Warning! Your browser is extremely outdated and not web standards compliant.
Your browsing experience would greatly improve by upgrading to a modern browser.

Maximize Your
Philanthropic Goals

  • Make a difference in people's lives and always be remembered for your contribution
  • Benefit yourself, your family and your community with your planned gift
  • Help The Dallas Foundation meet our community's needs for many years and generations to come
Text Resize
Print This
Email This
Calculate Plan
eBrochure
Contact Us
View Video
Mobile Video Button

Bargain Sale

You may be looking for a way to divest yourself of an appreciated asset while receiving some value in cash and the balance as a charitable deduction. A bargain sale may be the solution. We work with you and your legal and tax advisors to help fulfill your charitable goals while providing maximum tax benefits.

Bargain Sale
Property
Sale Portion
Dallas Fdn
Charity image

Benefits of a bargain sale

  • Avoid capital gains tax on your charitable gift
  • Receive a tax deduction that will reduce your tax bill this year
  • Take the cash received from the sale and reinvest it to create future income, save for retirement, buy new property or achieve other financial goals
  • Help The Dallas Foundation further our important charitable work

How a bargain sale works

  1. Sell The Dallas Foundation your appreciated asset, often real property, for a price less than fair market value.
  2. Receive cash from the sale and a charitable deduction for your gift to The Dallas Foundation (the difference between the market value and sale price).
  3. While you may owe some tax on amount you receive from The Dallas Foundation, the charitable deduction from your gift could offset your taxes this year.

More on bargain sales

A bargain sale may be accomplished even if you have a mortgage on your property. Because relief from indebtedness can have tax implications, please consult with your tax advisor prior to completing a gift of a bargain sale.

Contact us

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.

Print This
Email This
Calculate Plan
eBrochure
Contact Us
View Video
scriptsknown