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780 Ridge Road, Lackawanna, NY 14218

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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 Our Lady of Victory Homes of Charity.

Gifts of Real Estate
Real Estate
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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 Our Lady of Victory Homes of Charity

How to make a gift of real estate

Your real property may be given to Our Lady of Victory Homes of Charity by executing or signing a deed transferring ownership. You may deed part or all of your real property to Our Lady of Victory Homes of Charity. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal.

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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.

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victory remembrance society

Throughout our history, bequests have played an integral role in shaping the future of OLV Charities. Our Victory Remembrance Society honors those individuals and families who have put our organization in their estate plans.

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