If you want to help her that badly and you have the cash to do so, the cheapest option might be to write her a check and write it off as a charitable donation.

If you wish to be charitable you can donate extra profits to tax deductible charitable organizations.

Doesn't cost much and you don't need more than a few dollars to put into it in the beginning.You have to name beneficiares, which could be charitable or individuals.Then as you buy and sell properties inside the trust, you don't need to pay cap gains.Probably worth doing if you are at the $100k in assets or income stage.In theory, your money works harder for you by avoiding cap gains.And, you can withdraw up to $100k per year to pay yourself or pay bills.

I felt charitable since she had recently fell and was going blind from the accident (I know, I need to learn to be compassionate without letting it effect my numbers) and offered her $240,000 for the deal.

Feeling charitable?

Not unless you know some charitable corporation that will let you buy their stock for 10% of the face amount and then let some stranger pay off the remaining 90% of its value over the next 30 years. :-) 

Objective:To invest the proceeds for a steady retirement income and defer capital gains.Issues:To transfer the asset into a charitable remainder unitrust to defer gains, it is necessary to transfer the property into the trust first before the sale.

Go to other places other than REI meetings - like charitable events, etc, where there are other high net-worth, non-real estate people (doctors, lawyers, etc.) 4.

Have you considered making a charitable contribution that could later be written off in your taxes?

In order to simplify the tax code, the framework eliminates most itemized deductions, but retains tax incentives for home mortgage interest and charitable contributions." quoted from treasury.gov