Bargain Sale
What Is the Value of Your Property
Today?
Today?
Use slider bar to select the fair market value of your property.
What Did You Pay for Your Property?
Use slider bar to select your purchase price (cost
basis).
What Is the Sale Price?
Use slider bar to select the sale price.
DOLLARS
45
55
65
75
85
95
105
115
125
135
145
155
min
min
min
min
min
min
min
min
min
min
min
min
Our Payment
to You:
to You:
$295,000
Your Potential Charitable Income Tax Deduction:
$130,000
Your Potential Capital Gains Tax:
$44,353
This assumes
the property is
debt-free.
the property is
debt-free.
Deductible up to 30% of your adjusted gross income for appreciated property owned for more than one year.
Unused amount may be carried over for up to five additional years.
Unused amount may be carried over for up to five additional years.
This is based in part on a long-term capital gains tax rate of 15% on the "sale" portion of your gift.
Please note that the green bars are displayed using a percentage value, rather than a numeric value.
Copyright © The Stelter Company, All rights reserved.The information in this illustration is not intended as tax or legal advice. For tax or legal advice, please consult an attorney or CPA.
Figures cited in examples may not reflect your personal circumstances, are for hypothetical purposes only and are subject to change.
References to estate and income tax include federal taxes only. State income/estate taxes or state law may impact your results.