Real Estate—Bargain Sale
How It Works
- You sell property to the Arboretum for less than its fair-market value—usually what you paid for it
- the Arboretum pays you cash for agreed sale price, and you receive an income-tax deduction
- the Arboretum may use or sell the property
Benefits
- You receive cash from sale of property (sale price is often the original cost basis)
- You receive a federal income-tax deduction for the difference between the sale price and the fair-market value of the property
- the Arboretum receives a valuable piece of property that we may sell or use to further our mission
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Which Gift Is Right for You?
Contact Us
The Morton Arboretum
Development Office
(630) 725-2146
legacygiving@mortonarb.org
The Morton Arboretum
4100 Illinois Route 53
Lisle, IL 60532