DONATIONS OF LAND & REAL ESTATE

ALC will accept gifts of land and real estate including developed property, undeveloped land, or a remainder interest in a personal residence, farm, or vacation home, or gifts subject to a prior life interest.

ALC accepts gifts of approved residential and commercial properties. These properties are then sold and the proceeds used for land protection. You will generally receive an income tax deduction for the full fair-market value of a property you have owned more than one year and completely avoid capital gains tax.

You can donate your residence, vacation home, or farm to ALC, even as you retain full lifetime use of the property. You will receive an immediate income tax deduction for a portion of the fair-market value of your property. You will continue to be responsible for insuring and maintaining the property and for paying property taxes.

All gifts of land require an initial environmental review to ensure that the property is not contaminated, and subsequent approval by the Board of Directors prior to acceptance.

Remainder Interests in Property: ALC will accept a remainder interest in a personal residence, farm, or vacation home subject to property review and Board approval. The donor or other occupants may continue to occupy the real property for the duration of the stated life. At the death of the donor, ALC may use the property or reduce it to cash.

If you think your property has conservation value, or you are interested in learning more about conservation easements, click here.

To learn more, please contact us at plannedgiving@alcnet.org or by phone at (415) 912-3660.