Penn Office of Gift Planning


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Gift description

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Complete gift description

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Related Gifts

·  Retained life estates
·  Unitrusts
·  Bargain sales
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Gifts of Real Estate

How it works

You deed your home, a commercial building, or investment property to the University of Pennsylvania.

Penn may use the property for its own purposes, or, more likely, will sell it and use the prceeds for our programs.

Benefits

  • You receive an income tax deduction for the fair market value of the real estate, no matter what you originally paid for it.
  • You pay no capital gains tax on the transfer.
  • You can direct the proceeds from your gift to a specific Penn program.

For more information

Email us, complete the personal illustration form, or call us at (800) 223-8236 so that we can assist you through every step of the process.