Other Options with Real Estate
Real Estate can be a great asset for charitable giving. Life income options are shown in giving and generating income. Here are two other gift types to consider.
Donate your home, farm or a second home to Deerfield and receive an immediate income tax charitable deduction, while retaining the right to live in your home for the rest of your life. If you itemize your deductions instead of taking the standard deduction you could save significant income taxes. If you cannot use your entire deduction in the year of your gift, you may carry forward all unused deduction for up to five additional years if you are able to itemize in each of those years.
Receive immediate cash and make a gift to Deerfield Academy by selling to us a valuable asset, such as real estate, for less than it is worth.