Donating real estate, such as a personal residence, vacation home, or undeveloped property, can be a highly effective philanthropic and financial strategy. By contributing all or part of your property to Chai Lifeline, you may reduce capital gains tax or receive a tax deduction for the appraised value.
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Through a Real Estate Bargain Sale, you can sell your property to Chai Lifeline below its fair market value, receiving immediate cash and a charitable tax deduction for the difference. This option may also be available for properties with existing mortgages.
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