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REAL ESTATE SELLING TAX

2026-02-04
How much tax have to be paid if property sold?

REAL ESTATE SELLING TAX

 

Who pays it? The seller.

On what basis? Selling price - Buying price = basis of the tax

How much is it? 15%

 

Rebates:

  1. The basis can be reduced by:
    1. costs of buying the property. Like lawyer, tax.
    2. costs of selling the property. Like: lawyer, real-estate agent fee, advertisement costs, etc.
    3. costs of value adding investments on the property (e.g.: heating modernization).

All cost have to be proven by invoice.

  1. Time elapsed since purchase. The basis of the tax:
    1. year 0: 100% (in the calendar year of buying);
    2. year 1: 100% (in the next calendar year after the buying);
    3. year 2: 90%
    4. year 3: 60%
    5. year 4: 30%
    6. year 5 and more: 0%

 

Example 1:

Buying in November 2023.

Year 0: 2023

Year 1: 2024

Year 2: 2025

Year 3: 2026, the year of selling.

 

Buying price: 100 million HUF

Selling price: 125 million HUF

Costs: 5 million (lawyer, agent, changed gas heats)

 

Basis of the tax: 125 – 100 – 5 = 20 million HUF

Year 3 = 60 %.

20 million x 60 % = 12 million HUF

 

Tax to be paid: 12 million HUF x 15 % = 1,8 million HUF

 

 

Example 2:

Buying in November 2020.

Year 0: 2020

Year 1: 2021

Year 2: 2022

Year 3: 2023

Year 4: 2024

Year 5: 2025

Year 6: 2026, the year of selling.

 

Buying price: 100 million HUF

Selling price: 125 million HUF

Costs: no invoices. 0 HUF proven.

 

Basis of the tax: 125 – 100 = 25 million HUF

Year 6 = 0 %.

25 million x 0 % = 0 HUF

 

Tax to be paid: 0 HUF x 15 % = 0 HUF

 

 

Please ask expert's help for details and to calculate the proper tax!


This article only for information purposes, not an official tax advise.

 

This article only for information purposes, not an official tax advise.

 

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