When can I sell a flat tax-free?

Many property owners in Jena ask themselves when it is possible to sell their flat tax-free. As experienced estate agents in the Jena region, we at Wienroth Immobilien GmbH & Co. AG can give you a clear answer. Because if you sell your property at the right time, you can save considerable tax - even here in Jena.

1. 10-year period: tax-free after speculation period

One of the most important rules in German tax law is the so-called speculation period. This not only applies nationwide, but also to property owners in Jena. If you have owned your flat or property for more than 10 years, you can sell it tax-free. This regulation applies in particular to private owners who have rented out their flat or left it unused.

Example:
You bought a condominium in Jena-West in 2013 and would like to sell it in 2024. As you have owned the flat for more than 10 years, the sale is tax-free.

2. owner-occupied property in Jena: tax-free even before the end of the 10-year period

There are many owners in Jena who live in their property themselves. In such cases, a special rule applies: if you have used your property yourself, you can sell it tax-free even before the 10-year period has expired. The decisive factor is that you have lived in the property yourself in the year of the sale and in the two preceding years.

Example:
You purchased a flat in the popular Jena city centre district in 2020 and lived there with your family. If you sell the flat in 2024, the sale is tax-free as you used the property yourself.

3. inheritance and gift in Jena: observe the speculation period

Many properties in Jena are passed on to the next generation by inheritance or gift. In these cases, you can also sell the property tax-free under certain circumstances. It is important to note that the 10-year period applies from the date on which the original owner acquired the property.

Jena property market: When is a sale worthwhile?

The property market in Jena is dynamic and property prices are rising steadily. Property owners therefore have a good opportunity to benefit from this trend. If you are considering selling your flat in Jena, you should definitely take the tax aspect into account when making your decision. The right timing can help you avoid high taxes.

Conclusion: The tax-free sale of property in Jena

The timing of the sale plays a decisive role when it comes to whether the sale of your flat in Jena is taxable. The experts at Wienroth Immobilien GmbH & Co AG in Jena will be happy to provide you with comprehensive advice and support you in finding the optimum time to sell.