Land purchase - converting land into building land

Maybe a silly question, but what are you going to do with 9000 sqm?

6. Anticipated succession

A gift is a single legal succession. Thus, according to § 23 para. 1 sentence 3 of the Income Tax Act, the recipient of the gift takes over the speculation period started by the donor upon acquisition. Therefore, the deadlines must also be observed here.

Example
Father V. gifts the residential rental property he acquired on November 15, 1995, to his son in 1999. The son can sell it tax-free no earlier than November 16, 2005.

7. Mixed gift

With a mixed gift, additional tricky pitfalls have arisen that must be avoided.

Example
On November 15, 1999, Father V. transfers to his daughter T. an estate acquired by him in 1994 for 380,000 DM by way of anticipated succession. The market value at that time is 800,000 DM. T. assumes mortgage debts of 200,000 DM.

From this mixed gift arises a speculation transaction for income tax purposes. Due to the assumption of the mortgage debt valued at 200,000 DM, T. has purchased the property for 1/4 consideration. V. realizes a speculation gain of 105,000 DM within the speculation period from 1994 to 1999 (200,000 DM minus proportional acquisition costs of 95,000 DM = 1/4 of 380,000 DM).

Note: In such cases, it should be carefully considered whether a mixed gift should actually be carried out or whether the loan amount should remain with the donor, who can agree with the recipient on full crediting of the market value of the object toward the latter’s future inheritance. However, the problem is that the donor continues to pay the interest and can no longer claim it for tax purposes. A reasonable restructuring of the debts should be carried out before the gift.

Source: Inheritance taxation - Issue 11/1999, page 292

Within certain limits, d'accord. But now one can certainly argue about how much is needed. Therefore, my question was quite serious.