Which way is the most economical for parents' house in Wuhai, Inner Mongolia?

Theoretically, it is the least tax to leave property to children through inheritance. If there is no other consideration, you can wait until your parents die before transferring your property. This process requires only a small registration fee and stamp duty.

After the children have obtained the real estate license through inheritance for five years, if there is no other real estate when they sell the real estate again, they can be exempted from personal income tax and business tax at the same time, and only need to pay a small transaction fee.

Even if the real estate license is issued less than 5 years, it only needs 1% personal income tax and 5.5% business tax, and the total cost is only 97,500 yuan.

The way of inheritance seems simple and natural. However, parents did not inherit when they were alive. After the death of their parents, it is very troublesome to handle the transfer procedures, and the inherited property will generate 20% personal income tax in future transactions. Therefore, the inheritance method is laborious and expensive, and is generally not used.

Second, gifts

Donating the house to the children for transfer: Personal income tax, deed tax and notary fee are required for the transfer of the donated house. There is no business tax on gift transfer, because the gift is considered as a free gift, so the donee needs to pay personal income tax, and at the same time, the gift transfer also needs to pay notary fees.

The gift method is simple and convenient, and the gift between immediate family members only needs to pay stamp duty and deed tax, and the cost is not much. You can use this method if you are considering leaving the property for your own living or renting. However, this method is not suitable in the future, because the donated property will generate 20% personal income tax when trading.

The taxes and fees to be paid for the "gift" of real estate include deed tax, notary fee and registration fee, the most important of which is deed tax, which is 3% of the appraised house price, generally 3% of the market price. The current market price is 6.5438+0.2 million yuan, and the deed tax is 36,000 yuan.

If the children are sold after 5 years of real estate license and are the only houses, they can be exempted from business tax and personal income tax, and only need to pay a small handling fee. If the children sell their houses less than five years after donation, or if they own multiple properties, according to the current operation mode, the children can only pay personal income tax according to the actual collection method, that is, 20% of the transfer income after deducting reasonable expenses, and 5.5% of the transfer income.

Assuming that the future children sell this property at a price of 6.5438+0.5 million yuan, the tax that father and daughter need to pay in the process of changing hands twice may be as high as 400,000 yuan.