Bargain Sale

How it Works

You sell your residence or other property to William & Mary for a price below the appraised market value — a transaction that is part charitable gift and part sale.
William & Mary may use the property, but usually elects to sell it and use the proceeds of the sale for the gift purposes you specified.

You receive an immediate charitable tax deduction for the discount you took from the appraised market value of your property.
You pay no capital gains tax on the donated portion of the property.
You can receive payment from William & Mary in a lump sum.

If you have any questions about a bargain sale, please contact us. We would be happy to assist you and answer any questions you might have.