Gifts of Real Estate
Donating real estate — such as a home, vacation property, farm, or undeveloped land — can be a transformational way to support the mission of K-LOVE. It's a powerful opportunity to give from your assets, reduce taxes, and leave a lasting legacy of faith.
Why give real estate?
For many, real estate is one of their most valuable assets. Gifting property to K-LOVE may allow you to avoid capital gains tax, reduce your estate tax burden, and make a significant impact — all while maintaining good stewardship of what God has provided.
Benefits of giving real estate
- Avoid capital gains tax on appreciated property
- May reduce estate taxes
- Receive a charitable income tax deduction
- Make a substantial gift without impacting your cash flow
- Help sustain K-LOVE's ministry into the future
Ways to give real estate
- Outright gift: Donate the full interest in your property and receive an immediate deduction
- Retained life estate: Donate your home but continue to live there for life
- Through a trust: Use a Charitable Remainder Trust (CRT) to generate income and leave the remainder to K-LOVE
- Bequest: Name K-LOVE as a beneficiary of your property in your will or trust
How it works
- You transfer ownership of real estate to K-LOVE or a qualified charitable entity.
- We coordinate with professionals to review the property and determine its suitability.
- You receive a charitable deduction for the fair market value.
- K-LOVE may sell the property and use the proceeds to advance its mission.
All gifts of real estate are subject to review and acceptance by K-LOVE and must be free of environmental or title issues.
Is a real estate gift right for you?
This type of gift may be a good fit if you:
- Own appreciated property you no longer need or use
- Are seeking to simplify your estate
- Want to avoid the burden of property maintenance or taxes
- Desire to make a meaningful gift from your assets, not just income
We encourage you to work with your financial advisor or estate attorney. Our team is happy to collaborate with your professionals to explore the best approach for your situation.
Contact us
Please contact us if you're considering a gift of real estate. We'd love to walk you through the process and help ensure your gift reflects your heart for ministry.
