Tax-free allowance on property transfer tax for homes
The FDP wants to enable more people to buy a home of their own and to lower the ancillary costs. As soon as federal law permits, an allowance on the property transfer tax is to be introduced for owner-occupied homes. In most cases no property transfer tax would then be due.
Many people want their own house or apartment. Buyers pay a tax on the purchase. The FDP wants to drop this tax for most people who live in the home themselves. This should help young families most. Building should also become faster and easier.
According to the platform, 80 percent of people would like to own a home but fewer than half can afford it; it cites high construction and land costs and the property transfer tax as reasons. The party regards the state's 400 million euro relief program for buyers as an important step. Housing construction is to advance in all forms, through new builds and within existing buildings, which the FDP says also lowers rents. Building is to become simpler and faster, especially in high-demand urban areas, with stronger incentives for infill development. Instead of bans, the party relies on innovative solutions and also wants to keep rural areas attractive.
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„schnellstmöglich einen Freibetrag für den Erwerb von selbstgenutztem Wohneigentum einführen“Translation: introduce as quickly as possible a tax-free allowance for the purchase of owner-occupied residential property
Placement
- Economyclearly more market
A new allowance under which the property transfer tax mostly disappears for owner-occupied homes is a fundamental tax cut.