Real Estate—Outright Gift

Outright Gift of Real Estate Diagram. Description of image is listed below.

How It Works

  1. Transfer title of property to SCO
  2. Receive income-tax deduction for fair-market value of property
  3. SCO may use or sell the property

Benefits

  • Income-tax deduction for fair-market value of property based on qualified appraisal
  • Avoid capital-gain tax on appreciation in value of the real estate
  • Relieved of details of selling property
  • Significant gift to SCO

More Information

Contact Us

Juliette McKenna
Chief Development Officer
516.666.0469
jmckenna@sco.org


Christopher McGovern
Assistant Director of Development
516-981-0425
cmcgovern@sco.org

 

SCO Family of Services
1415 Kellum Place, Suite 140
Garden City, NY 11530

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