If you have plenty of money, many people will choose to invest. Investing in real estate is also an investment channel for many people. Real estate must be very popular in recent years. This is about the problem of the second house. What taxes do the second house need to pay? How much is the down payment for the second suite?
How much tax does it cost to buy a second suite?
The main taxes include deed tax, business tax, personal income tax, land tax and stamp tax. Hurry, according to the situation of the house you buy, not all taxes have to be paid. According to the regulations, not all taxes are paid by the buyer, but you know, they are all paid by the buyer:
1. The deed tax shall be paid by the buyer at 3% of the total transaction amount. Ordinary houses with an area of less than 90 square meters for the first time can be paid at a preferential rate of 1%, and ordinary houses with an area of more than 90 square meters (including 90 square meters) for the first time can be paid at a preferential rate of 1.5%.
2. The tax rate is 5.6%, which shall be paid by the seller. According to the new policy just issued, ordinary houses with a full 2 years are exempted, and non ordinary houses with a full 2 years are levied according to the transaction difference multiplied by the tax rate. Here, the transaction difference refers to the online signing price of this house minus the online signing price of the last transaction of this house.
3. Personal income tax shall be levied at 20% of the transaction balance (quite high tax rate) and paid by the seller. The only house for five years is exempted. The so-called only house for five years is the only house for the seller according to the family.
4. Stamp duty, the buyer and the Seller shall pay 0.05% of the total transaction amount, and ordinary houses shall be exempted.
5. Land tax shall be paid by the seller at 1% of the total transaction amount, exempted for ordinary residence and exempted for non ordinary residence for two years.
How much is the down payment for a second suite?
1. For example, in the past, individuals only need to pay 1% deed tax when purchasing ordinary houses of 90 square meters and below for the first time; Now, if the parents have a house under their name and buy an ordinary house of 90 square meters or less in the name of minor children, although the minor children buy a house for the first time, they also have to pay a 3% deed tax if they belong to a second house in the family.
2. According to the new regulations, the collection authority shall inquire the deed tax payment records of taxpayers; If there is no record or there is a record but there is doubt, according to the application or authorization of the taxpayer, the competent real estate department shall query the taxpayer's family housing registration record through the housing registration information system and issue a written query result.
The article is the relevant knowledge about how much tax to pay and how much down payment to pay for buying a second house, which I hope can be of some help to you. Usually, the first house will enjoy certain preferential policies, but the second house is different. The loan interest rate and down payment for the purchase of the second house will increase, so we should consider it clearly.