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Does HCC accopt gifts of Real Estate?

April 26, 2017gifts HCC Real Estate

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Does HCC accopt gifts of Real Estate?

1 Answer

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If you own property that is not subject to mortgage and has appreciated in value, a charitable gift may be an attractive option. You may be able to claim an income tax deduction based upon the fair market value of property, avoid capital gain taxes, and remove that asset from your taxable estate. Please contact your tax advisor to determine the eligibility of your gift.