New court decision: Income tax exemption for the sale of real estate from communities of heirs.

New court decision: Income tax exemption for the sale of real estate from communities of heirs.

According to a report by www.boerse-online.de, the Federal Finance Court (BFH) recently changed its previous case law, which leads to new savings and planning options for communities of heirs in connection with real estate sales.

According to tax experts, the BFH's decision that no income tax is due on realized capital gains on real estate from the estate offers new savings models within families. The possibility of selling shares in a community of heirs in a “non-taxable” manner means that the ten-year speculation period can be avoided if real estate is to be inherited within the family.

This court decision has potentially far-reaching implications for the real estate market and the financial industry. Communities of heirs could increasingly inherit real estate and then sell it tax-free within the family. This could lead to increased demand for real estate as the tax burden is reduced. At the same time, financial advisors and tax professionals should consider adapting their advisory services to make the most of the new opportunities.

However, it is important to note that this tax planning option can only be accepted by the tax authorities for inheritances, but not for gifts during your lifetime. Therefore, testators and communities of heirs should carefully examine the legal framework and, if necessary, seek professional advice in order to make the most of the potential advantages of this new decision.