Due to recent changes related to the “safe 2% loan” and increased activity in the real estate market, numerous questions have arisen regarding property sales tax. In the latest article published in Gazeta Wyborcza, Dr. Piotr Sekulski offers insights that help clarify these doubts. Do you always have to pay tax when selling a property?
The article is available at this link.
Leszek Kostrzewski (GW)
Well, you can avoid it when you reinvest the proceeds in your new property for personal use. You have a three-year window from the date of the transaction to do so.
What’s most important here is the interpretation provided by the Minister of Finance (no. DD2.8202.4.2020), issued in October 2021, (…). According to this interpretation, you can deduct expenses related to:
– the purchase and installation of a gas stove, electric or gas-electric cooker, induction hob, ceramic hob, oven, dishwasher, washing machine, or fridge (whether they are built-in or free-standing).
– indoor ceiling and wall lighting, including LED strips and halogen spotlights, excluding free-standing lamps.
– furniture that has a lasting connection to the building or its part (apartment), custom-made items such as built-in wardrobes, storage units, and wardrobes.
– kitchen furniture.
tax advisor Piotr Sekulski, PhD
In essence, this means that expenses for furniture in rooms not permanently connected to the apartment will not qualify for this tax relief. Similarly, expenses for items like coffee machines or microwave ovens will not be considered.
If you have any questions about property sales taxation or related matters, please visit www.outsourced.pl .
