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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 Rochester
  2. Receive income-tax deduction for fair-market value of property
  3. Rochester 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 Rochester

Contact us

University of Rochester
Office of Trusts, Estates & Gift Planning
Box 278799
Rochester, NY 14627-8799
Federal Tax ID Number: 16-0743209

1-800-MELIORA (1-800-635-4672)
Phone: (585) 275-8894
Fax: (585) 276-1986
E-mail: giftplanning@rochester.edu

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Imagine Your Legacy

Address for US Mail:
University of Rochester
Box 278799
Rochester, NY 14627-8799

Address for deliveries requiring a signature:
(FedEx, UPS, etc...)

University of Rochester
Office of Trusts, Estates & Gift Planning
300 East River Road, #117
Rochester, NY 14623

Phone: (800) MELIORA - (585) 275-8894
Fax: (585) 276-1986
Email: giftplanning@rochester.edu

University of Rochester
Federal Tax ID# 16-0743209