Gifts of Real Estate

Fallingwater steps

Depending on your financial situation, gifts of debt-free real estate are deductible at the full, fair market value on the day of the gift. Even better, there is no capital gains tax on the appreciation. Although an appraisal is needed to support your income tax deduction, you avoid the typical costs and delays associated with selling real estate.

Real estate that meets Fallingwater's conservation objectives will be preserved in its natural state. Land used for agriculture and timber production can be preserved for those uses. Other real estate, including homes, lots and commercial property, will be sold and the proceeds will benefit our conservation efforts.

Please Note: If you are considering a gift of land, we request that you notify us in advance so that we may discuss your intentions and ensure that your gift is handled according to your wishes.

For more information, please contact us at 412-586-2336 or development@paconserve.org.