Gifts of Real Estate

How It Works

You deed your home, vacation home, undeveloped property, or commercial building to Clara Maass Medical Center Foundation.
Clara Maass Medical Center Foundation may use the property or sell it and use the proceeds.

Benefits

You receive an income tax deduction for the fair market value of the real estate.
You pay no capital gains tax on the transfer.
You can direct the proceeds from your gift to support the overall mission of Clara Maass Medical Center Foundation.

Next

You can donate your property yet continue to use it.
More details about gifts of real estate.
Frequently asked questions on gifts of real estate.
Contact us so we can assist you through every step.

The gift planning information presented on this site is intended as general. It is not to be considered tax, legal, or financial advice. Please consult your own personal advisors prior to any decision.

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