Gifts of Real Estate
How It Works
- You deed your home, vacation home, undeveloped property, or commercial building to Glenelg Country School.
- Glenelg Country School may use the property or sell it and use the proceeds.
Benefits
- You receive an income tax deduction for the fair market value of the real estate.
- You pay no capital gains tax on the transfer.
- You can direct the proceeds from your gift to support the overall mission of Glenelg Country School.
Next
- You can donate your property yet continue to use it.
- More details about gifts of real estate.
- Frequently asked questions on gifts of real estate.
- Contact us so we can assist you through every step.
An independent school serving students from age 2 through grade 12 in Howard County, Maryland.
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