Every purchase and sale of real estate subject to the payment of taxes. When you purchase a house, except for the price designated by the seller, you have to bear some more expenses, the largest species of which is a tax on the transfer of ownership (from 7 to 10% depending on whether the transaction is some autonomy). After a while, when the buyer wish to become a seller and part with his property, he would have to pay tax too. Not only does "kopek" collection to increase the price of the object, but also a large, called the income tax - because the money received by the seller become his income. The size of deductions impressive - from 19% to 23% of the amount specified in the contract.

Can I somehow avoid this, not the most pleasant procedure parting with the money? But so that everything was legal and no claims from the Ministry of Finance and law enforcement agencies?

It turns out you can.

Central Administrative-Economic Court (Tribunal Económico-Administrativo Central, TEAC) allows not pay income during the two years subsequent to the sale of a residential facility. But the seller may enroll in one case: if the allotted time to invest the money in new construction, that is the house in which he assumes to enter when he is finished. For operations CO Resale is usually referred to as the "tax exemption for reinvestment in the residence" does not apply.

There is a limit to the application of this provision - the person selling housing in order to invest in new construction must not be older than 65 years.

Internal Revenue Service has the right to refuse the application of the rules described by the seller of property, are reinvested in new building.