Securities
Make a gift of Appreciated Securities

Coeur d'Alene Homes gladly accepts publicly traded securities including:
• Stock
• Mutual funds
• Bonds

It's advantageous to give appreciated property because you receive a tax deduction for the current value of the securities and you can avoid the capital gains tax on the appreciation of your securities. To qualify for this double tax benefit, you must have owned the property for more than one year. If your gift is a piece of personal property (i.e. artwork, automobile, equipment), your gift must be related to the mission of Coeur d'Alene Homes in order for you to claim a deduction for the full value of the property.

EXAMPLE: Robert has owned 100 shares of IBM for fifteen years. He purchased the shares for $30 each ($3,000 total). Now they are valued at $80 each ($8,000 total). If he were to sell the shares himself, he would receive $8,000 minus commissions and then pay $750 in capital gains taxes (15% tax on $5,000 gain).

But if Robert transferred the IBM shares to Coeur d'Alene Homes, he would receive an income tax deduction of $8,000. Because Robert is in the 25% federal income tax bracket, the gift will save him $2,000 in federal taxes (25% of $8,000 is $2,000). Plus, he will NOT have to pay the $750 in capital gains taxes because Coeur d'Alene Homes sold the shares. So in total, Robert will save $2,750 in federal taxes ($2,000 plus $750) and the true cost of his $8,000 gift is $5,250 ($8,000 minus $2,750 tax savings).