Gifts of Real Estate
Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property can make a great gift to Wellstar Foundation.
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 Wellstar Foundation
How to make a gift of real estate
Your real property may be given to Wellstar Foundation by executing or signing a deed transferring ownership. You may deed part or all of your real property to Wellstar Foundation. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal. Certain restrictions and requirements apply to gifts of real estate. The final determination on the acceptance of tangible property, real estate, or bargain sale gifts shall be made by the WellStar Health System.
Contact us
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.