Real Estate—Bargain Sale

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

How It Works

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

 

Contact Us

Office: 573-882-0272
Toll-free: 800-970-9977
Email: giftplanning@missouri.edu

Federal Tax ID Number: 43-6003859

University of Missouri
Gift Planning
407 Reynolds Alumni Center
Columbia, MO 65211

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