From town homes to farmland, commercial buildings to vacation homes, many types of real estate assets can be donated to qualified charitable organizations like ours. You’ll be helping a good cause, enjoying tax benefits and potentially setting up a lifetime stream of income.
There are two major forms of property:
Real Estate
Donating marketable real estate such as a personal residence or vacation home, commercial property, or even vacant land, can be a creative way to make a significant gift to WFIU or WTIU and at the same time receive important tax benefits and even income. Learn more >>
The benefits may include:
- A charitable income tax deduction
- Avoidance of capital gain tax on the property’s appreciation at the time the gift is made
- Removal of the property from your estate potentially reduces estate taxes and probate costs
Personal Property
Everyone has tangible personal property of some value: works of art, antiques, jewelry, rare books, or other collections (such as coins or stamps, for example). To give such items, you must have held them for more than a year.
The information on this website is not intended as legal or tax advice. For legal or tax advice, please consult an attorney.