Gifts of Real Estate
Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property can make a great gift to Millsaps College.
Gifts of Real Estate
Real Estate
Millsaps
Benefits of gifts of real estate
- Avoid paying capital gains tax on the sale of the real estate
- Receive a charitable income tax deduction based on the value of the gift
- Leave a lasting legacy to Millsaps College
How to make a gift of real estate
Making a gift of real property may be given to Millsaps College includes executing or signing a deed transferring ownership. You may deed part or all of your real property to Millsaps College. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal.
Contact us
If you are interested in this type of gift, Millsaps has specific policies in place for accepting gifts of real estate. Please contact us. We will be happy to assist you and answer any questions that you have.
