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Charitable Bargain Sales
(Gift illustration)

How it works

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

K-LOVE may use the property, but usually elects to sell it and use the proceeds of the sale for the gift purposes 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 use cash from the sale portion to retire a mortgage or purchase other property.
  • You have the satisfaction of making a significant gift to K-LOVE during your lifetime.

For more information

Email us, complete the personal illustration form, or call us at 850-455-8081 so that we can assist you through every step of the process.




K-LOVE
5700 West Oaks Blvd.
Rocklin, CA 95765
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