Gifts Of Real Estate

Donating real estate – residential, commercial, or land – can support the Foundation while offering tax benefits and relieving you of maintenance costs and property taxes.

• Appreciated Property (Held > 1 Year): You may deduct the full fair market value and avoid capital gains tax.
• Retained Life Interest: You can deed your residence or farm to the KF now, retain the right to live there for life, and receive an immediate income tax charitable deduction.
• Bargain Sale: You can sell property to the KF for less than its fair market value. You receive a deduction for the difference between the market value and the sale price, while only paying capital gains tax on the “sale” portion.