Real Estate & Tangible Properties
Gifts of Real Estate
A gift of Real Estate may be an attractive way to make a gift to Olds College
and realize tax benefits at the same time. For a select group
of donors a gift of real estate may also simplify their estate and lessen
management worries. You may also be able to significantly reduce the
amount of income and capital gains taxes that you pay. Real Estate gifts
to consider
include
- vacation homes
- farm or ranch
- commercial property
- undeveloped or unimproved land
- building lots
- and personal residences.
Gifts of Tangible Property
Tangible property includes such items as buildings, machinery and equipment, timber and other growing crops, mineral resources, merchandise, furniture, art work, jewelry, books, coins, and stamp collections.
Olds College Advancement will be happy to discuss your proposed gift help you locate a qualified appraiser, provide appropriate tax documentation, and advise you on methods of packing and shipping your gift if it is inconvenient for you to deliver it personally.
