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  • Impact our future through planned giving

    Impact our future through planned giving

    • Touch the lives of others while creating a lasting legacy
    • Find peace of mind through a wide variety of tax benefits
    • Help the University of Michigan achieve its goals for current and future generations
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Gifts of Real Estate

A gift of your appreciated real property (such as your home, vacation property, vacant land, farmland, ranch or commercial property) can make a great gift to University of Michigan.

Gifts of Real Estate
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Here are some of the benefits you may enjoy

  • Avoid paying capital gains tax.
  • Receive a charitable income tax deduction.
  • Leave a lasting legacy.

How you make a gift of real property

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

Can you make a gift of mortgaged property?

Please contact us if the property you wish to give has existing debt or a mortgage. Check with us on the capital gains tax implications of your gift. You also may be interested in life income options.

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The University of Michigan has 501(c)(3) non-profit tax exempt status; our federal tax ID number is 38-6006309.

Copyright © 2017 Regents of the University of Michigan
The University of Michigan Office of Development, 3003 South State Street, Suite 9000, Ann Arbor, MI 48109-1288

© 2017 Crescendo Interactive, Inc. PRIVACY STATEMENT
This site is informational and educational in nature. It is not offering professional tax, legal, or accounting advice.
For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.