Real Estate—Bargain Sale

Bargain Sale of Real Estate Diagram. Description of image is listed below.

How It Works

  1. You sell property to UT Dallas for less than its fair-market value—usually what you paid for it
  2. UT Dallas pays you cash for agreed sale price, and you receive an income-tax deduction
  3. UT Dallas may use or sell the property

Benefits

  • You receive cash from sale of property (sale price is often the original cost basis)
  • You receive a federal income-tax deduction for the difference between the sale price and the fair-market value of the property
  • UT Dallas receives a valuable piece of property that we may sell or use to further our mission

Contact Us

Michael Gute
Director, Gift Planning
972-883-3915
michael.gute@utdallas.edu

 

The University of Texas at Dallas
Office of Development and Alumni Relations
800 W. Campbell Road, SPN 10
Richardson, TX 75080
Federal Tax ID Number: 75-1305566

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