Bargain Sale

The University of Arkansas - Fort Smith Foundation purchases your property for less than fair market value. You receive the cash and a charitable deduction for the difference between the market value and purchase price.

How a Bargain Sale Works

1. You sell The University of Arkansas - Fort Smith Foundation your property for a price less than fair market value.
2. You receive the cash from the sale and a charitable deduction for your gift to The University of Arkansas - Fort Smith Foundation (the difference between the market value and purchase price).
3. While you may owe some tax on the amount you receive from The University of Arkansas - Fort Smith Foundation, the charitable deduction from your gift could offset your taxes this year.

Benefits of a Bargain Sale

If you are considering selling your property, a bargain sale will help you meet all of your goals.

• Avoid capital gains tax on your charitable gift.
• The deduction from your gift will give you valuable tax savings that may reduce your tax bill this year.
• With the cash received from the sale, you may then reinvest to create more income for your future.
• Best of all, your gift will help The University of Arkansas - Fort Smith Foundation further its work.