One way to reduce or eliminate capital gains tax on sales of real estate—such as land or a home—is to donate it to Concordia. Real Estate is often an attractive asset to donate. It can be given in many ways: outright, to fund a life income trust, to fund a charitable lead trust, or with a retained life estate. Gifts of undeveloped land also qualify for favorable charitable tax treatment. Such a transaction is not subject to gift tax, and might reduce your taxable estate.