Gifts of Real Estate: The Details

Make an extraordinary gift, transfer the burden and expense of managing the property, and remove a large asset from your taxable estate at the same time.

Is this gift right for you?

A gift of real estate is for you if…

We are happy to consider gifts of residential, commercial and undeveloped real estate.

As with donations of other types of appreciated property, gifts of real estate secure a charitable income tax deduction for you, based on the fair market value of the property, with no capital gains liability for the transfer to Yale.

You can donate real estate to Yale in several ways:

When you are considering a gift of real estate, keep two considerations in mind:

  1. We will gratefully review your offer and evaluate the condition and marketability of the proposed real estate to determine that the donation is risk-free and appropriate for all parties.
  2. The IRS requires donors of real estate to secure an independent appraisal to establish the fair market value of the property. We can assist you in following the IRS procedures for this appraisal.