Gifts of Real Estate

CLICK HERE FOR A DETAILED EXPLANATION

How it works

  You deed your home, a commercial building, or investment property to GBMC Foundation.

  GBMC Foundation may use the property for its own purposes, or, more likely, will sell it and use the proceeds for our programs.

Benefits

• You receive an income tax deduction for the fair market value of the real estate, no matter what you originally paid for it.
• You pay no capital gains tax on the transfer.
• You can direct the proceeds from your gift to a specific GBMC program.

More

• Is this gift for you? Click here.
• Read more detail. Click here.

To learn more about gifts of real estate, Email us, complete the Information Request Form, or call us at 443-849-3303 so that we can assist you.

GBMC Foundation
6701 North Charles Street
Baltimore,MD 21204
443-849-3303 | Fax: 443-849-3739
E-Mail: JJeppi@GBMC.org