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Gifts of Real Estate

Gift of Real Estate Diagram

How It Works

  • You deed your home, vacation home, undeveloped property, or commercial building to Cincinnati Museum Center.
  • You may continue to use the property rent-free, and then ownership passes to us when you no longer need it.
  • Museum Center may use the property or sell it and use the proceeds.

Benefits

  • 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 Museum Center.


The material presented on this Planned Giving website is not offered as legal or tax advice.
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For more information, please contact:
Jonathan Perlman
Senior Gift Planning Advisor
jperlman@cincymuseum.org
P :513-287-7060