Gifts of Real Estate
CLICK HERE FOR A DETAILED EXPLANATION
How it works
 You deed your home, a commercial building, or investment property to Music Center.
 Music Center may use the property for its own purposes, or, more likely, will sell it and use the proceeds for our programs.
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.
More
To learn more about gifts of real estate, Email us, complete the Information Request Form, or call us at 213-972-3333, select Gift and Estate Planning so that we can assist you.
|
