Real Estate—Bargain Sale

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

How It Works

  1. You sell property to Vanderbilt for less than its fair-market value—usually what you paid for it
  2. Vanderbilt pays you cash for agreed sale price, and you receive an income-tax deduction
  3. Vanderbilt 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
  • Vanderbilt receives a valuable piece of property that we may sell or use to further our mission

Contact Us

Vanderbilt University
Office of Gift Planning
PMB 407756
2301 Vanderbilt Place
Nashville, TN 37240-7756

615-343-3113 or
Toll Free 888-758-1999
plannedgiving@vanderbilt.edu

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