Gifts of Real Estate
Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch, or commercial property, can be a meaningful way to support UNC Charlotte. Many donors choose this type of gift because it allows them to make a significant impact while receiving valuable tax benefits.
Benefits of gifts of real estate
- Avoid paying capital gains tax on the sale of the real estate
- Receive a charitable income tax deduction based on the value of the gift
- Create a lasting legacy at UNC Charlotte by transforming property into opportunities that support students and programs
Gifts of real estate video
How to make a gift of real estate
- Transfer ownership by deed to UNC Charlotte. You may give part or all of your property.
- Obtain an independent appraisal to establish the fair market value of your gift for tax purposes.
Other considerations
- Mortgaged Property—Please contact us if the property you wish to give has existing debt or a mortgage. Mortgages can affect the tax benefits of your gift.
- Difficult Property Gifts—Certain types of real estate may pose challenges. UNC Charlotte has gift acceptance policies to help ensure that each gift is appropriate and beneficial. We are glad to discuss your property with you.
- Capital Gains Tax—We can help you explore the capital gains implications of your gift and whether life income options may be a good fit for your goals.
Contact us
If you have any questions about gifts of real estate, please contact us. We would be happy to assist you and answer any questions that you have.
