Immovable property inheritance

Explain the integrated house and land sales tax 2.0

Impacts on the future housing market

Earlier, we explained the impact of integrated house and land sales tax 2.0 on the future housing market. This time we will focus on the role of real estate in the inheritance of family wealth and why donating a house is more cost-effective than giving cash. In addition to the presentation, we will also tell which real estate inheritance methods:

Gift

【Applicable tax】

Gift tax, land appreciation tax, deed tax

【Advantage】

Can be passed down instantly

【Disadvantages】

Selling in a short period of time requires payment of high integrated house and land sales tax

Inheritance

【Applicable tax】

Inheritance tax, deed tax

【Advantage】

The process is relatively simple, everything is allocated according to the law

【Disadvantages】

Designated inheritance of Immovable property must be planned in advance

Transaction

【Applicable tax】

land appreciation tax, deed tax

【Advantage】

No legacy tax issues

【Disadvantages】

If the child has no cash on hand to complete the transaction

It can’t be passed down instantly

Organizer

International Chinese Inheritance Association

Co-organizer

Timeless International Family Office