Support AFI through a Gift of Real Estate
Your real estate holdings, whether it’s your family home, undeveloped land, a rental property, or other investments, may represent your most highly appreciated assets. Selling such real estate could result in substantial capital gains taxes. However, by donating your real estate to a 501(c)(3) public charity like a donor-advised fund, you can harness the potential of this valuable investment to make a significant charitable impact through your giving to AFI, aligning with your financial and philanthropic goals.
The Advantages of Donating Appreciated Real Estate Held for More Than One Year
Donating your real estate unlocks several benefits for AFI. Firstly, you have the potential to eliminate the capital gains tax that would arise from selling the property and donating the proceeds, thereby increasing the available funds for charitable purposes by up to 20%. Secondly, you can claim a fair market value charitable deduction in the tax year of the gift, enabling you to allocate those savings towards further charitable contributions.
You can give real estate to AFI in the following ways:
Kindly notify us about your generous gift of real estate and share your wishes with us. This will not only allow us to express our gratitude as an AFI lifelong member but also give us the chance to discuss how your valuable contribution will help accomplish our missions.
Contact us for additional information about the donating real estate to AFI. Please notify us of your intentions by submitting the form below.
Seek the advice of your financial or legal advisor.
If you include AFI in your plans, please use our legal name and federal tax ID.