Text Resize

Gifts of Real Estate

Gifts of Real Estate
Real Estate
What To Give
A gift of your appreciated real property (such as your home, vacation property, vacant land, farmland, ranch or commercial property) can make a great gift to The Bishop's School.

Here are some of the benefits you may enjoy:

  • Avoid paying capital gains tax.
  • Receive a charitable income tax deduction.
  • Leave a lasting legacy.

How you make a gift of real property

Your real property may be gifted to The Bishop's School by executing or signing a deed transferring ownership. You may deed part or all of your real property to The Bishop's School. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal.

Can you make a gift of mortgaged property?

Please contact us if the property you wish to give has existing debt or a mortgage. Check with us on the capital gains tax implications of your gift. You also may be interested in life income options.

scriptsknown
THE BISHOP’S SCHOOL     7606 La Jolla Boulevard     La Jolla, CA 92037     (858) 459-4021
Founded in 1909 and affiliated with the Episcopal church, The Bishop’s School is an independent coeducational college preparatory day school for students in grades six through twelve who live throughout San Diego County.
© 2018 Crescendo Interactive, Inc. PRIVACY STATEMENT