If you own appreciated property you can avoid capital gains tax by gifting the property to ALNC
Your property maybe gifted to ALNC by signing a deed transferring ownership to ALNC
Here are some of the benefits:
• Avoid paying capital gains tax
• Receive a charitable income tax deduction
• You may deed all or part of your property
• You may enjoy a charitable income tax deduction.
• You gift will usually be based on the property’s fair market value
• You may avoid paying income tax
• You will help the needy children of Carlsbad, Oceanside and Vista.
Should you have questions about making one of these gifts please contact:
Pam Whitaker: (760 845-9196) or pam@alnc.org