Property purchase & broker behavior: Is this normal?

  • Erstellt am 2020-12-17 15:12:15

Franzbrot

2020-12-17 16:58:46
  • #1


In what way does it not help to buy that separately?
I mean: The tax office notices anyway that we were bound from the start, right?
If yes: based on what?
That my parents buy the plot and we build has nothing to do with a diversion tactic.
The idea is that my parents no longer want to take out a loan since they do have the money. And even if someone now writes to me that interest rates are so low that a loan is better: They simply want to buy it "like that."
Sure, we could have the plot divided and buy their share from them. But why the additional costs? Especially if we’re going to live there together anyway.

What I don’t understand: Why shouldn’t you build a semi-detached house in this "park"?
We do know what we want: We want to build a semi-detached house; my parents will live in or rent out the other half.
 

11ant

2020-12-17 17:10:44
  • #2
I am not attributing an intention to evade taxes to you, but it is known that property developers like to provide misinformation in this regard.

Because the tax office will always consider a developer’s house and its land as a connected transaction.

The land offer advertised the plot to be developed with only one half of a semi-detached house. For a whole semi-detached house it is still "not small," but at least well utilized. By today’s standards you guys are still pretty much the kings.

For that I recommend a look into the Pianist thread:
 

Franzbrot

2020-12-17 17:18:40
  • #3


Mhm, I will look into it again. But I have read something like that before. That would be annoying, of course, since there is also a house on the land that we would have to demolish.

From my initial googling, I found that this can only happen if the purchase contract states that we are bound to someone. Or if the builder and the agent/seller are one company or if the seller prescribes it. If nothing is stated anywhere about this, I thought we were in the clear :-/

I will read through the thread as well; we have all already thought through the risks and want to arrange it legally so that in the end, we are all in the clear.
 

11ant

2020-12-17 17:26:39
  • #4

But please do not continue to omit relevant details here in a piecemeal fashion. And consider the demolition effort. You are supposed to carry this out yourselves (or have it carried out), so acquire the property uncleared and only prepare it for the developer? – insofar he increasingly mutated here from the developer (BT) to the general contractor (GU), but: whether that is enough to fool the tax office, I would dare to put a question mark on that.

Unfortunately, I cannot provide you with tags or links for this, but we have already discussed this here several times.
 

Franzbrot

2020-12-17 17:33:23
  • #5
The "salami tactic" is definitely not intentional.
My initial question was actually something completely different, and in my opinion, these details were not relevant yet, since I first wanted to know about your experiences with real estate agents.
For that, it was still unimportant whether the plot of land is developed or not.

But yes, we would have the demolition carried out by a company other than the developer of the house.
Since I do not yet have a contract for the plot of land or for the house, of course, I can hardly say how transparent that is for the tax office.
As far as I can tell so far, these are two completely different companies that have nothing to do with each other.
However, to what extent the developer secures himself to ensure that we actually build with him after purchasing the plot of land (without mentioning this commitment in the purchase contract) remains an open question for me.

We have a viewing appointment for tomorrow and I will inquire about it then.
 

11ant

2020-12-17 17:35:33
  • #6

Land value 280, offer 430 - it is already worth mentioning that the demolition cost is on top of that ;-)
 

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