Gifts of Real Estate
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How it works
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You deed your home, a commercial building, or investment property to Catholic Charities of Los Angeles, Inc.
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Catholic Charities of Los Angeles, Inc. may use the property for its own purposes, or, more likely, will sell it and use the proceeds for our programs. |
Benefits
- You receive an income-tax deduction for the fair market value of the real estate, no matter what you originally paid for it.
- You pay no capital gains tax on the transfer.
- You can direct the proceeds from your gift to a specific Catholic Charities program.
More
To learn more about gifts of real estate, Email us, complete the Information Request Form, or call us at 213-251-3495 so that we can assist you.