In simple terms a Bargain Sale or an Installment Bargain Sale allows you to get back your original investment plus a large part of the asset’s appreciation and you leave a legacy, paid for with tax money, you, your children and grandchildren can participate in at Founding Family Charitable Foundation.

The IRS established new rules for the Bargain Sale in 1969. The rules have not changed and are still in place today. The Bargain Sale is only available through 501 (c) (3) tax-exempt organizations, which is Founding Family’s IRS designation. The Installment Bargain Sale is similar to a real estate installment sale and structured settlements, but has several distinct differences. In an Installment Bargain Sale a substantial part of the gain, the difference between what was paid for the property and the current appraised value, is FORGIVEN. An Installment Bargain Sale also creates a substantial TAX DEDUCTION that can be applied against a taxpayers Adjusted Gross Income in the year of the transaction or for up to five years until it is used up.

An important benefit is that a Bargain Sale allows the taxpayer to redirect some of their tax money to Founding Family to take care of the basic needs of orphans around the world, build schools like the school we are building in Dupada India, save babies from abortion in Israel and help Americans adopt orphans by giving them grants of money.

You can combine a Bargain Sale with other financial techniques. If your asset is real estate you can divide the real estate into two pieces, one of which will fund the Bargain Sale allowing you to get cash back or an installment income and the other piece can be a 1031 Exchange for a smaller piece of investment property.

Some possible reasons why you would want to participate in a Bargain Sale with Founding Family are as follows.

1. You would like to leave a legacy for you and your family.

2. You are tired of managing the asset.

3. Your asset has reached its maximum appreciation value and you would like to sell it and also limit taxation.

4. You like the idea of funding your legacy with tax dollars while receiving an income based on a larger principal amount because a substantial amount of your taxes are forgiven outright and part of your principal that would have paid taxes is returned to you through your charitable tax deduction.

5. Your investment asset is earning a low rate of return and by repositioning by using a Bargain Sale you can substantially increase your income.

6. Your life circumstances have changed and you need more income than you planned for.

7. You have an estate tax problem and you realize by using an Installment Bargain Sale only the present value of your Bargain Sale income stream remains in your estate.

8. You have heirs with lifestyle issues that makes you want to provide them with a monthly income they can not squander all at one time.

See our financial brochures by using the links below. If you have further interest or questions email john@FoundingFamily.org .

Donor Advised Brochure

A donor can establish a Donor Advised Account at Founding Family Charitable Foundation, a 501(c)(3) organization. The donor can make suggestions to Founding Family concerning the distribution of the funds and as long as the donor does not have final say or legal control over the distributions, the donor's contributions will be complete and qualify for a charitable deduction, according to the IRS. More...

Property Owners Brochure

The average property owner and investor might not be aware of all the options available to them when they decide to sell their real estate. This brochure explains certain advantageous real estate transactions, which are allowed by the IRS and available to you when you work with Founding Family, a 501(c)(3) non-government organization. As a property owner you can receive many family, social and tax benefits by working with Founding Family Charitable Foundation. When you work with Founding Family you can achieve the highest level of tax benefits because Congress has seen fit to offer special tax relief to Americans working with non government organizations like Founding Family. More...

Tax Brochure

Founding Family offers many Support services that may be of value to you and your family when you start planning how to consume and distribute assets you have set aside for your retirement.

There are two questions that you need to answer in the affirmative before you consult. More...

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