Real Estate Gift Programs
What Can Be Donated
Almost any type of real estate, domestic or international, can be donated. Some examples of properties that can be offered for donation are listed below.
Donations of residential real estate can include:
- Single-family homes
- Apartments
- Condominiums and cooperatives
- Second homes
- Vacation homes
- Undeveloped land
Donations of commercial property can include:
- Office buildings
- Warehouses
- Farms/Farmland
- Apartment buildings
- Mixed-use properties
- Self-storage facilities
- Multi-family homes
- Manufactured housing
- Shopping centers
- Undeveloped land
- Industrial property
- Hotels, motels and resort properties
- Recreational properties, such as golf courses
Note that the tax rules applied here assume that the contribution is property that is not held as inventory. The contribution of property that is held as inventory may be subject to different rules.
