A gift of land may qualify you and your heirs for reduced income, gift or estate taxes and reduced capital gains taxes. Donating your Wisconsin real estate means bypassing complex sales rules and closing period costs.Important Rate Changes! • Racine County tax begins April 1, 2025. Consider donating the property to the University of Wisconsin Foundation in exchange for reliable payments for life for you (and someone else, if you choose). If you are interested in donating property to Milwaukee Habitat, please fill out this form. You can deduct a part of your medical and dental expenses, and amounts you paid for certain taxes, interest, contributions, and other expenses. In addition, their property may be exempt from property taxes. Find out more about our menu items and promotions today! A budget is a roadmap to plan your finances and keep track of where your money goes.