Real Estate

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Real Estate
  • Real Estate

How it works:

  1. You give all or a portion of your home, commercial building, or investment property to Berkeley.
  2. We will sell the property and use the proceeds to support the campus programs you designate.
  • Income

  • Income Tax Deduction

  • Capital GainsTax Benefit

How you Benefit:

  • Real property assets can be used to make outright gifts to support Berkeley right now or to fund a gift that pays you or a loved one income for life.
  • Your income tax charitable deduction will equal the full fair-market value of the property, not the price you paid to purchase the property. The deduction can be used to offset up to 30% of your adjusted gross income in the year of gift; any unused portion of the deduction can be carried forward for an additional five years.
  • You will not owe capital gains tax on the transfer.
For more in-depth information, please call one of our experts at 800-200-0575.