Real Estate—Bargain Sale

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

How It Works

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

More Information

Contact Us

Gretchen Orschiedt
Assistant Head for Advancement
860-408-4260
gorschiedt@ethelwalker.org

 

The Ethel Walker School
230 Bushy Hill Road
Simsbury, CT 06070
Federal Tax ID Number: 06-0689699

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