Gifts of Real Estate

Donate a valuable asset in exchange for powerful tax benefits and possibly an income stream for you and/or your loved ones.

This diagram represents how to make a gift of real estate – a gift that costs nothing during lifetime.

How It Works

  • You deed your home, vacation home, undeveloped property, or commercial building to La Salle University.
  • La Salle University may use the property or sell it and use the proceeds.

Benefits

  • You receive an income tax deduction for the fair market value of the real estate.
  • You pay no capital gains tax on the transfer.
  • You can direct the proceeds from your gift to a specific program at La Salle University.