Outright Gift of Real Estate Diagram. Description of image is listed below.

How It Works

  1. Transfer title of property to Andwell
  2. Receive income-tax deduction for fair-market value of property
  3. Andwell may use or sell the property

Benefits

  • Income-tax deduction for fair-market value of property based on qualified appraisal
  • Avoid capital-gain tax on appreciation in value of the real estate
  • Relieved of details of selling property
  • Significant gift to Andwell

Contact Us

Leslie Ogilvie
Director of Development & Community Relations
207-330-0777
leslie.ogilvie@andwell.org
Federal Tax ID Number: 01-0227184

Andwell Health Partners
ATTN: Leslie Ogilvie
15 Strawberry Ave.
Lewiston, ME 04240

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