Gifts of Real Estate
Donating real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property can make a great gift to Huntsville Hospital Foundation.
With gifts of real estate, you may
- Avoid paying capital gains tax on the sale of the real estate
- Receive a charitable income tax deduction based on the value of the gift
- Leave a lasting legacy to Huntsville Hospital Foundation
How to make a gift of real estate
Your real property may be given to Huntsville Hospital Foundation by executing or signing a deed transferring ownership. You may deed part or all of your real property to Huntsville Hospital Foundation. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal.
If you have any questions about gifts of real estate, please contact us or your financial advisor. We would be happy to assist you and answer any questions that you have.