How does it work?
It's called a charitable bargain sale.
  • You sell us your residence or other property for substantially less than the appraised market value. We pay you in cash.
  • This results in a transaction that is part sale, part gift.
  • You receive an immediate income tax deduction for the value of the gift portion.
  • You pay no capital gains tax on the gift portion.
  • You receive cash to retire a mortgage or for other purposes.