You sell us your residence or other property for substantially less than the appraised market value. We pay you in cash.
This results in a transaction that is part sale, part gift.
You receive an immediate income tax deduction for the value of the gift portion.
You pay no capital gains tax on the gift portion.
You receive cash to retire a mortgage or for other purposes.
PENN Medicine
Christine S. Ewan, J.D.
Director, Planned Giving
3535 Market Street, Suite 750
Philadelphia, PA 19104-3309
215-898-9486 | Fax: 215-573-2186
E-mail: cewan@upenn.edu
