Gifts of Real Estate

Land of all kinds makes an ideal gift to the University of Idaho. Gifts of commercial property, vacant land, farmland, timberland, and personal or vacation residences have all been made to the University of Idaho over the years. On limited occasions, such land is used by the University in support of its ongoing mission. More often, it is marketed and sold. You get gift credit and an income tax deduction based on the full, appraised value of the property. You also get insulation against the capital gains tax on the appreciation in its value over the years you have held it. And, you have the assurance that the gift will be used in the way you have directed.