Real Estate—Outright Gift

Outright Gift of Real Estate Diagram

How It Works

  1. Transfer title of property to Millikin
  2. Receive income-tax deduction for fair-market value of property
  3. Millikin may use or sell the property


  • Income-tax deduction for fair-market value of property based on qualified appraisal
  • Avoid capital-gain tax on appreciation in value of the real estate
  • Relieved of details of selling property
  • Significant gift to Millikin

More Information

Contact Us

Alumni and Development Office


Millikin University
1184 W Main Street
Decatur, IL 62522


© Pentera, Inc. Planned giving content. All rights reserved.