How You Can Help

Real Estate—Bargain Sale

Bargain Sale of Real Estate Diagram. Description of image is listed below.

How It Works

  1. You sell property to DRI for less than its fair-market value—usually what you paid for it
  2. DRI pays you cash for agreed sale price, and you receive an income-tax deduction
  3. DRI may use or sell the property

Benefits

  • You receive cash from sale of property (sale price is often the original cost basis)
  • You receive a federal income-tax deduction for the difference between the sale price and the fair-market value of the property
  • DRI receives a valuable piece of property that we may sell or use to further our mission

 

Contact Us

Office of Gift Planning
jshapiro@drif.org
(800) 321-3437

Diabetes Research Institute Foundation, Inc.
1450 N.W. 10th Avenue, 2nd Floor
Miami, FL 33136

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