Real Estate—Outright Gift

Outright Gift of Real Estate Diagram. Description of image is listed below.

How It Works

  1. Transfer title of property to Mather Hospital
  2. Receive income-tax deduction for fair-market value of property
  3. Mather Hospital may use or sell the property

Benefits

  • Income-tax deduction for fair-market value of property based on qualified appraisal
  • Avoid capital-gain tax on appreciation in value of the real estate
  • Relieved of details of selling property
  • Significant gift to Mather Hospital

Contact Us

Matthew Colson
Vice President, Foundation & External Affairs
Tel: (631) 476-2723
Email: mcolson1@northwell.edu

Mather Hospital
75 North Country Road
Port Jefferson, NY 11777

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