Ways to Give to Nevada - Real Estate
Outright gift of real estate:
Most real estate has appreciated faster than the rate of inflation and offers great potential in charitable gift planning. We would be happy to explore with you a gift of a home, vacation property, condominium, undeveloped land, or other real estate in support of the university. Real estate gifts will be credited toward the university at full market value as determined by appraisal if the property is subject for resale.
A real estate gift usually entitles the donor to an income tax deduction for the fully appraised value and in most cases the donor will not pay capital gains tax. All real estate or personal residence gifts are subject to approval by our Foundation Gift Acceptance Committee.
Gift of a personal residence with a retained life estate:
Federal tax law allows you to donate your home or farm to Nevada while retaining the right to live in it for the rest of your life or a term of years. You may also use a vacation home for this kind of gift.
For more information, please contact:
University of Nevada, Reno
Planned Giving
Mail Stop 007
Reno, NV 89557
(775) 784-6622
giving@unr.edu
