Gifts of Real Estate
Benefits of Gifts of Real Estate
- 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 the University of Notre Dame.
How to Make a Gift of Real Estate
Your real property may be given to the University of Notre Dame by executing or signing a deed transferring ownership. You may deed part or all of your real property to the University of Notre Dame. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal.
Mortgaged Property - Please contact us if the property you wish to give has existing debt or a mortgage. Indebtedness can affect your charitable tax deduction.
Capital Gains Tax - Check with us on the capital gains tax implications of your gift.
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.
* Please note that certain properties pose challenges. We have adopted policies to limit the acceptance of certain kinds of real estate. Please check with us before making a gift of real estate so we can explain our gift acceptance policies.
A Giving Society
Gifts made through your estate, charitable remainder trusts, and donor advised funds are just a few of the ways to qualify for membership in the Badin Guild, the planned giving gift society. Members of the Badin Guild have access to exclusive events as well as unique opportunities to engage with the campus community.