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Real Estate

In gifting real estate, you must transfer the property title from the current owner to the new owner. This typically involves creating and filing a deed with the appropriate government office, like a county recorder’s office.

Before transferring ownership, consult an attorney or tax professional to understand potential tax implications and ensure compliance with local laws.

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Benefit

Avoid paying capital gains tax on the sale of real estate.

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Learn More

For more information on donating real estate, contact Rev. Jay Cory, CEO of Along Side Ministries, jcory@asmaz.com * (602) 995-9484, or Mr. John-Paul Reiger, jpreiger@NCFgiving.com or call (505) 314-3400.

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