Gifts of Real Estate


How It Works

  • You deed your home, your vacation home, undeveloped property or a commercial building to William & Mary.
  • W & M may use the property for its own purposes or may sell it and use the proceeds.


  • You receive an income tax deduction for the fair market value of the real estate at the time of the transfer.
  • You pay no capital gains tax on the transfer.
  • You can direct the proceeds from your gift to a specific program at W & M.