Real Estate—Outright Gift

Outright Gift of Real Estate Diagram. Description of image is listed below.

How It Works

  1. Transfer title of property to CNEWA
  2. Receive income-tax deduction for fair-market value of property
  3. CNEWA may use or sell the property

Benefits

  • Income-tax deduction for fair-market value of property based on qualified appraisal
  • Avoid capital-gain tax on appreciation in value of the real estate
  • Relieved of details of selling property
  • Significant gift to CNEWA

Federal Tax ID Number: 13-1623929


Contact Us

Brian McGinley
Director of Development
Office: (646) 791-0291
bmcginley@cnewa.org

Catholic Near East Welfare Association
220 East 42nd Street
New York, NY 10017

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