Why buying real estate is an inheritance measure?
The reason why changing inherited assets to real estate is an inheritance tax measure is that there is a difference between the market value and the inheritance tax valuation.
By lowering the inheritance tax valuation amount attached to each land and building below the market value, it is possible to reduce the amount subject to inheritance tax.
Land is calculated based on the index of inheritance tax land price set by the National Tax Agency, and it is set at about 8% of the market price, so it is 2% cheaper than cash.In addition, if there are special cases such as small-scale residential land or if there is a rental property on the land, it is called a rental house construction land, and the amount will be reduced by about 2% compared to the case where you can do it yourself.As a result, the inheritance tax valuation is calculated to be about 4% lower than the market value, so real estate investment is said to be an inheritance tax measure.
1. Since the land price decided by the National Tax Agency is the evaluation standard, the land evaluation value is about 2% lower than the land price actually paid!
2. The valuation of the building is halved up to the valuation of fixed assets!
3. If you rent it, the evaluation value will be further reduced by XNUMX%!
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Real estate investment columnWill real estate investment for inheritance tax increase the taxable amount?Understand how taxes work so you don't failThe reason why changing inherited assets to real estate is an inheritance tax measure is that there is a difference between the market value and the inheritance tax valuation.Inheritance tax evaluation attached to each land and building ...
Excellent real estate investment as a tax-saving measure
The main expenses of real estate are depreciation, management, property tax, city planning tax, fire insurance, earthquake insurance, repair reserve, and interest on borrowings.
By recording these as expenses, it will lead to saving residence tax and income tax.In particular, depreciation costs are expensive over many years, so the amount is large and it is a point that cannot be overlooked.
In the case of inheritance, taxation is calculated on the property valuation amount, and in the case of inheriting cash of 5000 million yen, 5000 million yen will be the property valuation amount as it is.However, when inheriting as real estate, the real estate valuation is evaluated from the land price and the property tax valuation for the building, and the land is often evaluated at 4-6% and the building is evaluated at about 5000%. ..For example, a real estate of 2000 million yen is evaluated at about 3000 to XNUMX million yen, which is the reason why it is said that the same amount of real estate will have a tax-saving effect when inheriting or gifting.
1. Inheritance tax and gift tax are proportional tax rates of 10 to 55% according to the amount of valuation to the real estate valuation according to the property valuation basic notification.
2. If you inherit 5000 million yen in cash, 5000 million yen will be the property evaluation value, but if you make real estate, you can compress it to about 2000 to 3000 million yen!
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Real estate investment columnTax saving is one of the attractions of real estate investment.Explain income tax, inhabitant tax, inheritance tax, etc. that can save tax!Expenses are the key to saving taxes.According to the National Tax Agency's website, expenses can be recorded as "housework among the expenses directly required to earn real estate income ...
As long as it is an investment, there are risks ... It is dangerous to buy expensive properties without knowledge!
Real estate investment is a tax-saving measure, but risks must also be considered.Income tax and inhabitant tax will be levied if you make a profit from rental management, and if it gets old, it will cost too much repair costs and it will be difficult to make a profit.
One thing to keep in mind is that if you inherit an old, dilapidated apartment, you may need to pay for repairs, such as remodeling, to turn it into a profitable property.Even if the inheritance tax is cheaper, be careful if the remodeling cost is higher.If you want to inherit such real estate, you need to get a quote from the contractor in advance and include the remodeling cost in the operation plan.
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Real estate investment columnDifferences in perceptions and risk aversion that are common to those who want to start investing in real estateReal estate investment requires a large amount of budget compared to other investments, but if you can meet a good property / real estate company, you can expect professional support ...