New York University Skip to Content Skip to Search Skip to Navigation Skip to Sub Navigation
Increase Font Size Decrease Font Size Print Page Contact New York University

Charitable Bargain Sale

Bargain Sale Diagram

How It Works

  • You sell your residence or other property to New York University for a price below the appraised market value—a transaction that is part charitable gift and part sale.
  • NYU 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.


The material presented on this Planned Giving website is not offered as legal or tax advice.
Read full disclaimer|Sitemap|Planned Giving Content © 2017 VirtualGiving.com

NYU Footer

Unless otherwise noted, all content copyright New York University. All rights reserved.
Designed by The Office of Web Communications