Answers to Your Prospects' Questions: Charitable Bargain Sales

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	1.	What are the benefits of a charitable bargain sale? The difference between market value and the purchase price is your gift, for which you'll receive a charitable deduction. You pay no capital gains tax on the donated portion of the property. With one transaction, you can take cash out of an asset and make a significant gift to us. You can apply a lump-sum payment from us toward the price of another property or the entry fee for a retirement facility. You can use installment payments from us as supplemental retirement income.
	2.	What if the property has a mortgage or other lien on it? Debt should be paid off before the gift is complete. If we assume the mortgage, the IRS considers that a taxable benefit to you.

What are the benefits of a charitable bargain sale?