Defensive offer, or have house prices become so expensive?

2022-02-08 14:04:37

, I’m quoting myself :)

Yes, thank you. We had already considered that. Then my mother passed away and the subject was unimportant for the time being.

2022-02-08 14:18:58

Of course, you can also ignore the financial part and consider the property as a hobby. I see certain tendencies in you towards that ... But viewing it as a hobby will cost you so much money that inheritance tax will no longer be your biggest problem. And basically, you have to ask yourself whether the dreams are realistic. Do your children even want to live there someday, or are they drawn somewhere else? When would that even be? Can you live with the fact that for 15 years someone else will live in the house in the meantime?

So that you don’t misunderstand me, I find hobby status acceptable within certain limits for one’s own home. But everything except the owner-occupied home should be measured against the requirements for investment. One should not extend the hobby status to foreign properties, especially not if one can’t really afford it ("we have no money for inheritance tax").

I don’t see it that way. The property is highly sought after. My father constantly receives inquiries about it, and it is also a piece of home for us. If he put it on the market today, he would have sold it yesterday, probably at the asking price. It is strategically located and offers pretty much everything the heart desires. Given the scarce housing in and around Dresden, the grandchildren will probably be doing happy dances if they can, say, live there during their studies. The university is not far. Or later it’s a great start to life for starting a family. If it turns out differently, it will simply be rented out. A sale would be bitter, and we would probably never come close to anything similar in life again.

2022-02-08 14:36:49

I still do not understand the problem and basically the topic of inheritance tax has nothing to do with the topic of defensive offers.

If you inherit the house and do not want to live in it, 75k inheritance tax. After a maximum of 10 years of renting it out, you have your money back. Grandchildren can then use it as a party venue for the student council, with the value having increased further by then. There are definitely worse investments.

I think it helps you first to take a deep breath and calculate the different scenarios. It’s great that there is something to inherit. Many people inherit nothing or reject debts—is it fair that the debts are generalized?

2022-02-08 14:48:03

Especially if your father is still alive, then none of this is a problem for you. You simply inherit your compulsory portion, that is half of the half already now - which is below the exemption limit, and when you inherit your father, everyone inherits half again. This should minimize the tax. Off to the tax advisor!

2022-02-08 14:48:43

I'm out of here. At least now I know that this kind of person really exists. First World Problems.

2022-02-08 14:49:45

However, what nonsense. I built my own house and am paying it off.
Let me put it another way: in the case of an inheritance, I definitely do not want to sell.

I could immediately get rid of the property for the money. But money is worth nothing. Just look around, you can get it everywhere, and tomorrow you will only get half a loaf of bread for it. So selling would be stupid...

...stupid for people like you, who apparently only aim to maximize profit instead of wanting to live. In that case, it is clear that you are not open to other arguments and perspectives, which is okay, but then the "discussion" is pointless.

Many people, myself included, would sell in your place, pay off their own house with it, and with the - probably very large - remainder live a relaxed life, travel the world, and treat themselves to what makes them happy. Since you apparently cannot understand such a lifestyle concept, you just have to bite the "bitter pill" and pay the tax, so what, you have the choice.
By the way, I wouldn't have expected those tiresome pub clichés about the "half loaf" from you now, but hopefully, you still know that the last shirt has no pockets.

Defensive offer, or have house prices become so expensive?

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