Category: real estate

Have you ever heard of the term "reserved tax source"?

If the estate exceeds the tax-free amount, the tax must be paid before inheritance, otherwise the transfer cannot be made.

Many people are forced to abandon their inheritance or raise money from all over because they have no "reserved tax source".

Only by planning ahead and increasing reserved tax sources in a legal manner can you pass on your hard-earned wealth to future generations and avoid your family facing the pressure of huge inheritance taxes.

In life, the one who can help you is your friend, and the one who can help you "a few more times" is your wife!

I am not an insurance agent who only knows how to sell insurance policies, but a consultant who is committed to helping you with asset allocation and legal tax savings.

From insurance license to land surveyor, I continue to study to integrate land, taxation and finance to help people find cash flow and potential assets.

Want to talk about how to maximize your asset benefits? You can read my article or just schedule a time to talk!

If only a part of the house under my name is used for business, can I still register it for personal use?

If part of the house is used for business and the rest is for self-residence, you can still apply for self-use tax rate and tax savings.

Property tax, land tax and real estate tax can all be levied separately according to the proportion of use. The key is to clearly divide the use, declare honestly and apply in time to legally achieve the best of both worlds: "self-residence, business, tax saving and tax exemption".

Is property tax suddenly so expensive this year? In fact, it may be that you just haven’t “moved your household registration”!

Property taxes have become more expensive this year, mostly because the property was not declared as a self-occupied residence, resulting in the non-owner-occupied tax rate being levied.

Property Tax 2.0 has been implemented since 2015, and the tax rate for owner-occupied properties has been reduced to 1%, while the maximum tax rate for non-owner-occupied properties is 4.8%.

If you miss the declaration, the Ministry of Finance has extended the deadline to June 2. Remember to transfer your household registration and apply as soon as possible to enjoy the preferential tax rate.

The wrong person was registered when selling the house, and 4 million tax exemption was lost!

A certain citizen registered his house in the name of his underage son, hoping to enjoy the NT$4 million tax exemption on owner-occupied land and the 10% tax rate concession. However, his son lost his eligibility when he sold the house and was unable to enjoy the concession.

It is reminded that the person who registers the property must be the individual, spouse or minor child, and must have actually lived in the property for six years in order to enjoy the tax savings benefits. It is important to avoid an increase in tax burden due to incorrect registration.

Most plumbers and electricians just need to do it.

After moving into a new home in Yilan, we encountered water and electricity problems. The original owner shirked responsibility and hired a plumber whose workmanship was rough and the connections were improper, resulting in water seepage. Repairs were repeated but to no avail.

I ended up doing the repairs myself and improving the design to avoid future risks of pipe bursts. I lamented the uneven quality and disappointing low professionalism in the plumbing and electrical industry, and it would be better to do it myself.

Trump wants the New Taiwan dollar to appreciate to 13.3. What impact will this have?

Trump proposed the "Mar-a-Lago Agreement," which aims to revitalize the U.S. manufacturing industry by devaluing the U.S. dollar and appreciating the New Taiwan dollar to 13.3 through trade and tariff measures.

If this comes true, Taiwan's stock and housing markets may soar in the short term, but exports will be hit, industries will be hollowed out, and the risk of bubbles will be high, which may lead to a repeat of the tragedy of the hot money boom and financial collapse in the 1980s.

You regret taking out a 40-year mortgage, and you want to sell your property in Xinqing'an but are afraid of the real estate tax?

After applying for a new Qing'an loan to buy a house, I regretted it due to the remote location and unstable job. I considered selling it but was worried about the real estate tax.

In fact, the real estate tax is only levied on profits from price differences. If there is no profit, no tax will be levied.

If the purpose is to relieve pressure, a flat transfer or a small compensation settlement is a more conservative option. It is recommended to consult the real estate agent to find a suitable exit method.

When buying a house, when you look at the total price, is it really the total price?

When buying a house, you can’t just look at the total price. The decoration and renovation costs are the real hidden costs.

Whether it is a new house or a used house, subsequent decoration must be paid for by the individual and is not included in the loan, which often makes people realize that their budget has exceeded the limit after buying the house.

You should estimate the decoration costs when viewing a house and include them in the total cost comparison, so that you can choose an ideal house that truly meets your budget, has a good location and is safe to live in.

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