Giving a gift of appreciated real estate to Arms of Hope is a great way to leave a lasting legacy, but there are other benefits for you as well. In addition to ensuring that the lives of children and families in need will be permanently changed for the better, gifts of real estate can help you avoid paying capital gains tax and provide you with a charitable income tax deduction. One family recently chose to give Boles Children’s Home a beautiful piece of property on the Colorado River. Here it is, the perfect weekend getaway. Convenient to Austin, Houston and San Antonio, this stunning 151 acres is located on the Colorado River with about 1,149 feet of river frontage and has an Ag exemption. Enjoy hunting and fishing on your very own country hideaway. Pin Oak Creek, a strong creek, borders the property for about 9,000 feet and flows into the Colorado River. A great variety of trees including some huge pecan trees are in abundance on this land. This perfect place in the country can be yours for $906,000 ($6,000 per acre).
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