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 Queens College
  2. Receive income-tax deduction for fair-market value of property
  3. Queens College 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 Queens College

Contact Us

Laurie Dorf
VP Institutional Advancement
718-997-3920
laurie.dorf@qc.cuny.edu

Queens College
65-30 Kissena Boulevard
Flushing, NY 11367

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