Gifts of Real Estate
Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property can make a great gift to American Farmland Trust.
Benefits of gifts of real estate
- Avoid paying capital gains tax on the sale of the real estate
- Receive a charitable income tax deduction based on the value of the gift
- Leave a lasting legacy to American Farmland Trust
How to make a gift of real estate
Your real property may be given to American Farmland Trust by executing or signing a deed transferring ownership. You may deed part or all of your real property to American Farmland Trust. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal.
Farm Legacy - Your Land is Your Legacy
American Farmland Trust works regularly with owners of farmland and ranchland to help them realize the vision of keeping this vital working land in agriculture in perpetuity. Working with our professional advisor in the Farm Legacy program, we can help you protect your farmland or ranchland, document your intent in your estate plans, and assure that it moves to a next generation of farmers. For personal assistance with your farmland or ranchland, please reach out to:
Farm Legacy Director
Telephone +1 5182815074
If you have any questions about gifts of real estate, please contact us. We would be happy to assist you and answer any questions that you have.
Mortgaged Property - Please contact us if the property you wish to give has existing debt or a mortgage. Indebtedness can affect your charitable tax deduction.
Difficult Property Gifts - Certain properties pose challenges. We have adopted policies to limit the acceptance of certain kinds of real estate. Please check with us before making a gift of real estate so we can explain our gift acceptance policies.
Capital Gains Tax - Check with us on the capital gains tax implications of your gift. You may also be interested in life income options.