Real Estate—Bargain Sale

Bargain Sale of Real Estate Diagram

How It Works

  1. You sell property to Adelphi for less than its fair-market value—usually what you paid for it
  2. Adelphi pays you cash for agreed sale price, and you receive an income-tax deduction
  3. Adelphi may use or sell the property

Benefits

  • You receive cash from sale of property (sale price is often the original cost basis)
  • You receive a federal income-tax deduction for the difference between the sale price and the fair-market value of the property
  • Adelphi receives a valuable piece of property that we may sell or use to further our mission

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

Back

© Pentera, Inc. Planned giving content. All rights reserved.
Disclaimer

Amy Harrison
Executive Director of Gift Planning
Phone Number

Search Menu