Real Estate
Donating appreciated real estate, such as a home, vacation property, undeveloped land, or commercial property can make a great gift to The Long Beach Community Foundation.
Gifts of Real Estate
Real Estate
LBCF
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 The Long Beach Community Foundation
How to make a gift of real estate
Your real property* may be given to The Long Beach Community Foundation by executing or signing a deed transferring ownership. You may deed part or all of your real property to The Long Beach Community Foundation. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal. *Gifts of real estate are subject to approval by the LBCF Board of Directors.
Contact us
If you have any questions about gifts of real estate, please contact us. We would be happy to assist you and answer any questions that you have.