Covenant Hospice has earned The Joint Commission’s Gold Seal of Approval™.

 

Administrative Office
5041 N. 12th Avenue
Pensacola, FL 32504
(850) 433-2155

 
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Charitable Bargain Sale

Bargain Sale Diagram
Covenant Hospice

How It Works

  • You sell your residence or other property to Covenant Hospice for a price below the appraised market value — a transaction that is part charitable gift and part sale.
  • Covenant may use the property, but usually elects to sell it and use the proceeds of the sale for the gift purposes you specified.

Benefits

  • You receive an immediate income tax deduction for the discount you took from the appraised market value of your property.
  • You pay no capital gains tax on the donated portion of the property.
  • You can receive payment from us in a lump sum, or in fixed installments.

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