Real Estate—Outright Gift

Outright Gift of Real Estate Diagram. Description of image is listed below.

How It Works

  1. Transfer title of property to Reading Hospital Foundation
  2. Receive income-tax deduction for fair-market value of property
  3. Reading Hospital Foundation may use or sell the property

Benefits

  • Income-tax deduction for fair-market value of property based on qualified appraisal
  • Avoid capital-gain tax on appreciation in value of the real estate
  • Relieved of details of selling property
  • Significant gift to Reading Hospital Foundation
Special Note: Please contact us to share your intent with regards to the property, and we will assist you with the details.

More Information

Contact Us

Tony Balistrere
Director of Development
484-628-5126
tony.balistrere@towerhealth.org

 

Reading Hospital Foundation
ATTN: Tony Balistrere
PO Box 16052
Reading, PA 19612

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