REAL ESTATE DONATIONS
WQPT
Real Estate Program
As a public media service of Western Illinois University, WQPT PBS actively serves a diverse audience throughout West Central Illinois and the Eastern Iowa region. WQPT PBS and our supporters are committed to providing free access to lifelong learning and entertainment, fostering educational success and cultural competency within our communities.
About Real Estate Donations
WQPT partners with CARS (Charitable Adult Rides & Services) to process donations in the form of real estate assets. Properties in any location, condition, and format are eligible for donation to WQPT. Back taxes, mortgage balances, and deferred maintenance do not prohibit your ability to donate. Our program covers all loans, liens, commissions, and closing costs so long as there is equity in the property.
If you have a land, residential, or commercial real estate asset that is unused or costing you money, consider giving back to the station you love by donating it to WQPT. As a result, you may also be eligible for a significant tax deduction!
How it Works
Start
Step 1
SUBMIT
Understand Your Scenario
Property Information Submitted
Step 2
EVALUATE
Review the Valuation, Liens, Condition, Closing Costs
Donation Purchase Contract Finalized
Step 3
SALE
Identify the Best Sale Method and Go to Auction
Nonprofit-Buyer Purchase Contract
Step 4
CLOSING
IRS Forms Sent, Appraisal, Proceeds to Nonprofit
Deed Recorded
