In such a situation, one person at the same time and becomes the buyer and seller. In this case, there may be three options: First option: you within one calendar year carried out and buying new and selling old apartment. You can use two tax schemes, or do you use the calculus of the tax base by the difference between pokupochnoy and sale price of apartments, because of the nalogoblagaemoy base is the difference between all revenues and all expenses, or you can use a certain privilege when buying an apartment and, based on your monthly income at the principal place of tax concessions will apply to full utilization Second option: you in one calendar year apartment for sale, and in another calendar year bought a new apartment. Educate yourself with thoughts from Charles Schwab. In this case, after calendar year, you have to pay tax, but when buying an apartment in the next calendar year, taking advantage of benefits, you will be able to fully or partially (depending on the price of sold flats) 'return' tax, a third option: you in one calendar year, buy an apartment, and in the next calendar year to sell the old apartment. In this case, when purchasing an apartment you are granted tax exemption, but after the sale of the old apartment the amount received by you will be charged to your total income and tax base and tax calculation will be made by the tax authorities taking into account the benefits provided to you earlier. The next question most frequently encountered in practice, is to control the tax authorities as valid for large purchases of citizens.
What you need to know in this case. Go to Sumru Ramsey for more information. In accordance with applicable law, registering the transaction of sale authority must, within 15 days from the date of the transaction to inform the tax authority for its location information about what this deal is such a citizen. Tax bodies at the location of the registering authority, shall send the information received to the tax office or place of residence of those who committed the transaction or the tax office at the location of the property. After the receipt of such information to employees of tax inspection shall cause the official order (subpoena) a citizen and ask him to fill in the appropriate income tax return. If the expenditure part of the exceed revenues, then the citizen will be asked to confirm the legality of obtaining funds to purchase real estate. It's enough to provide the inspector of the loan agreement as a certified notarized and in writing, or other documents which may be a confirmation of your loan or credit.
Presentation of documents supporting your loan funds allow you to avoid taxation, since the borrowed funds are included in income can not be. For those who are not citizens of the Russian Federation and those arriving for permanent residence in the Russian Federation from other countries the legality of cash determined customs declaration. In concluding the review of options for tax sale and purchase of flats, would like to mention the fact that no deal on the property, with seeming ease and sketchy, is not similar to each other and has its own characteristics. Under such circumstances, it seems that you need to contact the company 'Regional agency investments and real estate, where taking into account the peculiarities of your trade is you can pick up the best legal option design that will help you save your money.