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Housing Tax Deductions

You have purchased a room or apartment? Want to return the money back? Our legislation allows this. We are talking about getting a tax deduction. Two types of tax credit there are two variety of tax deduction. The first provides pp. 1, No. 1, Art.

220 of the Tax Code. According to this norm the taxpayer is entitled to receive property tax deduction in the amount received in the fiscal period from the sale of housing, cottages, garden houses, plots of land owned by the taxpayer less than three years but not exceeding a total of 1 million rubles. The second type of tax deduction provided for paragraphs 2, 1, Art. 220 of the Tax Code. In accordance with the This norm is also a taxpayer is entitled to receive property tax deduction in the amount spent on new construction or purchase of housing or shares (stakes) in them, in the amount of actual costs, as well as in the amount directed to repay the interest on the trust loans (credits).

What costs are included in the tax deduction? When building or buying a house in the tax deduction may be included: the cost of buying a house (including the uncompleted), expenditure on development of construction documents for the purchase of construction materials and payment of the construction and decoration, the cost of connecting to the networks or creation of autonomous sources of electricity, water and gas. When buying an apartment in the tax deduction may include the cost of buying an apartment or rights to an apartment in a newly built house, the cost of acquisition of finishing materials and activities related to finishing the apartment. What documents are needed? A tax deduction is available to the taxpayer a written statement of the taxpayer, the payment documents processed in the established order and confirming payment of the cash flows produced by the taxpayer for expenses (receipts for pay-slips, bank statements on the transfer of funds from the buyer's account at the seller, product and cashier's checks, certificates of purchase of materials from individuals showing them the address and passport details). The taxpayer would require a certificate from the employer of the income and paid to them Tax on personal income on Form 2-PIT. If several sources of income, information must be taken from each employer. We, in turn, to obtain a tax deduction ask that you contact companies that provide quality legal services. This will greatly save you time. When you get the money? Since the Declaration and to transfer funds to a specified account by the taxpayer should take no more four months. Three months is given to verify submitted a tax return data for a month – to transfer money from the Treasury. Property tax deduction associated with the purchase of housing, available to citizens only once in his life. Statute of limitations for filing an application for property tax deduction does not. If the total annual salary does not cover the amount owed to the tax deductions, you can transfer them the following year.

Supreme Court

Buyers of construction services actually become a hostages, since the agreements concluded with construction companies often do not provide accurate Completion dates. Thus, unscrupulous developers are trying (and often successfully) to protect themselves from possible claims from customers. In this clear legislation that would set rules games, no. It is true that in 2002 a review of judicial practice the Supreme Court, which equates treaties providing investing citizens in the construction of their own homes in an apartment house to contract agreement. A contractual agreement falls under the Law “On Protection of Consumers’ Rights, which states that if the contractor does not comply with delivery times, the consumer has the right to claim compensation (3% of the cost Order for each day of delay, but not greater than the total order value). By this but for the contract must specify the exact date of delivery at home, but because the potential buyer in the contract should insist on making the item in the contract.

By law, the developer has the right to extend the period specified in the contract, but for this he must obtain the consent of the buyer. 2. The quality of the housing. Today, virtually all houses shall only bearing walls, sometimes even without a connected public networks. And for the rest of the installation with the customer requires an additional fee. Before the advent of the Supreme Court review of the builders clearly defined laws and there was no need to if the demand is huge mud flats, they can sell on any contracts, clients are always there. There is in it and “merit” of its citizens.

Of course, ordinary people do not necessarily thorough understanding of the specific housing construction or calculate when the apartment can be profitable to sell. Most people buy an apartment for living. But one should not forget about their interests and ultimately, each customer is planning to enter the bought an apartment if it is written in the contract, and the delay can greatly disrupt his plans. So, it is imperative to protect their interests. And this may help, first, tentative inquiries about construction company (when and where she built a house, whether a claim, etc.), and secondly, the understanding that there is no buyer for the developers, and vice versa. Therefore, the last word must always remain a customer.

Moscow Rent

In addition, you will agree – to business partners in a luxurious country house or apartment, located in one of beautiful areas in the center of Moscow, and make an appointment at a table in the hotel restaurant – it's not the same thing. As a rule, be submitted to the short-term rental apartments and houses are in excellent condition and equipped with everything necessary for a normal life, ranging from household appliances and utensils, and ending with the phone and the Internet. Some suggestions include the cost of renting maid service and gardener, as well as personal protection. Another advantage of short-term rental apartments and houses is their location. You can rent an apartment in any area of the city – the center or the outskirts, near the historic sites or in the business center. Holiday homes in cottage – it is always a good environmental conditions, lack of noise and dust, rich in infrastructure, peace and tranquility that can be the main criterion, if your trip will take the whole family.

Not important role played by financial aspect. Short term rentals – this is one of the cheapest types of accommodation and will be cheaper than staying in a hotel, especially when you consider all the benefits of independence and comfort. Moreover, in the same apartment can accommodate several people at once, with the price for renting an apartment as a whole does not depend on the number of people. It depends only on the length of stay in a rented housing. Moreover, the longer the lease term, the better the price. While in residence at a hotel fee per night is not fixed and varies depending on the number of days of stay.

With regard to rental of country homes, it is always worth remembering that, with the possibility of placing more and you get nepovto-rimy comfort, a sense of comfort, spaciousness and serenity for yourself and your family. Thus, the financial benefits of Short term rental apartments and houses is obvious. How to do it. There are several ways out of the city-ny rent a house or apartment for a short time. Numerous individual proposals can be found on the Internet, often property owners themselves are ads for rent by owner. This option allows you to save on services to realtors, but is time consuming and subjects you to the risk of being cheated. Other option – to contact a professional real estate agency. Here you can offer a few proven options and help you find the best value for money.

Russian Federation

This situation will not last long period of time, and real estate Pereslavl will rapidly become more expensive. Travel direction is actively developed in the Russian Federation, and the "Golden Ring" pay close attention, as representatives of business and government. The specialists of our real estate agency concluded that Moscow should not have priority in terms of place of residence. We present our customers the benefits of residence in the quiet and green places. Real Estate in Pereslavl includes all these benefits, and buy a house in Pereslavl Zalessky more can be relatively reasonable prices. What do you get if you purchase land in Pereslavl? First and foremost, is currently selling villas in Pereslavl-Zaleski is very active, so buying a house will profitable investment. Buying land in Pereslavl, you get part of Russian history – a place where at one time lived representatives of famous names. There are several options for the use of purchased land – for example, to build a country house or opening a small hotel.

Building plots near Lake Pleshcheeva can be called a real treasure. Lake is not only distinguished by the extraordinary beauty, but also the aura of fairytale mystery. Purchase of land by the lake – it's not only the acquisition of land by the water, this is a ticket to a fairy tale. This is precisely the significance and historical value of these lands is characterized by Pereslavl. Properties of the "Golden Ring" is a promising and popular destinations. Citizens who have purchased rural house in Pereslavl, are residents of one of the most beautiful and ecologically clean places in Europe. Building plots near the lake are Pleshcheeva a real opportunity to become the owner of the generic old Russian estates. Properties in Pereslavl Pereslavl region and are very popular, so, according to experts, the valuation of real estate Pereslavl market can significantly increase. Our real estate agency has long specialized in selling real estate in Pereslavl Pereslavl and area. We provide a full range of information about infrastructure of the city, its plots and documents that will be needed for registration of the property.