Timberwood
2015-08-02 16:59:08
- #1
Hello everyone,
in connection with the purchase of a plot of land in a new development area, I will soon also take over a share of 1/14 of an approximately 800 sqm street. The street is an area that can be driven on publicly (no barrier) but is only used by the residents as it is a dead-end street. The costs for this were stated to me by the seller as 8,000 euros. However, the purchase contract I now have only contains a total sum in which land and street costs are combined. Would there be a tax advantage if I had the street share listed separately? To what extent do I actually have to pay property tax for the street share, and is Type A or B applicable here?
in connection with the purchase of a plot of land in a new development area, I will soon also take over a share of 1/14 of an approximately 800 sqm street. The street is an area that can be driven on publicly (no barrier) but is only used by the residents as it is a dead-end street. The costs for this were stated to me by the seller as 8,000 euros. However, the purchase contract I now have only contains a total sum in which land and street costs are combined. Would there be a tax advantage if I had the street share listed separately? To what extent do I actually have to pay property tax for the street share, and is Type A or B applicable here?