Gifts of Real Estate
How it works
You deed your home, a commercial building, or investment property to Woodland Healthcare Foundation.
Woodland Healthcare Foundation may use the property or sell it and use the proceeds for the purpose you specify.
Benefits
- You receive an income-tax deduction for the fair market value of the real estate, no matter what you originally paid for it.
- You pay no capital-gains tax on the transfer.
- You can direct the proceeds from your gift to a specific Sisters of Mercy ministry or program.
Consider a gift of real estate if you:
- Have residential, commercial or undeveloped real estate that has risen in value and that you no longer wish to maintain
- Want Woodland Healthcare Foundation to use the property for institutional purposes or sell it
- Own the property outright or are willing to satisfy any mortgages before donating it to the Foundation
- Have property that is marketable and environmentally secure
Related Links
More about gifts of real estate
For assistance with this gift plan, please complete the request information form or contact Kevin Duggan at (530) 669-5680 or e-mail to Kevin.Duggan@DignityHealth.org.