Advice 1: How to account for the sold apartment in a tax

The Federal registration service reports all details of sold and purchased real estate to the tax authorities. Therefore, it is necessary to fill the Declaration, to report the income resulting from the sale of the apartment. In most cases, you will be able to receive benefits and property deductions that will help to significantly reduce the amount of tax.
How to account for the sold apartment in a tax
Go to the accounting Department of your company and take a certificate 2NDFL, which shows all income for the past year. If during this period you have changed several jobs, then you must visit all the organizations to commit all your earnings. If you consist on the account in the employment center or belong to the category of pensioners, proof of income, you do not need.
Collect all the documents of sale: the act of sale, the state certificate of ownership, a receipt of money transfer and the certificate on statement on the tax account. Take on the Declaration form or print it from the Internet. To pass the document both in written and in electronic form. You don't have to visit the tax office, there is a possibility to send a return mail, with a trusted person or telecommunications systems.
Having sold the apartment, which you have owned for more than 3 years, you are exempt from paying tax, regardless of the amount you received. If you've been an owner less than 3 years, then the tax rate is affected by the amount of the transaction. Sale for not more than 1 million rubles is not subject to taxation. For properties sold, you can get a property deduction in the amount of 1 million roubles and to reduce the amount of tax. Having the documents on the purchase of this apartment, you can reduce the amount of tax, because you will need to take into account only the difference between amount of buying and selling. To obtain a deduction you must write the application in any form, and hand it in together with the Declaration in FNS.
Even if you don't have to pay tax on the sale of the apartment, the Declaration must complete and pass before April 30 of the following year.
Useful advice
Tax deduction on the sale and purchase of housing is available unlimited number of times, but no more than once per year. Selling some real estate during this period, you can choose which one you want to reduce the amount of tax.

Advice 2 : How to sell the apartment, located less than 3 years of ownership

Sale, owned less than 3 years, different from any other similar transactions, only one is not the most pleasant for the seller nuance. With the amount of the transaction in excess of 2 million roubles (as of 2011), will have to pay a tax of 13%. If the housing is left for a lesser amount, the tax is not paid, to file a return but still have.
How to sell the apartment, located less than 3 years of ownership
You will need
  • - documents for sale;
  • - the services or resources to place ads on separate sale;
  • - notary services;
  • - Declaration on form 3НДФЛ and a set of documents confirming the receipt of income, payment of tax and transaction amount.
Prepare all the necessary documents for the sale of the apartment. You will need to provide them upon request to potential buyers and representatives of agencies of real estate, if you decide to use their services.
If some of them will be obsolete by the time of sale, make sure that the day of the visit to the notary you had the full set of valid documents.
Go for a consultation in one or several real estate agencies, examine the prices of similar proposals to present to the market price of the apartment and contributing factors.
Sign a contract with the Agency (if it seizes your documents for an apartment, make sure that the contract had been given a deadline of validity within which it shall find you a buyer - usually from 1 month as to whether or not more should think).
Or you can advertise the sale of housing in the media and on the Internet. It still gets into the database of real estate agencies. But you're free to refuse the agent, the terms of which (for example, requirement you fee) you are not satisfied.
Be ready to show interested buyers your apartment, to show documents on it, to answer their questions. Determine for yourself how much of the original price and conditions are ready to give way to bargain will be required).
On the appointed day with the buyer who made a choice in your favor, we will issue the transaction with a notary. Pre-specify when the new owner will be able to enter the apartment, and you release her to collect the money and other important details.
Since the signing of the contract of purchase and sale you have an obligation to the state to declare their income and pay the tax - 13% of the transaction amount in the part exceeding 2 mln. R.
Tax you can transfer using the Bank details that can be found in the offices of the Bank, its tax inspection on the website of the regional Department of the FTS website or FTS service to Fill the payment order".
The inspection must present a Declaration, a statement of tax deduction amounting to 2 mln. R. and all the documents confirming receipt of income and payment of NDFL with it last year.
Useful advice
Option specifying in the contract of purchase and sale of the transaction amount lower than the actual best avoided. This trick is unprofitable for the buyer, since one usually is interested in receiving a tax deduction on the whole amount of the transaction. Besides, it will automatically cut off all buyers planning to use a mortgage (and the majority of transactions in the housing market are with her). Tax authorities with great suspicion will apply to the contract with a sales price significantly below market, which is likely to be fraught with additional problems.
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