Real estate
A gift of real estate should be carefully planned with your professional
advisors and with Dominican University before a decision can be made about the suitability of
such a gift.
Real estate could be your personal residence, a farm, vacation home, or commercial property. You may donate your entire interest in the property or you may give an undivided fractional interest. Either way, you may enjoy significant tax benefits, taking a charitable deduction for the full fair market value of the real estate, up to 30% of your adjusted gross income with a five-year period for carrying over any excess deduction. You will also avoid the capital gain tax on the appreciation.
Please contact us, at (708) 524-6309, to explore the potential for making a gift
of real estate.
“My decisions at work are constantly informed by what I learned in my MBA courses at Dominican. The curriculum and the faculty have made a lasting contribution to my professional expertise. In my competitive work environment, I feel well prepared.”
Steven Ramel
MBA 1996
Senior Vice President
GE Commercial
Finance
