Real Estate
Has your real estate appreciated in value? Whether it's your primary residence, vacation property, or a company owned property, donating the real estate to the FMA Foundation may be the right answer.
A LIFE ESTATE: When you make a commitment to giving the gift of a currently occupied home or property to the FMA Foundation, the benefits happen now while the transaction takes place later. You continue enjoying your home and immediately receive an income tax reduction. Normal insurance, maintenance and taxes, however, still remain your responsibility.
A LIFE INCOME GIFT: Transform your property into a revenue stream for yourself or others by using it as a Foundation for a life income gift. For more information, see Charitable Remainder Trusts.
OUTRIGHT GIFT: Making a gift of real estate allows you the maximum charitable deduction. An added benefit is the freedom from responsibility of having to buy and sell your property. If your property has appreciated in value, you could avoid capital gains tax while maximizing your charitable gift deduction. Before making plans to contribute real estate, contact the FMA Foundation.
Benefits of Giving Real Estate:
- Have tremendous impact on youth entering the industry through the FMA Foundation.
- Avoid capital gains taxes.
- Charitable deductions are based on the current fair market value of your property.
How to Reach Us
For additional information regarding opportunities to support FMA Foundation, please call toll-free 888-394-4362 or email foundation@fmanet.org. |