Essential Guide to Property Transfer! A Comprehensive Explanation of Transfers between Spouses, Children, and Siblings at a Glance.
- byVic

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The transfer of ownership is a key step in buying and selling real estate, but many people feel confused about the transfer process and tax issues. "Guorenjia" has compiled four common scenarios for property transfer, providing legal regulations, processes, and tax-saving tips: 1. The transfer between spouses can choose the "gift" method, enjoying exemptions from both land value increment tax and gift tax, but they must pay deed tax and stamp tax. 2. The transfer to children can use the "sale" method to avoid gift tax. If opting for a gift, they can use the annual tax exemption amount of 2.44 million to transfer in installments. 3. The transfer between siblings requires careful planning, as non-direct relationships are more likely to be subject to gift tax. It is recommended to conduct sales or gifts in installments through a notary. 4. Generally, the transfer requires the person to be present, but it can be handled by someone else through a notarized power of attorney. After understanding the relevant documents and tax regulations, the transfer of ownership can be completed smoothly. To learn more, you can refer to the complete guide from "Guorenjia."
In the process of buying and selling a house, "transfer of ownership" is the most critical step. Whether it's a gift of property between spouses or transferring a house to children or siblings, people often get confused about how to proceed and whether there will be issues with gift tax. Below are the four most common scenarios for transfer of ownership, helping you understand the legal regulations, processes, and tax-saving tips:
- The best way to transfer ownership between spouses? You can choose the "gift" method, enjoying dual tax exemptions for land value increment tax and gift tax (it requires reporting but no payment of tax), although deed tax and stamp tax still need to be paid.
- How to transfer ownership to children without being taxed? If the children can prove their contribution to the house purchase, then the "sale" method can be used for the transfer, exempting gift tax; if using the gift method, a tax exemption amount of 2.44 million can be enjoyed annually, which can be gradually done over the years to save on taxes.
- How to plan transfers between siblings? Due to the non-direct kinship relationship, it is easy to be subject to gift tax. It is recommended to plan through a notary for sale or staggered gifts, combined with tax strategies related to the integrated property tax.
- Is it necessary for the person to be present for the transfer? In principle, the person needs to be present to verify identity and seal, but it is also possible to authorize someone else to handle the matter through a notarized power of attorney.
The process of transferring ownership of a house is actually not complicated. As long as you prepare the required documents in advance and understand the relevant tax regulations, you can smoothly complete the transfer of ownership. Whether you handle it yourself or seek assistance from a notary, this transfer guide has already been prepared for you!