When selling real estate, the owner strives to get the maximum benefit and reduce the cost of paying taxes. We suggest considering the main tax mistakes that should be avoided when selling an apartment or house.
Inheritance is a common procedure that allows you to take possession of a house, apartment, land plot and any other movable and immovable property. Receiving an inheritance, a person becomes the rightful owner, and has the right to dispose of housing at his discretion: sell, exchange, issue a donation.
Real estate purchase and sale transactions involve some risk for both the buyer and the seller. The buyer wants to be sure that all the necessary documents will be executed in the proper order, and the seller needs to be sure that the buyer is a solvent person. Modern banking instruments are used to protect both sides, the most popular of which is a letter of credit.
The mortgage lending market is actively developing. Banks offer their clients new programs that are more in line with modern realities. And this applies not only to interest, the initial payment, but also the age that entitles you to a mortgage.
Local self-government bodies and regional authorities in the country were given the opportunity to independently enter data on real estate owners into the Rosreestr. From now on, municipalities will be able to analyze information from their own archives, tax authorities, Pension Funds, civil registry offices, as well as
One of the Federal real estate networks of the Russian Federation has proposed to provide citizens with money from the tax deduction in the case of a mortgage loan for the purchase of housing. The amount of such a deduction can be up to 260 thousand rubles. The proposal was submitted for consideration to Marat Khusnullin, the Deputy Prime Minister of the country.
In a few months – in 2022 – citizens of the Russian Federation will have the right to register their own rights to real estate online through the portal of Public Services. This information was reported by Oleg Skufinsky, the acting head of Rosreestr during a meeting with the Prime Minister.
The Cabinet of Ministers of the Russian Federation has submitted to the State Duma a new draft law concerning the land register. According to the document, in the near future a state register will be created in the country, which will reflect information about agricultural land.
Renting an apartment is a common source of additional income. However, the landlord and tenants do not always fix the transaction with the help of a contract. This is often done by owners who do not plan to pay tax on their profits.
Bankruptcy is the only legal method of terminating payments on debt obligations. If the lender and the borrower have not come to a common decision on the repayment of the debt, all valuable property can be confiscated on account of the debt. You can lose not only money savings in bank accounts, but also securities, jewelry, a car and an apartment.