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Almost any real estate, developed or undeveloped, is
potentially a charitable gift. If you have owned your own home
or other real estate for a long time, likely it has increased
in value significantly. If you would like to help fulfill our
mission, your property opens the door to a unique giving
opportunity. Before selling real estate that would result in a
sizable capital gains tax, donors might want to consider
donating that property to NSU to avoid the tax and realize a
charitable deduction for the full fair market value of the
property.
Here are some reasons you may want to consider a gift of real
estate:
You would like to
make a gift to NSU while retaining your cash and liquid
assets.
You are
discouraged from selling appreciated property because of
substantial capital gains tax liability.
Life income
agreement. Give your property to a trust naming NSU as the
remainder beneficiary. The trust sells the property and
invests the proceeds, paying you an income for life.
Bargain sale. Sell
your property to the university at a reduced price and you
will receive both cash and an income tax charitable deduction.
Gift by bequest in
your will.
For more
information on Real Estate Gifts contact Dr. Chris Maggio at
318-357-4414 or
maggioc@nsula.edu.
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Northwestern State
University Office of Alumni and Development
535 University Parkway | Natchitoches, LA 71497
Phone (318) 357-4414 or Toll Free (888) 799-6486 |
