Gifts of Real Estate
How It Works
- You deed your home, vacation home, undeveloped property, or commercial building to Convoy of Hope.
- You may continue to use the property rent-free, and then ownership passes to us when you no longer need it.
- Convoy of Hope may use the property or sell it and use the proceeds.
- You receive an income tax deduction for the fair market value of the real estate.
- You pay no capital gains tax on the transfer.
- You can direct the proceeds from your gift to a specific program at Convoy of Hope.
©2014 Convoy of Hope, Inc. is a registered 501(c)(3) nonprofit organization // All donations are tax deductible in full or in part. // Delivering HOPE since 1994.