Real Estate

Appreciated real estate—such as a home, vacation property, undeveloped land, farmland, ranch, or commercial property—can make a great gift to Purdue.

How you benefit

  • You avoid paying capital gains tax on the sale of the real estate
  • You receive a charitable income tax deduction based on the value of the gift

How it works

Your real property may be given to Purdue by signing a deed transferring ownership. You may deed all or part of your real property to Purdue. Your gift amount will generally be based on the property’s fair market value, which must be established by an independent appraisal.

Questions?

Contact the Office of Planned Giving at 765-494-2727 or plangift@prf.org.

Additional information

Please contact us if the property you wish to give has existing debt or a mortgage. Indebtedness can affect your charitable tax deduction. We have adopted gift acceptance policies to limit the acceptance of certain types of real estate, and we encourage you to please check with us before making a gift of real estate. If you are interested in life income options or would like information on the capital gains tax implications of your gift, please contact us.