Gifts of Real Estate
How It Works
- You deed your home, vacation home, undeveloped property, or commercial building to Catholic Charities of Los Angeles.
- You may continue to use the property rent-free, and then ownership passes to us when you no longer need it.
- Catholic Charities of Los Angeles 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 Catholic Charities of Los Angeles.
Next
- More details about gifts of real estate.
- Frequently asked questions on gifts of real estate.
- Contact us so we can assist you through every step.
1531 James M. Wood Blvd.
P.O. Box 15095, Los Angeles, CA 90015
(213) 251-3400 | info@CatholicCharitiesLA.org
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Catholic Charities of Los Angeles, Inc. is a 501(c)(3) nonprofit, public benefit corporation accredited by the Council on Accreditation.