Real Estate

Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property can make a great gift to AMIT Children.

Benefits of gifts of real estate

  • Avoid paying capital gains tax on the sale of the real estate
  • Receive a charitable income tax deduction based on the value of the gift
  • Leave a lasting legacy to AMIT Children

How to make a gift of real estate

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

Contact us

If you have any questions about gifts of real estate, please contact Genene Kaye, 212-477-5465 or genenek@amitchildren.org.

  • Mortgaged Property - Please contact us if the property you wish to give has existing debt or a mortgage. Indebtedness can affect your charitable tax deduction.
  • Difficult Property Gifts - Certain properties pose challenges. We have adopted policies to limit the acceptance of certain kinds of real estate. Please check with us before making a gift of real estate so we can explain our gift acceptance policies.
  • Capital Gains Tax - Check with us on the capital gains tax implications of your gift. You may also be interested in life income options.

More Ways to Give

Insurance

A gift of your life insurance policy is an excellent way to make a gift to AMIT.

Cash

A donation of cash is a simple and easy way for you to make a gift.

Retirement Assets

Donating part or all of your unused retirement assets, such as your IRA, 401(k), 403(b), pension or other tax-deferred plan, is an excellent way to make a gift to AMIT Children.

Stocks and Bonds

Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to AMIT Children.

Bequest Language

An excellent way for you to support AMIT Children’s mission is to leave us a bequest in your will, living trust or with a codicil. One significant benefit of making a gift by bequest is that it allows you to continue to use the property you will leave to charity during your life. Another benefit is that you are able to leave a lasting legacy.