Contribute to Your Fund

Donating Real Estate

Have you considered converting real estate to charitable dollars?

You can transform property you own into a lasting impact by donating real estate to a donor-advised fund.

Greater Horizons’ complex assets team has decades of experience handling real estate donations. With a gift of real estate to a donor-advised fund, you are eligible to receive the maximum tax deduction allowed by law based on the real estate’s full fair market value, and you can potentially avoid capital gains tax.

Once the property is sold, the proceeds can flow into your donor-advised fund, which you can use to provide grants to any 501(c)(3) public charities in the U.S., including educational and religious institutions, all on your own timeline.

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Examples of Real Estate Donations

Your real estate donation could be:

  • A house or condominium
  • A vacation home
  • A multi-unit apartment building
  • A commercial building
  • Farmland or undeveloped property
  • A mixed-use building

Key Considerations Before You Donate Real Estate

Each transaction is unique, but an ideal real estate gift typically includes the following:

  • The property has been owned for more than one year and has significantly appreciated in value.
  • The property is debt-free, or any outstanding debt can be paid off before the donation.
  • The property can be transferred to a charity.
  • The property is marketable and cost-effective to liquidate, but there are no prearranged sales.
  • You are comfortable with anticipated transfer costs, which may include an appraisal fee, legal expenses, closing costs, and fees charged by Greater Horizons and/or a third party that facilitates the transaction.

Turn your real estate into a meaningful charitable impact.

While donating real estate may seem complicated, our experienced team will guide you through your options to make the process simple and rewarding. Contact us at info@greaterhorizons.org or 866.719.7886 to learn more.

Professional Advisors discussing real estate

Greater Horizons does not provide tax, legal or accounting advice. This is for informational purposes only.