Real Estate—Outright Gift

Outright Gift of Real Estate Diagram. Description of image is listed below.

How It Works

  1. Transfer title of property to EKU
  2. Receive income-tax deduction for fair-market value of property
  3. EKU may use or sell the property

Benefits

  • Income-tax deduction for fair-market value of property based on qualified appraisal
  • Avoid capital-gain tax on appreciation in value of the real estate
  • Relieved of details of selling property
  • Significant gift to EKU

Contact Us

Shelley Ward
Senior Director of Major and Planned Gifts
859.622.8090
Shelley.Ward@eku.edu

Eastern Kentucky University
CPO 19A
521 Lancaster Avenue
Richmond, KY 40475

Federal Tax ID Number: 61-1131682

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