Benefits of Donating Real Estate
Real estate represents the largest asset class in the United States, yet only 3 percent of total charitable giving comes from such gifts.
Real estate is often overlooked as a powerful charitable giving asset due to its size, sophistication and complexity.
However, donating appreciated land or real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property, to a 501(c)3 public charity or donor-advised fund can provide significant benefits.
- Avoiding capital gains tax on the sale of the real estate
- Receiving a charitable income tax deduction based on fair market value
- Increasing your income for retirement with a charitable gift annuity or charitable remainder trust
- Complementing the unique advantages of your private foundation
- Making a greater philanthropic impact
- Leaving a lasting legacy for you and your family
|Outright gift to organization
|Charitable deduction and tax savings
|Charitable remainder trust
|Income, charitable deduction and tax savings
|Charitable gift annuity
|Guaranteed fixed payments, charitable deduction and tax savings
|Cash, charitable deduction and tax savings
“When I was ready to sell my rental property on Park Boulevard, The Foundation helped me set up my real estate donation as a charitable gift annuity so I could increase my income during retirement. It brings me great delight that The Foundation will receive the balance of my gift after my passing.”
SDF Fund Advisor
“My client received great joy well beyond the charitable deduction by getting to personally know his beneficiaries during his lifetime. The remainder of his real estate gift contributed to his legacy fund, which continues to support his and his partner’s beloved charities.”
Certified Specialist in Estate Planning, Trust & Probate Law
Buchalter Law Offices
Turn Your Real Estate Asset into Impact
The San Diego Foundation Charitable Real Estate Foundation (CREF) Board is our team of industry leaders that recognizes the growing importance of real estate gifts in estate and tax planning as well as personal and family philanthropy.
Our CREF Board acts in an advisory role to our staff.
The board provides oversight and guidance for our Giving Team, as we help donors and professional advisors tap into the substantial benefits of donating real estate assets and give a timely, accurate indication of the potential gift value of the property.