The Tax Agency notifies all those who own a home

by time news

2023-07-08 09:00:00

The Treasury warns homeowners of the tax obligations they have in case of selling your property. The payment of the municipal capital gains would be one of them and inform the Tax agency of a possible capital gain in the transmission via a forthcoming statement of incomeother.

However, there are cases in which the sale of a house will be exempted from paying IRPF. Thus, those who allocate the money from that sale to pay for the purchase of another house in the two years immediately before or after said operation, will be able to enjoy an exemption for reinvestment in housing, as long as both the property sold and the one purchased were the habitual residence and that they have resided in it for at least three years, except in the event that the change of residence is justified.

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Another case in which an owner can get rid of paying personal income tax for the sale of your home affects those over 65 years of age. In the event that members of this group decide to part with their habitual residence and, even if they do not reinvest the proceeds in a new purchase, they will not have to pay the Treasury for it. If what they sold was a second home, they could also enjoy a tax exemption if the money obtained in the operation is used to constitute a life annuity equal to or less than 240,000 euros, having to pay taxes for any amount that exceeds that limit.

dations in paymentthat is, the delivery of a home that an owner must make to a bank in the event of not being able to meet the contracted mortgage, is not subject to payment to the Treasury either.

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