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1. Inheritance and transfer
Generally speaking, the method of inheritance transfer can only be applied between relatives, and only if there is an inheritance relationship between the two parties within the scope of the law. For example, the transfer of ownership between parents and children. This transfer method only requires the payment of registration fees, and there are no business tax, personal tax, deed tax and other expenses.
In order of succession, the heirs in line are spouse, parents, and children. The method of inheritance transfer can only be carried out between the heirs in order, so siblings cannot directly adopt the method of inheritance. Only when the heirs in line are missing, the siblings are eligible to inherit.
2. Gift and transfer
In order to avoid the cost of transfer, many people will choose to donate the house to others by way of house gift, but this gift method is more suitable for the real estate certificate.
If it is less than 5 years and is not a house, this method only needs to pay the corresponding deed tax, which exempts other individual income taxes on the transaction.
Sales tax. However, this method of transfer is relatively complicated and expensive, and importantly, a 20% personal income tax is mandatory when the property is re-traded.
3. Sale and transfer
The most common way to transfer the house is the sale and transfer of ownership, which is relatively safe and simple, compared with the way of gifting real estate, the buyer and seller of the sale and transfer enjoy each other's rights and share obligations. Whereas, a gift transfer is a one-way contract in which one party only has rights and the other party bears obligations. In the event of a dispute, it is also more difficult to defend rights.
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Hello, dear, glad to answer for you. Inheritance transfer is the most cost-effective: among the three transfer methods of sale, gift and inheritance, inheritance is the most economical and fast way, because China has not yet levied inheritance tax, and only needs to pay notary fees for inheritance transfer, and other taxes and fees are exempt.
The transfer of real estate within five years is more economical: according to the national policy, parents donating real estate to their children are exempt from business tax and personal income tax, and only pay a notary fee and deed tax accounting for 2% of the total price of the house.
More money is saved for the sale and transfer of real estate for more than five years: According to the national policy, if the property has been purchased for more than five years, it is exempt from business tax and personal income tax, and only needs to pay the deed tax, which is less than the gift transfer to pay a fair fee.
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Summary. Hello, dear, glad to answer for you. Inheritance transfer is the most cost-effective:
Among the three transfer methods of sale, gift and inheritance, inheritance is the most economical and fast way, because China has not yet levied inheritance tax, and only need to pay notary fees for inheritance and transfer, and other taxes and fees are exempt.
Hello, dear, glad to answer for you. Inheritance transfer is the most cost-effective: in the sale, gift, inheritance of the three transfer methods of the tomb, inheritance is the most economical and fast way, because China has not yet levied inheritance tax, inheritance transfer only need to pay notary fees, other taxes and fees are exempt.
According to the national policy, parents donating real estate to their children are exempt from business tax and personal income tax, and only pay 2% of the total price of the house and the deed tax.
More than five years of real estate purchase and transfer is more cost-effective: according to the national policy, if the purchase of real estate has exceeded the bureau for more than five years, it is exempt from business tax and individual register income tax, and only needs to pay deed tax, which is less than the gift transfer to pay a fair fee.
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How to buy and sell the inherited house is the most cost-effective answer; Kiss, inheritance transfer is the most money-saving kiss, the following is some related science. (1) The most money-saving way to inherit and transfer: among the three transfer methods of sale, gift and inheritance, inheritance is the most economical and fast way, because China has not yet levied inheritance tax, and only need to pay notary fees for inheritance and transfer, and other taxes and fees are exempt.
Since inheritance can only be achieved in the event of the death of one of the parents, many parents do not consider this route for the time being. Of course, there are also parents and Sui who think far ahead and plan to write a will to leave the property to their children. I hope my reply can help you, if you have any follow-up questions, please feel free to ask me, I will reply to you as soon as possible.
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Summary. In practice, because inheritance can only be carried out after the death of the inheritor, there are relatively few people who transfer property rights in this way. If the owner of the property did not leave a will during his lifetime, it is defined by law.
If there are many heirs and they want to transfer the ownership to the name of one of them, then the other people who have the right to inherit must declare that they will renounce the inheritance. If the owner of the property left a valid legal document during his lifetime, the appointment of an heir must be a notarized will before the death of the inheritor to be legally valid. Of course, the estate must be the property of the deceased during his lifetime.
Hello dear, inheritance is cost-effective but the conditions are strict.
In practice, because inheritance can only be carried out after the death of the inheritor, there are relatively few people who transfer property rights in this way. If the owner of the property did not leave a will during his lifetime, it is defined by law. If there are many heirs and they want to transfer the ownership to the name of one of them, then the other people who have the right to inherit Cong Chun must declare that they will renounce the inheritance.
If the owner of the property left a valid legal document before his death, the appointment of the heir must be a notarized will before the death of the inheritor. Of course, the estate must be the property of the deceased during his lifetime.
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Buying and selling is more cost-effective. The transfer of real estate gift needs to pay: deed tax, surveying and mapping fee, ownership registration fee, certificate collection fee, notary fee, and then if you need to transfer the property, you need to pay individual income tax and other taxes.
The sale and transfer of real estate needs to pay: business tax (no need to purchase real estate for more than 5 years), deed tax (first time purchase), surveying and mapping fee, personal income tax (transfer at the original price can not be paid), registration fee.
The cost of gift transfer is higher, while the cost of buying and selling transfer is relatively high. Therefore, in the case that the property will not continue to be traded in the future, it is more cost-effective to choose gift transfer and the cost is lower; If there is a possibility that the property will continue to be traded in the future, the sale and transfer is a more cost-effective option.
Documents to be submitted for the transfer of real estate.
1. Application form for real estate transfer registration.
2. Proof of identity of the applicant.
3. Certificate of real estate rights.
4. The decision of the relevant authority, the real estate sales contract, (if notarization is required according to the regulations, the notarized real estate sales contract shall be submitted) or the notarized real estate gift, or the notarized real estate inheritance certificate, or the real estate exchange agreement, or the real estate division agreement.
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