L’Revenue Agency solves a very interesting question, regarding the facilitation on the purchase of a first home, providing an answer to a question posed by a taxpayer. ProiezionidiBorsa, illustrates, in a few minutes of reading, answer no. 228 provided by the Revenue Agency on 2 April 2021.
In particular, a half received donation does not make you lose the opportunity to redeem the first home bonus again, on one condition only. That’s why many are donating half of the house in order not to lose the bonus. Let’s see below what it is.
The taxpayer states that in 2003 he bought a residential property. 50% free of charge, for paternal donation and the other 50% for consideration from the uncle. On that occasion, he benefited from the first home purchase bonus.
Subsequently, in 2020, after moving to another municipality, he purchased another property for residential use, benefiting from the same concessions. But he undertook, in the deed of sale, to sell the property, pre-owned within one year of purchase.
What to do to not lose the bonus?
Therefore, the taxpayer asks whether, within the aforementioned term, he can sell only the part purchased for consideration, keeping the property given to him by his father. He also asked if the part purchased for consideration could be donated. The Revenue Agency affirms that the taxpayer can benefit from the bonus, as long as he alienates the other pre-owned property.
Therefore, it is possible to take advantage of the concessions on the first home, in the transfers of houses to habitation, also deriving from donation. However, on condition that you undertake to sell the property within the year. This principle also applies in favor of the applicant, or even in the event that the house has been received as a donation for half and half free of charge. What is relevant is that the applicant undertakes to sell, within the year, 50% of the property purchased for consideration.
That’s why many are donating half of the house in order not to lose the bonus
Therefore, in order not to lose the benefit, it will be necessary to sell, within the year of purchase, the property previously purchased for consideration. Furthermore, the free transfer will also be valid, provided that it takes place within the year, and provided that it concerns the 50% purchased for consideration. That’s why many are donating half of the house in order not to lose the bonus. In any case, pending the suspension of the terms for the “first home” facility until 31 December 2021, the terms for the taxpayer will start from 1.1.2022.