Hallo,
My wife and I would like to buy the house (value approx. €130,000, owned since >30a) from my parents (68, 65, both pensioners) and grant them a limited right of residence and offset the right of residence with the purchase.
We have several questions about this and would be very happy to receive your feedback:
The right of residence should apply for a limited period and expire if independent use is no longer possible (e.g. nursing home). For this purpose, a protection period (e.g. 6 months) should be agreed for possible short-term stays in a nursing home or similar; The aim should be that we can dispose of the house as soon as our parents no longer (can) live in it.
Do you have any tips/suggestions/recommendations?
I assume that there are no tax obligations for us when purchasing. Do we have to pay taxes for a fictitious rent in the amount of the right of residence?
Do my parents have to pay taxes with regard to the purchase price (income) and / or due to the right of residence (monetary benefit or similar)?
For the property value there is the BORIS NRW in NRW.
Is there something comparable to determine the value of the house (BJ 1910)?
thank you very much
Sebastian
