Bargain Sales
In a bargain sale, Medical Teams International purchases an asset from you at a bargain price, in other words, for an amount less than the asset’s full value. Bargain sales usually involve real estate or other assets not divisible into readily marketable units.
If you want to contribute an asset to Medical Teams International but cannot afford to make an outright transfer, you may want to consider a bargain sale.
Tax benefits:
- You will receive an income tax deduction for the difference between the price paid and the asset’s full value.
- Only a portion of any gain will be taxed.
Read an example of a bargain sale.
If you have questions, please contact Linda Ranz at 425.284.1941 or lranz@medicalteams.org.
| The information on this Web site does not constitute legal, financial, tax or estate planning advice and
should not be relied upon as a substitute for such advice. Medical Teams International encourages you to
seek the counsel of your own professional adviser as you determine how to proceed. | |