A gift of real estate may enable you to make a significant gift to Oberlin and save on taxes. You can donate a residence, a vacation home, or even undeveloped land.
This is the right gift for you if you:
- Have real estate that is not subject to a mortgage, and which you have owned for at least one year; and
- Want to avoid paying capital gains tax on the transfer of the property
This asset can be designated to: Area of Greatest Need, Scholarships, Professorships, Endowment.