Real Estate—Outright Gift
How It Works
- Transfer title of property to Colgate
- Receive income-tax deduction for fair-market value of property
- Colgate may use or sell the property
Benefits
- Income-tax deduction for fair-market value of property based on qualified appraisal
- Avoid capital-gain tax on appreciation in value of the real estate
- Relieved of details of selling property
- Significant gift to Colgate
More Information
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Andrew M. Coddington Kim Manner |
Teresa Mathews |
The discussion herein is general in nature and may not apply to all individuals. Prospective donors are urged to consult their personal tax and financial advisors concerning the specific consequences of making gifts to Colgate. We would be pleased to discuss, in confidence, ways in which you may support Colgate. These measures may also have an impact on your estate planning.
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