HOW TO GIVE
Do you have property that you would like to sell? Are you looking for a strategy to reduce your income taxes?
A bargain sale allows a charitable deduction for selling below the fair market value.
Benefits of a Bargain Sale
Avoid capital gains tax on your charitable gift.
Receive a tax deduction that will reduce your tax bill this year.
Take the cash received from the sale and reinvest it to create future income, save for retirement, buy new property or achieve other financial goals.
Help Boys & Girls Clubs of Kootenai County further our important charitable work.
How a Bargain Sale Works
Establish a way to provide for your loved one.
Avoid capital gains if the unitrust is funded with appreciated assets.
Receive an immediate charitable income tax deduction for the charitable portion of the unitrust.
Leave a legacy gift to our organization.
More on Bargain Sales
A bargain sale may be accomplished even if you have a mortgage on your property. Because relief from indebtedness can have tax implications, please consult with your tax advisor prior to completing a gift of a bargain sale.
If you have any questions about a bargain sale, please contact us. We would be happy to assist you and answer any questions you might have.