Sale of renovated real estate with Superbonus
- Sale as a business activity: Selling a property renovated with the Superbonus before 10 years after the end of the works can be considered a business activity. This means that the sale could be subject to taxation, as the Inland Revenue could interpret the transaction as a form of business.
- Tax risk: If the property is sold before 10 years after the completion of the works, the seller may be subject to capital gains taxation. In addition, you may be required to return the tax deduction obtained with the Superbonus.
- Legislation: Resolution No. 204/2002 and several Supreme Court rulings support the interpretation that the sale of a property renovated with the Superbonus can be considered an entrepreneurial activity.
- Case-by-case assessment: the Inland Revenue assesses each case individually to determine whether the sale is a business activity. This means that there is no general rule applicable to all situations, but each case is examined in its specific context.
Consequences for the purchaser
- Tax responsibility: The buyer of a property renovated with the Superbonus should be aware of the possible tax implications. If the tax authorities consider the sale to be a business activity, the buyer could be involved in possible tax audits.
- Tax benefits: the buyer could benefit from the residual tax deductions not used by the seller, provided that the property is sold within the legal deadline.
The advantages for those who buy a renovated property with the SuperBonus
- Residual tax benefits: If the seller has not used all available tax deductions, the buyer may benefit from the residual deductions. This can significantly reduce the taxes due in subsequent tax years.
- Energy saving: properties renovated with the Superbonus often include energy improvements, such as thermal insulation and the installation of photovoltaic systems. These interventions can reduce energy costs and improve living comfort.
- Value of the property: renovation work can increase the value of the property. Buying a house that has already been renovated can be a long-term investment with a potential increase in market value.
- Quality of life: Renovations carried out with the Superbonus often improve the quality of life of inhabitants, thanks to interventions that make the property more efficient, safe and comfortable.
- Facilities for purchase: In some cases, the buyer may benefit from additional tax breaks or incentives for the purchase of renovated real estate, depending on local and national regulations.
Insight: deduction of renovation costs
- Trasfer of deductions: If the property is sold, unused tax deductions can be transferred to the buyer. This can be a significant advantage for the buyer, who will be able to continue to benefit from the tax deductions.
- Recovery of expenses: The seller may have to return the tax deductions obtained if the property is sold before 10 years from the end of the works. This should be carefully considered before proceeding with the sale.
Insight: If you sell the property 10 years after the end of the renovation work…
- Sale after 10 years generally does not result in taxation of the capital gain. This means that you will not have to pay tax on the gains from the sale of the property.
- You will not have to return the tax deductions obtained with the Superbonus. After 10 years, you are fully entitled to the tax benefits without having to return them.
- No entrepreneurial activity: The sale of the property will not be considered an entrepreneurial activity, thus reducing the risk of being subject to further taxation or tax audits.
In summary, selling the property after 10 years from the end of the works gives you greater tax security and allows you to keep the benefits obtained with the Superbonus without additional complications.
