Real EstateMost real estate has appreciated faster than the rate of inflation and offers great potential in charitable gift planning. A tax deduction for the fair market value of the property is permitted up to 30% of AGI and, again, you will avoid the capital gain tax. It is possible to transfer ownership of your personal residence or farm to Friends House while retaining the use of the property during your lifetime. You receive a current income tax deduction for property’s discounted value. For additional information or to arrange a confidential gift planning consultation, without obligation, contact:
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