Gifts of Real Estate
A home. A piece of land. A farm that has been in your family for generations. Real estate often carries more than financial value — it carries memory, history, and meaning. For some donors, entrusting that property to the work of God's Kingdom is among the most significant and personal acts of generosity they will ever make.
Important Considerations:
Property should generally be debt-free and wholly owned by you.
Fact check Rachel? ^
An independent appraisal must be completed within 60 days prior to the gift.
If ownership is jointly held or held through a business entity, please contact us before proceeding.
Real estate can also be gifted into a charitable remainder trust, maintaining current property income and making a future gift.
It’s important to speak with us before arranging a sale of the property.
How it works:
Your real property may be given to The Alliance by executing or signing a deed transferring ownership.
You may deed part or all of your real property to The Alliance.
Your gift will generally be based on the property’s fair market value, which must be established by an independent appraisal.
Before executing a deed to gift your property, especially if ownership is jointly held or held in a business entity such as a limited partnership, please contact us.
Donors should not have a prearranged sale before talking with The Alliance
What makes this powerful:
You can avoid capital gains tax on the property's appreciated value.
You’ll receive a charitable income tax deduction based on fair market value (established by independent appraisal).
You’ll create a significant, lasting legacy gift to The Alliance.
You can avoid depreciation recaptures on income-generating properties. *fact check with Cam
Your Next Step:
If you have any questions about gifts of real estate, please contact us. We would be happy to assist you and answer any questions that you have.
We’re here to help!
For all other questions, contact The Alliance: