Use real estate to fund charity

Many real estate owners have a heart to give but feel limited by cash flow. Giving appreciated real estate to an NCF affiliated ministry can be a powerful way to increase your giving.

When you gift real estate, capital gains taxes are likely reduced or eliminated, and you can claim an income tax deduction. This frees up more cash flow for future giving.

Here are the benefits of giving real estate:

• Maximize charitable impact
• Retain cash by gifting assets instead of selling them
• Potentially reduce income taxes with a fair market value deduction
• Move more dollars to charity by avoiding capital gains taxes on the gifted portion

The numbers make the case clearly. On a $1.5M piece of land, giving the property instead of cash could send $339,000 more to your favorite charities, and potentially save $476,000 in taxes. Talk with your NCF team to walk through your specific property and goals.