Getting
Started: Gifts of Real Estate
Original founders of successful businesses oftentimes hold assets
that are greatly appreciated. In many instances, the basis can be
practically zero.
Does
Your Home Need a New Home?
Your home has anchored your family's life for many years. It has
been a haven, making you feel secure. It has been the scene of many
happy times with family and friends, and now it is more than you
need.
How
You Benefit From Giving Real Estate
If you've owned your home or other real estate for a long time, no
doubt it has increased in value appreciably. What happens if you
sell the property?
A
Strategy to Avoid Capital Gains Taxes
By the time they approach retirement, many people have acquired
assets that have increased in value over time. In addition to
accumulating the typical assets, such as securities and mutual
funds, people often own real estate.
For additional information on gift planning, contact Susan
Damiani, Director of Gift Planning, at (718) 990-7562 or e-mail damianis@stjohns.edu