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Real Estate—Outright Gift

You receive a charitable income-tax deduction for the full fair-market value of the unencumbered real estate. You may apply the deduction up to 30% of your adjusted gross income—in the year of the gift—with the five-year carryover provision. You avoid capital-gain tax on the appreciation you have in the property, and there are no gift taxes. Because you have removed the property from your estate, you may also reduce your estate taxes.

Contact Us

Greg Carter
Director of Advancement
860-927-6279
carterg@kent-school.edu

Kent School
1 Macedonia Road, PO Box 2006
Kent, CT 06757

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Kent School is an equal opportunity employer and is committed to maintaining an inclusive and respectful environment for employees and students that is free from discrimination.  Consistent with specific protections under federal, state, and local laws and regulations, Kent School will not tolerate discrimination against students or employees based on race, color, ancestry, national origin, religious creed, sex (including pregnancy, childbirth, breastfeeding and related medical conditions), disability (including present or past physical, mental, learning and intellectual disabilities), age, genetic information, marital status (including civil unions), sexual orientation, gender identity or expression, or any other characteristic protected by law (the “Protected Characteristics”).​