Donate
Donate Real Estate
When it comes to making a donation to charity, donating real estate can offer the greatest tax advantage.
Real Estate donations can provide you with highly beneficial tax results and allow you to achieve significant and important charitable goals. A donation of real estate to Chabad of Hyde Park often minimizes taxes and provides an immediate income tax deduction.
Chabad of Hyde Park works with professionals with years of experience evaluating, marketing, and selling real estate — allowing Chabad to manage the receipt and subsequent sale of your property anywhere in the United States.
Key Benefits
- ·Receive the maximum tax deduction allowed by law.
- ·Avoid capital gains tax on highly appreciated properties.
- ·Avoid the expense and inconvenience of marketing the property.
- ·Eliminate your legal and tax liabilities on donated properties.
- ·Attain personal financial goals while supporting a great charity.
- ·Retain the right to continued use of the property.
- ·Diversify your assets and establish an income stream for your lifetime.
Types of Property
- ·A private residence such as a house or condominium
- ·A vacation home
- ·An apartment building
- ·Investment property
- ·Undeveloped land
- ·A shopping center
- ·A farm or vineyard
- ·A commercial or industrial building
- ·Timber, oil, and gas rights