Gifts of Real Estate
CLICK HERE FOR A DETAILED EXPLANATION
How it works
You deed your home, a commercial building, or investment property to LA Opera.
LA Opera may use the property for its own purposes, or, more likely, will sell it and use the proceeds for our programs.
Benefits
- You receive an income tax deduction for the fair market value of the real estate, no matter what you originally paid for it.
- You pay no capital gains tax on the transfer.
- You can direct the proceeds from your gift to a specific LA Opera program.
More
- Is this gift for you? Click here.
- Read more detail. Click here.
To learn more about gifts of real estate, Email us, complete the Information Request Form, or call us at (213) 972-7516 so that we can assist you.
LA Opera
135 North Grand Avenue
Los Angeles, CA 90012
(213) 972-7516 | Fax: (213) 972-8049
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