Real Estate—Outright Gift

Outright Gift of Real Estate Diagram. Description of image is listed below.

How It Works

  1. Transfer title of property to CA
  2. Receive income-tax deduction for fair-market value of property
  3. CA 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 CA

Contact Us

Shep Shepard
(978) 402-2258
shep shepard@concordacademy.org
Federal Tax ID Number 04-1200600

Concord Academy
ATTN: Shep Shepard
166 Main Street
Concord, MA 01742    

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