One of the topics most frequently discussed by seller clients during a real estate transaction is capital gains.
As the end of the year approaches, this topic is once again being widely discussed.
In simple terms, capital gains refer to the profit obtained from the sale of a property.
As with any other expense, there are ways to reduce tax charges, and it is essential to consider all relevant expenses in the IRS.
Here are four strategies to minimize the payment of "capital gains":
Invoice for all improvement or maintenance works to the property (for example, replacing windows);
Consider expenses related to the deed (IMT, registration costs, among others);
Account for expenses associated with energy certification;
Take into account the charges arising from real estate mediation.
If you have any questions or concerns, don't hesitate to contact me!
David Borges - MG Mediação Imobiliária
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