When real estate property has been held long term, appreciated in value, and is readily marketable, it can make an ideal gift to Suffolk University. There are a variety of ways to give real estate. You can make an outright gift of property, transfer the property and continue to live on it, or give the property and retain an income for life.

Joyce and Kevin R.’s gift of real estate

Joyce and Kevin R. earned their MBA degrees from the Sawyer School of Management and went on to become successful business owners. They acquired a parcel of commercially zoned property as part of a real estate deal. They held on to the property for several years, during which time it appreciated in value. Joyce and Kevin wanted to make it a gift to the Sawyer School of Management, so they transferred ownership of their commercial property to the school.

With this gift of real estate, Joyce and Kevin R. have:

• Received an income tax deduction
• Avoided capital gains tax
• Made a valuable gift to Suffolk University

Please contact the Office of Advancement to learn more about gifts of real estate.