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Real Estate—Outright Gift

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Diagram Description

Outright Gift of Real Estate Diagram. Description of image is listed below.

How It Works

  1. Transfer title of property to the MMRF
  2. Receive income-tax deduction for fair-market value of property
  3. The MMRF 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 the MMRF

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Contact Us

Eleni Kiriakidis
Sr. Manager, Donor Engagement & Operations
Office: 203.229.0464, ext. 204

Multiple Myeloma Research Foundation
383 Main Avenue, 7th Floor
Norwalk, CT 06851

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