Real Estate
A gift of a primary residence, second home, farm, or land to 艾可直播 College allows you to benefit from a range of financial benefits while touching the lives of tomorrow鈥檚 students.
How It Works
- Outright gift: Donate all or a percentage of your property to BC now. You鈥檒l receive a charitable deduction for the property and eliminate capital gains tax.
- Retained life estate: Transfer ownership of your property to BC now, but retain use during your lifetime. You鈥檒l receive an income tax deduction while still living in your home or earning rental property income. If you make home improvements that increase the value of the property, you could qualify for additional deductions. After you pass, BC will take possession of the property and the proceeds of the sale of the assets will support programs of your choice.
- Charitable remainder trust: Fund a trust with your property and receive an income stream for life or a term of years. At the passing of the named beneficiaries, BC receives the remainder of the gift to support a program of your choice. You鈥檒l also receive an charitable income tax deduction and reduce capital gains tax.听You鈥檒l also receive an charitable income tax deduction and reduce capital gains tax.
- Bequest: Leave your property to BC in your will or trust.
Next Steps
- Contact the Office of Gift Planning to find out if your property is eligible.
BC鈥檚 legal name, address and tax ID:
The Trustees of 艾可直播 College
140 Commonwealth Avenue
Chestnut Hill, MA 02467
Tax ID 04-2103545
AT A GLANCE
WHO
- Anyone who owns property
WHAT
- Real estate
WHEN
- Now
- After death
WHY
- Reduce or eliminate capital gains tax
- Reduce estate tax
- Receive a charitable deduction
- Support BC at a level you didn鈥檛 think was possible
- Become a member of the Shaw Society
听
How Can We Help?听
We're here to partner with you if you have any questions. Feel free to reach out to us directly or fill out the form.