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[[I am planning to donate a lot worth $50.000 for them to use for purchaing a new church building,
also same time sell my rental property which has capital gain about same amount of $50.000. I
have been own them well above 5 years. I am retired now and 15% tax bracket( I think). Am I still
paying capital gain tax? If it is, how much? Thanks a million.]]

That is simply impossiblt to tell. You may have other income or deductions. But you should know that, at best, your charitable deduction can NOT exceed 50% of your adjusted gross income.

So if your only income is the $50k gain on the sale of the rental property, your maximum charitable contribution would be only $25k, with the remainder carried over for the next five years. could get even worse. If the church is planning on SELLING the property in order to raise funds to purchase the church, your charitable contribution will be limited to only 30% of your AGI. So again, if your only income is the $50k from the sale of the property, then your maximum charitable contribution will only be $15,000, with the remainder carried over.

So I would STRONGLY suggest that you get some professional tax assistance with respect to this contribution. I would certainly think that your church will help you with that end of things at no charge to you. That's really normal...I do it for my church from time to time without charge to either the church or the donor.

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