Real Estate Gifts

Transforming Realty to Gift Reality

Discover All of Your Options

Want to make a big gift to Xavier College Preparatory High School without touching your bank account? Consider giving us real estate. Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land. Such a generous gift helps us continue our work for years to come. And a gift of real estate also helps you. When you give us appreciated property (Securities, real estate or any other property having a fair market value greater than its original purchase price) you have held longer than one year, you qualify for a federal income tax charitable deduction. This eliminates capital gains tax (Tax on the growth in value of an asset—such as real estate or stock—since its original purchase). And you no longer have to deal with that property's maintenance costs, property taxes or insurance.

Another benefit: You don't have to hassle with selling the real estate. You can deed the property directly to Xavier or ask your attorney to add a few sentences in your will or trust agreement.