether it's a house,
vacation home, office building or plot of land, your property
may be a very important gift for you and the Isaacs Center.
A real estate gift can provide you with a combination
of advantages and tax savings. Some of the benefits of a real
estate gift that is accepted by the Isaacs Center include:
- An immediate charitable income tax deduction in the year
you make the gift.
-
Avoiding capital gains taxes at the time of the transfer.
- The opportunity to live in your home or use the property
for the rest of your life.
- Knowing that the property will
be excluded from any estate and inheritance taxes.
Because each property and gift plan is unique,
any real estate gift will require careful consideration by
your legal and tax advisors and by our advisors, as well.