Donations
Real Estate Donation
Give Today, call: (800) 431-3611
Volunteers of America of Wisconsin is happy to consider gifts of residential, commercial 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 us.
You can deliver real estate to Volunteers of America of Wisconsin as follows:
- Through an outright donation;
- Through the donation of a fractional interest in the property;
- By giving us your home and reserving the right to continue living there for your lifetime (a retained life estate)
When you are considering a gift of real estate, keep two considerations in mind:
- First, we will gratefully review your gift offer and evaluate the condition and marketability of the proposed real estate, reserving the final say on acceptance.
- Second, 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
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