Use rental income to fund charity
Download PDFMany generous people with income-producing real estate want to give more but feel limited by cash flow. Giving a portion of that rental income can be a powerful engine for continued generosity.
Your NCF team works alongside you and your advisor to explore how income-producing property can fuel your giving. Even without selling the property, you can put its income to work for charity.
Here are the benefits of giving real estate:
- Maximize charitable impact now, without needing to liquidate
- Retain cash by gifting the asset instead
- Increase charitable cash flow through reduced or eliminated tax on gifted income
- Claim a fair market value deduction for the gifted asset
- Reduce capital gains tax on a future sale
The numbers tell the story. On a $1.5M rental property producing $100,000 a year in income, giving could mean $546,000 in tax savings over five years, plus $500,000 in ongoing charitable cash flow. Talk with your NCF team to see how your own property could fund your generosity.
