What is it in the area of ​​property?

Real estate sale is a way to sell real estate for profit and fully or partially postpone paying taxes from this profit until the following year. This means that the buyer carries out annual installments, if necessary with interest, the seller to be a taxable income for the following year. While the sale of real estate is a frequent way of sales in the real estate market, it is only available for the use of individual buyers and sellers and is generally engaged in investment real estate. For example, if the seller receives a 30 % deposit for a real estate in a given month, he will not receive another installment until the following year. This means that the only tax liability is the 30 % advance, which was adopted for the current tax year. Another benefit for the seller is that if they owned the property for more than one year, their capital revenue tax will be lower than if it owned less than one year.

is a mineBeing aware that if a person decides to sell their assets using this type of contract, they are both the creditor and the seller. This means that there is no involvement of banks and that the seller should be sure that he can afford to make this type of sales rather than being paid in one lump sum. Ups is that it can be more attractive for potential buyers more attractive.

For the Buyer in the sale of real estate installment, it is necessary to realize two possible benefits. The first is that because the seller is also a creditor, they decide on the necessary qualification of the buyer. This may be beneficial for the buyer because the seller has the ability to be more flexible than the Should Bank to do so. The second advantage that the buyer should be aware of is that the property may be more accessible for them in the sale of real estate installments.

If the seller enjoys the use of real estate installment sales, they should consult a tax specialist and possibly with a law hinderCEM real estate, so they do not experience any unexpected pitfalls due to complicated problems or conditions associated with this type of sale. The seller should also know that for the sale of real estate in the sale of real estate installment must own the property directly.