Revealed a way to avoid paying tax when selling a home

Prosecutor Korobov: five years after the purchase, it will be possible to sell an apartment without tax It will be possible to get rid of housing without paying part of the funds to the state after the minimum period for owning real estate, reports the Augustnews portal with reference to the prosecutor of the Samara region Alexander Korobov.

Usually, when selling a home, the owner must pay 13 percent of the difference between the original cost and the selling price of the property. According to Korobov, in order not to pay the fee, it is necessary to take into account the minimum duration of home ownership. According to the Tax Code, the standard period is five years – in most cases, after this time, the owner is exempted from paying funds. However, the term may vary depending on how you purchased your home.

Least of all will have to wait for those who inherited an apartment or as a gift from a relative, under a life maintenance contract with a dependent, or privatized housing – such owners will not be able to pay sales tax three years after purchase. The expert also explained that it is necessary to calculate the minimum period of ownership of an apartment in a new building not from the date of registration of ownership, but from the full payment of the equity participation agreement.

In addition, it is important to pay attention to the cadastral value of the object. If the owner decides to sell the property much cheaper than the amount indicated in the register, then 70 percent of the current cadastral value will be taxed.

Owners who do not have documents to purchase an apartment can reduce the tax, regardless of the length of ownership. In such cases, before calculating 13 percent of the sale amount, one million rubles will be deducted.

Earlier, the Russians were told a way to facilitate the payment of the mortgage. To do this, realtors were advised to apply at work for a tax deduction for the urgent repayment of a mortgage loan, after which the salary will be issued together with personal income tax. To use this method, you only need a certificate from the tax office.

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