Get Real Estate Evaluation Form

This guide provides a comprehensive overview of how to complete the Real Estate Evaluation Form online. With step-by-step instructions, users can easily navigate through each section to ensure accurate and complete submissions.

Follow the steps to successfully fill out the Real Estate Evaluation Form.

1. Click ‘Get Form’ button to obtain the Real Estate Evaluation Form and open it in the designated online environment.
2. Begin by entering the donor's information in the appropriate fields. Include the donor's name and age to ensure proper identification.
3. Next, indicate the normal charitable gift annuity rate as provided in the form. This should reflect the agreed rate of 8.4%.
4. Input the real estate gift annuity rate, which is calculated as the ACGA rate minus 0.5%, resulting in a maximum rate of 7.0%.
5. Proceed to the planning topics and fill out relevant sections for Plan 1 and Plan 2, specifying the appraised value for tax deduction and any selling adjustments.
6. Record the gross sale price by subtracting any selling adjustment values from the appraised value. Follow the outlined formula to achieve accurate results.
7. Enter selling expenses, including percentages for commissions and other necessary fees. This is critical for a clear understanding of total expenses.
8. Calculate the total cash received by the charity. Deduct total expenses from the gross sale price and fill in the form accordingly.
9. Complete the sections for carrying expenses, adjusting for annuity income paid to the donor prior to the sale, and total cash to fund the annuity agreement.
10. Finally, provide the annual annuity payment details, along with any necessary calculations to determine the annuity rate based on appraisal values.
11. Once all information is accurately entered, you may save changes, download, print, or share the completed form as needed.

Start filling out the Real Estate Evaluation Form online today to streamline your charitable giving process.