Through insurance and land planning, tax sources can be reserved in advance, assets can be magnified, and descendants can avoid giving up inheritance because they cannot afford inheritance tax. Insurance claims enjoy tax exemptions, and real estate disposal can be selected according to the years of acquisition and appreciation potential, through direct inheritance, gift or sale inheritance, to achieve the best tax saving effect. Combined with age, existing insurance policies, and types of property, accurate arrangements can be made to make inheritance safer and the second half of life less worrying.
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.
Taiwan's housing prices continue to rise. Although there has been a slight correction due to the impact of the housing crackdown policy, the overall trend is still upward due to long-term inflation and price indices. Housing prices in both north and south are high, and Chiayi City has become a potential choice. Almost the entire city is designated as an urban planning area, and housing prices are affordable. With the development of high-speed rail and the future entry of TSMC, the potential is significant. However, before investing, you need to evaluate demographic, economic and market risks and make prudent decisions.
Taiwan's housing market is booming and banks' water levels have reached warning levels, causing many buyers to face loan difficulties and may default and lose money. Banks will not lend, waiting will not help, and the contract delivery date may come early. If you are unable to get a loan, you should consider applying for a loan from an institution that is not subject to the restrictions of Article 72-2 of the Banking Law. These institutions have preferential interest rates and are not subject to the 30% water level restrictions to meet your funding needs. If a bank loan fails, alternatives should be quickly sought to avoid the risk of default.
The real estate and land integration tax is a real estate transaction tax implemented in 2015. It is taxed on the actual income from the sale of houses and land. This tax regime applies to real estate acquired after 105 years when sold; short-term transaction tax rates are as high as 35% or 45%. The revised version 2.0 on April 28, 2010 further strengthened the regulations, including heavy taxation on short-term arbitrage, taxation on legal persons, expansion of taxation scope, prevention of tax evasion by claiming land, etc. General households are not affected by this tax at all if they do not sell or make a profit.
When applying for a mortgage, you need to understand the concepts of "grace period" and "extended repayment period." During the grace period, you only need to repay the interest, and after the end, you will also repay the principal and interest. For example, for a 10 million yuan loan, the monthly interest during the grace period is about 15,000 yuan, and the repayment amount after the end is about 42,000 yuan. Extending the repayment period to 40 years will shorten the principal repayment period. Home buyers should evaluate their repayment ability to avoid being deceived by low interest rates, consider additional taxes and decoration costs, and make a rational decision on whether to purchase a home.
Driven by the New Qing'an Loan Plan, the direct housing market prices soared, and many banks approached the lending warning line of 28%, resulting in stricter lending. This is because Article 72-2 of the Banking Law limits the loan limit to no more than 30% of the total amount of deposits and financial bonds. Now buyers are responsible for higher interest rates and down payments. It is recommended to negotiate with the builder in advance to delay payment or change banks to avoid loan failure.
Recently, I often see people asking questions in the ambiguity area: "I bought a Toten Pure for my own use, and I really live in it. Can I open a shop and do business on that floor?" The result is of course, "No!!!"
