Contributing property after your lifetime or when it is no longer needed can be a game-changing gift. A donor can make a Gift of Real Estate to the United Methodist City Society, removing a large taxable asset from their estate and benefit by receiving an income tax deduction equal to the appraised fair market value of the property, with no capital gains tax due on the transfer. The United Methodist City Society can then sell the Gift of Real Estate or keep it for its own use.
Disclaimer: A copy of our most recently filed financial report is available from the Charities Registry on the New York State Attorney General’s website at www.charitiesnys.com or, upon request, by contacting the Charities Bureau, 28 Liberty Street, New York, NY 10005, or us upon request, by contacting us at 475 Riverside Drive, Suite 1922, New York, NY 10115 or by calling (212) 870-3084. You may obtain information on charitable organizations from the New York State Office of the Attorney General by calling (212) 416-8401.