Gifts of Real Estate

Gift of Real Estate Diagram

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.


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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.

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