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Time limitations to selling a flat in Poland (bought a year ago)


ManyFox 1 | 1
3 Jun 2020 #1
Hi all,
I bought a flat in Warsaw with my Polish (now ex-)partner about a year ago. I am an EU citizen. Things didn't work out, and I'll be moving to Germany or France in a couple of months. We have co-ownership, 2/3 for me. My ex-partner doesn't earn enough to take charge of the whole mortgage. I would prefer to just sell the flat (or at least my share). But I heard that you can't sell a property too soon after buying without paying significant taxes. Is there any way to provide a "reason/excuse" for the selling? Such as moving abroad?

Thanks for any answers
cms neuf - | 1,585
3 Jun 2020 #2
Well that Capital gains tax would only be the case if you were making a profit on the sale - unlikely at the current market prices.

You will have to pay the stamp duty (or sort it out with a buyer) and the notary costs but that should not be a huge amount.
OP ManyFox 1 | 1
8 Jun 2020 #3
Ah, ok! Yes, I doubt we'd make a profit even if we wanted to. Great, thank you for your quick answer!
pawian 176 | 15,392
22 Jun 2020 #4
Well that Capital gains tax would only be the case if you were making profit on the sale - unlikely at the current market prices.

Yes, exactly. However, if there is any profit from such a sale made within 5 years from the original purchase of that property, the tax is 19%.

biznes.radiozet.pl/Finanse-Osobiste/Ile-wynosi-podatek-od-sprzedazy-mieszkania-2019.-Od-wzbogacenia.-Przed-uplywem-5-lat


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