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Did you Know...
Under a concept called a "Bargain Sale", a donor may assist a qualified nonprofit with real estate and capture a tax deduction as well as cash from a property. The cash to the seller/donor is income but the amount of price reduction below appraised value, is eligible as a tax deduction.
Real estate is an under utilized charitable gifting vehicle which offers significant tax benefits. Contact us at 877-253-4380 ext 0 to learn more about charitable gifts of real estate.
