Real Estate

Real estate is an often overlooked asset that can be used to
make a large impact at Temple. Do you own a piece of land or
a building that you are considering selling? This is particularly
attractive for real estate that serves as a vacation home, second
residence, commercial property, vacant land or farm. Capital
gains tax accrued from the sale of such assets can often present
a heavy burden, and gifting a piece of real estate is a perfect way
to lessen such tax consequences.

Read a past issue of Temple Investor, which highlights the many options for gifts of real estate.

Benefits to Donor
- Receive an immediate charitable tax deduction for the full
fair market value of the property

- Maintain control of the assets during your lifetime

- Reduce or eliminate capital gains tax

- Recognition in Temple’s Acres of Diamonds Circle


Benefits to Temple
- Proceeds from the sale of the property leave a lasting legacy
for the university area of your choice

Income
- None, unless the property is used to fund a life-income
arrangement


For donors who …
- Want to avert the hassle associated with selling property

- Want to reduce capital gains tax


Establish this arrangement with …
- Real Property (including both residential and commercial)


Ways to Gift Real Estate …
- An outright gift can be made by deeding the property to
Temple University

- Proceeds from the sale can be used to establish a life-income
arrangement, such as a trust

- Deed the property to Temple but continue to occupy the
property until you decide to relinquish your right to
live there through a retained life estate


Many planning options are available for gifts of real estate. For more information on how you can use real estate to benefit Temple University, please contact us and request our free pamphlet, “Gifts of Real Estate: Unlocking the Financial Benefits.”