It means that after buying American real estate, it is not the main goal to "sell low and sell high" or improve the property, which is more suitable for customers with strong assets and funds. This method attaches great importance to your entry and exit time.
Second, lease to get rent.
According to the leased real estate, a fixed rental income is obtained, that is, the actual effect and common means. So, how should customers calculate their own property and how much good results can they bring every year? We will explain it in detail in the next section.
How to get rent through leasing? 1. Authorized artist agent
2. Authorized property service companies
Step 3 find your own tenant
How to calculate the rent effect? The rent calculation method of cash purchase and loan purchase, rent = annual net rental income/%of the total purchase price, annual net rental income = annual rental income-the cost of owning the house and related expenses derived from lease.
Rent = annual net income/out-of-pocket%, annual income = annual rent-the cost of owning a house and related expenses arising from leasing-the annual fixed repayment amount, and various taxes and fees involved in purchasing American industrial real estate.
I. Income tax on house lease
According to the current tax administration system in the United States, people who have not obtained a US green card in China are regarded as "non-resident foreigners" for tax purposes. Taxable income of non-residents is generally divided into two types: income unrelated to American business or business process is generally levied at a fixed tax rate of 30%; Category II income related to U.S. businesses or business processes will be taxed according to the basic income tax rate of citizens and residents in China, USA.
Two. Real estate capital gains tax (rental/sale)
Capital gains tax applies to capital income in the United States. Generally speaking, the actual capital gains tax rate for non-resident foreigners is 30%.
3. Deferred payment of real estate capital gains tax
According to the foreign real estate investment law of 1980, when non-resident foreigners sell American real estate, they must detain 10% of the selling price in advance as deferred payment of real estate capital gains tax. Deferred payment is directly submitted to the IRS by the property right transfer company from the selling price account.
Fourth, the house inheritance tax.
When someone dies and his real estate is given to others, the real estate belongs to the property. Property is not taxed unless the use value of the deceased's property exceeds a certain amount. In 20 13, the amount was set at $5 million. However, the tax standard of foreign real estate inheritance tax is only 60 thousand US dollars, and the excess part must pay the house inheritance tax.
How to avoid the loss caused by buying a house because the loan has not been repaid? Housing advance notice registration
When purchasing houses with outstanding loans, you can also make advance notice registration before signing the purchase contract. That is to say, after the advance notice registration, the seller has no right to dispose of the house without the buyer's permission, which can prevent the owner from selling the house with one room and two halls, guarantee the legitimate rights and interests of the buyer and protect the interests of the seller.
It should be noted that the validity period of advance notice registration is only three months. "After the advance notice registration, the creditor's rights are extinguished or the application for registration is not made within three months from the date when the real estate rights can be carried out, the advance notice registration is invalid." Therefore, within three months of advance notice registration, real estate rights must be completed. It doesn't matter if time really can't catch up with the progress. You can continue to apply for advance notice registration. At this stage, the relevant laws and regulations do not limit the number of advance notice registrations. In addition, second-hand affordable housing cannot be registered in advance.
Defining the ownership of real estate, payment methods and many other issues in the contract.
When signing a house purchase contract, the house price, ownership, tax payment method, payment method, delivery period, contract breach liability and other aspects will be agreed to control the other party's personal behavior and prevent unnecessary disputes.