Real Estate—Bargain Sale

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

How It Works

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

 

Contact Us

Julia Ramos
Manager, Donor Services
Queen’s Philanthropy
(808) 881-4420
QueensPhilanthropy@queens.org

The Queen’s Health Systems
ATTN: Philanthropy
PO Box 3445
Honolulu, Hawaii 96801-3445
Federal Tax ID Number: 99-0238120

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