Real Estate—Bargain Sale

Bargain Sale of Real Estate Diagram. Description of image is listed below.

How It Works

  1. You sell property to EMS for less than its fair-market value—usually what you paid for it
  2. EMS pays you cash for agreed sale price, and you receive an income-tax deduction
  3. EMS may use or sell the property

Benefits

  • You receive cash from sale of property (sale price is often the original cost basis)
  • You receive a federal income-tax deduction for the difference between the sale price and the fair-market value of the property
  • EMS receives a valuable piece of property that we may sell or use to further our mission

Contact Us

Hanita Walia
Chief Stategy and Advancement Officer
201-568-5566, ext. 7132
hwalia@elisabethmorrow.org

Trish Felix
Development and Stewardship Manager
201-568-5566, ext. 7210
tfelix@elisabethmorrow.org

 

The Elisabeth Morrow School
435 Lydecker Street
Englewood, NJ 07631
Federal Tax ID #22-1487171

Back

© Pentera, Inc. Planned giving content. All rights reserved.
Disclaimer