Webb School of Knoxville
Webb School of Knoxville

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support webb choral students singing and performing in stands

Real Estate—Bargain Sale

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

How It Works

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

Contact Us

Hugh Nystrom '85
Director of Advancement
865.291.3837
Hugh.Nystrom@webbschool.org
Webb School of Knoxville
9800 Webb School Drive
Knoxville, TN 37923
Federal Tax ID: #62-0550980

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