Planning Resources

Gifts of Real Estate

 


How It Works

  • You deed your home, vacation home, undeveloped property, or commercial building to the Catholic Community Foundation.
  • The 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 the Foundation.


Resources content provided by PlannedGiving.com