Real Estate

Real estate is a very common gift to The Church of Jesus Christ of Latter-day Saints and its affiliated institutions. By giving real estate to the Church, you can fulfill your charitable objectives and do the following:

• be relieved of property and management responsibilities
• time the gift to take advantage of market value
• receive an immediate income tax deduction
• avoid capital gains taxes (if the property were otherwise sold)
• reduce the size of your estate

Real estate can also be used to make a planned gift to the Church or one of its affiliated institutions through various gift planning tools, including the following:

• a will or revocable trust
• a charitable remainder trust (providing income to you for life as well as tax benefits)
• charitable lead trusts (providing annual income to the Church for a period of years, following which the trust assets may be transferred to your heirs)

A gift of real estate may come in a variety of forms, including commercial real estate, a personal residence, a farm or ranch, or unimproved property. See below a link to each type of real estate, providing additional details and information regarding specific features of each as well as the tools available to make a gift that will best fit your individual circumstances and goals.