HOW TO GIVE
Bargain Sale
Do you have property that you would like to sell? Are you looking for a strategy to reduce your income taxes?
A bargain sale allows a charitable deduction for selling below the fair market value.
Benefits of a Bargain Sale
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Avoid capital gains tax on your charitable gift.
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Receive a tax deduction that will reduce your tax bill this year.
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Take the cash received from the sale and reinvest it to create future income, save for retirement, buy new property or achieve other financial goals.
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Help Boys & Girls Clubs of Kootenai County further our important charitable work.
How a Bargain Sale Works
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Establish a way to provide for your loved one.
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Avoid capital gains if the unitrust is funded with appreciated assets.
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Receive an immediate charitable income tax deduction for the charitable portion of the unitrust.
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Leave a legacy gift to our organization.
More on Bargain Sales
A bargain sale may be accomplished even if you have a mortgage on your property. Because relief from indebtedness can have tax implications, please consult with your tax advisor prior to completing a gift of a bargain sale.
Contact Us
If you have any questions about a bargain sale, please contact us. We would be happy to assist you and answer any questions you might have.