Fiscal Advise
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When is there transfer tax and when is there VAT?
When is there transfer tax and when is there VAT? When buying/selling a piece of land, a newly built home, an existing home or a home under construction, the question often arises of what taxes need to be paid. Sometimes transfer tax must be paid, sometimes VAT must...
What should you still believe about the housing market?
Over the past few months, we have definitely seen a drop in bids on homes we have sold. The number of viewings has also declined significantly. Mainly due to the rise in interest rates, for a variety of reasons. We have successfully purchased several properties in the...
Which costs are deductible when selling your house?
Cost Deductible or not Sales realtor costs Not deductible Costs for applying for an energy label Not deductible Appraisal costs related to the sale of your home Not deductible Costs for canceling the mortgage after the transfer of ownership Deductible Cost...
What expenses are deductible when you buy a home?
When buying a home, you incur many expenses. The real estate agent, obtaining the mortgage, the notary, the land register, etcetera. But exactly what costs of this are tax deductible? Below you will find a clear overview of the costs that are and are not deductible...
When and how do you get a transfer tax refund?
When reselling your home, you can use the transfer tax 'get back'. The rule is that only transfer tax must be paid on the capital gain of the property if the property gets a new owner within 6 months. Please note that who is entitled to this 'benefit' must you agree...
What costs do you have to take into account when purchasing a home?
Below you will find an indication of the costs involved in purchasing your home. What is striking is that many websites give too rosy a picture of the costs. A real estate agent does not cost € 2000 and a notary does not cost € 500 (source: Hypotheker website). These...