Real Estate—Outright Gift

Outright Gift of Real Estate Diagram

How It Works

  1. Transfer title of property to Adelphi
  2. Receive income-tax deduction for fair-market value of property
  3. Adelphi may use or sell the property

Benefits

  • Income-tax deduction for fair-market value of property based on qualified appraisal
  • Avoid capital-gain tax on appreciation in value of the real estate
  • Relieved of details of selling property
  • Significant gift to Adelphi

More Information

Contact Us

Amy Harrison
Phone: 516.877.3751
Email: harrison@adelphi.edu

 

1 South Avenue
P.O. Box 701
Garden City, NY 11530-0701

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Amy Harrison
Executive Director of Gift Planning
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