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Charitable Bargain Sale

Bargain Sale Diagram

How It Works

  • You sell your residence or other property to Marie Selby Botanical Gardens for a price below the appraised market value—a transaction that is part charitable gift and part sale.
  • Selby Gardens may use the property, but usually elects to sell it and use the proceeds of the sale for the gift purposes you specified.

Benefits

  • You receive an immediate income tax deduction for the discount you took from the appraised market value of your property.
  • You pay no capital gains tax on the donated portion of the property.
  • You can receive payment from us in a lump sum, or in fixed installments.

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Planned Giving Welcome Our Legacy Society Meet Our Donors
Ways of Giving Goals & Benefits Gifts Anyone Can Make Gifts That Pay You Income Gifts That Protect Your Assets
More Information For Professional Advisors Contact Us