Gifts of Real Estate

Put your Assets to their Best Use

A gift of real estate will provide similar benefits to a gift of securities.  The capital gains tax that would be triggered by your sale of the property is avoided but the full value of your real estate will help children and adults with special needs.

Second, you can deduct the full value of the property as a charitable contribution, for real estate held over a year.  This saves you income tax and further lowers the effective cost of your gift.

Gifts of real estate can be very meaningful, but they can also be complicated to complete.  We would like to provide you with whatever assistance we can to help ensure your legacy.  For more information, please contact Maria Hernandez, Director of Development, at (919) 755-2667 or via email at mhernandez@tammylynncenter.org.

Donations are made to Tammy Lynn Memorial Foundation, Inc., which in turn supports the programs and services of Tammy Lynn Center for Developmental Disabilities.  Contributions are tax deductible according to IRS rules and regulations.