Real Estate—Outright Gift

Outright Gift of Real Estate Diagram. Description of image is listed below.

How It Works

  1. Transfer title of property to Albertus Magnus College
  2. Receive income-tax deduction for fair-market value of property
  3. Albertus Magnus College may use or sell the property

Benefits

  • Income-tax deduction for fair-market value of property based on qualified appraisal
  • Avoid capital-gain tax on appreciation in value of the real estate
  • Relieved of details of selling property
  • Significant gift to Albertus Magnus College

More Information

Contact Us

Kierran Broatch
Assistant Vice President for Advancement
(203) 773-4476
kbroatch@albertus.edu
Federal Tax ID Number: 06-0646520

 

Albertus Magnus College
Attn: Kierran Broatch
Office of Advancement
700 Prospect Street
New Haven, CT 06511-1189

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