Giving

Planned Giving

Real Estate—Bargain Sale

Bargain Sale of Real Estate Diagram

How It Works

  1. You sell property to Trinity for less than its fair-market value—usually what you paid for it
  2. Trinity pays you cash for agreed sale price, and you receive an income-tax deduction
  3. Trinity may use or sell the property

Benefits

  • You receive cash from sale of property (sale price is often the original cost basis)
  • You receive a federal income-tax deduction for the difference between the sale price and the fair-market value of the property
  • Trinity receives a valuable piece of property that we may sell or use to further our mission

More Information

Contact Us

Shena McNamara Keith
VP of Institutional Advancement
708-453-9374
skeith@trinityhs.org

 

Trinity High School
7574 West Division Street
River Forest, Illinois 60305

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