The Foundation accepts real estate gifts, such as a house or other personal residence, ranch, commercial building, land, and income-producing property on a case by case basis. A gift of real estate that you have owned for more than a year may entitle you to the same federal tax advantages available for gifts of securities (a tax deduction for the fair market value of the property) while allowing you to avoid paying capital gains tax. If you wish to donate a personal residence or ranch and choose to live on the property for the rest of your life, you will receive a current tax deduction for the future value of your gift.