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Gifts of Real Estate

Gift of Real Estate Diagram
Cedar Crest College

How It Works

  • You deed your home, your vacation home, undeveloped property, or a commercial building to Cedar Crest College.
  • Cedar Crest may use the property for its own purposes or will 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 Cedar Crest.

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