Caspar2020
2017-04-25 10:34:26
- #1
Oh, a rent-free right of residence. Then yes.
That's a good solution!In order to still have 300K after rent, I either have to sell the place for 312K. That means more charges for the buyer. Or I sell for 300K, and after paying rent I only have 288K left in my pocket. (End quote) Exactly. The contract then states 288 thousand. The rent-free right of residence costs 12 thousand. This is what the rent also costs if I achieve 300 and take the apartment for 12 months. Only the tax is then due on 288. The rest is arranged in a binding side agreement. Karsten
There is no lease agreement in this arrangement. That would mean the buyer would have to declare any rental income for tax purposes. They try to avoid this with the free right of use.What do you do if he terminates the lease due to personal use after the purchase?
Similar topics | ||
26.11.2015 | Transfer of lease agreement after purchase | 15 |
29.08.2020 | Net cold rent lease contract clause for real estate loan | 35 |