The Charles Carroll House appreciates future gifts made through one’s estate such as gifts of real estate, furniture, artwork, Carroll family memorabilia, or artifacts, heirlooms, or assets/real property. Real estate gifts entitle you to a federal income tax deduction equal to fair market value of the property. Once appraised, you may take this deduction for a portion of your adjusted gross income and any excess over that amount may be carried over for up to five additional years. Check with your personal tax professional for full details.
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