When dealing with second-hand houses, what is the difference between two years and five years?

For second-hand housing transactions, the value-added tax will be reduced for two years and five years, but if the owner sells the only house, the personal income tax will be reduced for five years 1%, and there is no difference in other aspects.

Second-hand houses were exempted from 5.6% business tax for five years, but now they are exempted from 5.6% business tax for two years.

Second-hand housing transfer is charged according to the local tax guidance price, according to the following proportion:

Below 90 flat, deed tax 1%, above 90 flat, deed tax1.5%;

The value-added tax is about 4.76%, which can be reduced or exempted after 2 years;

Personal income tax 1%, which proves that it is the owner's only house for 5 years and can be reduced or exempted;

The above is the first suite, the area of the second suite is less than 90 square meters, the deed tax is still 1%, and it is 2% above 90 square meters. Everything else is the same; For three suites and above, the deed tax is levied at 3%.

Extended data:

How to avoid the risk of second-hand housing transaction

1. When signing a house purchase contract with the owner of a second-hand house, the buyer should consider the possible hidden dangers caused by factors such as rising house prices in advance, stipulate the liability for breach of contract, and go through the transfer formalities as soon as possible to avoid the other party's remorse.

Before buying a house, the buyer should fully understand the various procedures required for the sale of the house. It is best to choose professionals to provide legal advice and then sign the contract carefully.

3. When signing the house purchase contract, the buyer shall ask the other party to provide the certificate that ensures the right to dispose of the house sold or the certificate that the husband and wife and other people agree to dispose of it.

4. Buyers and sellers of second-hand houses should choose formal intermediary agencies when trading, and agree on the contents agreed by both parties in writing.

5. In order to know the real situation of the purchased house, buyers should know the situation from the property, neighbors and developers before buying a house, and it is best to go to the scene to see the house and make a written agreement on how to bear the responsibility for quality problems.

6. The law clearly stipulates that houses built on rural homestead cannot be listed and traded, and it is suggested that urban residents should not buy such houses, which are not protected by law.

References:

Second-hand Housing Transaction-Baidu Encyclopedia