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

How It Works

  1. You sell property to Missouri S&T for less than its fair-market value—usually what you paid for it
  2. Missouri S&T pays you cash for agreed sale price, and you receive an income-tax deduction
  3. Missouri S&T 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
  • Missouri S&T receives a valuable piece of property that we may sell or use to further our mission

 

Contact Us

Lara Turek, CFRE
Assistant Vice Chancellor, University Advancement
turekl@mst.edu
(573) 341-6965

University Advancement
107 Castleman Hall
400 West 10th Street
Rolla, MO 65409

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