hrrecruiter Posted July 20, 2020 Share Posted July 20, 2020 Is it possible to put my own condo as part of an offer in additional to some cash when purchasing a bigger condo in my building? How would the land office calculate taxes? Anything else I should be aware of? Thank you 1 1 Link to comment Share on other sites More sharing options...
ExpatOilWorker Posted July 20, 2020 Share Posted July 20, 2020 Tax is a percentage of the appraisal value. The actual purchase price is irrelevant. 2 Link to comment Share on other sites More sharing options...
Popular Post scubascuba3 Posted July 20, 2020 Popular Post Share Posted July 20, 2020 Would go through as a normal sale and buy so transfer taxes to be paid as normal 3 Link to comment Share on other sites More sharing options...
OneZero Posted July 21, 2020 Share Posted July 21, 2020 (edited) 3 hours ago, ExpatOilWorker said: Tax is a percentage of the "the Land Office's assessed" appraisal value. The actual purchase price is irrelevant. Edited July 21, 2020 by OneZero 2 Link to comment Share on other sites More sharing options...
natway09 Posted July 26, 2020 Share Posted July 26, 2020 It still needs to be all registered at the Land Office. It is illegal to "just swap" & anyway everybody would have wrong paperwork 2 Link to comment Share on other sites More sharing options...
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