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.Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.