We Exist to Inspire

Providence Day School exists to inspire in its students a passion for learning, a commitment to personal integrity, and a sense of social responsibility.

An independent, college preparatory school, grades Transitional Kindergarten through 12

Real Estate—Bargain Sale

Bargain Sale of Real Estate Diagram

How It Works

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

Next Steps

Back

© Pentera, Inc. Planned giving content. All rights reserved.

Find Us

Providence Day School
5800 Sardis Road Charlotte NC 28270
704.887.6000

Contact/Directions

Connect With Us

powered by finalsite