Charitable Bargain Sales

CLICK HERE FOR A DETAILED EXPLANATION

How it works

You sell your residence or other property to Texas School for the Deaf Foundation for a price below the appraised market value, resulting in a transaction that is part charitable gift and part sale.

The Texas School for the Deaf Foundation may use the property, but it usually elects to sell it and uses the net proceeds of sale for the gift purpose(s) you specified.

Benefits

• You receive an immediate income tax deduction for the appraised market value of the portion of the property you donated.
• You pay no capital gains tax on the donated portion of the property.
• You can receive cash from the sale portion to retire a mortgage or for other purposes.
• You have the satisfaction of making a significant gift to Texas School for the Deaf during your lifetime.

More

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

To learn more about charitable bargain sales, Email us, complete the Information Request Form, or call us at so that we can assist you.

Texas School for the Deaf Foundation
PO Box 42727
Austin, TX 78704
(512) 462-5328
Email: info@tsdfoundation.org