Gifts of Real Estate

An unmatched opportunity to make an impact

You can turn the value of real estate into community good and receive financial and tax benefits with a gift of real estate to ASNC. A rental house, vacation home, or unimproved acreage can be gifted to ASNC for sale. You avoid capital gains tax and the proceeds from the sale of the property will be used to support our work in the community.

A gift of only the ‘remainder interest’ in your personal residence to ASNC while you and your family continue to live in and fully enjoy your home as long as you like can also produce a charitable deduction. This is a retained life estate and works just as well with a farm or vacation home as with your principal residence. We recommend that you consult with your tax advisor or planning professional.
 

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