A while ago, everyone received the annual tax return. The deadline of May 1, 2025 is fast approaching, and for homeowners and sellers, now is the time to check which tax benefits they can take advantage of. By being smart about deductions and tax schemes, you can potentially save a lot.
Do you want to know how to take full advantage of tax benefits when selling your house? We explain it for you.
Tax return and your home: you can't miss these deductions
There are various tax benefits involved in buying or selling a home. These are the most important points of attention for your 2025 tax return:
Mortgage interest deduction
Do you still have a mortgage? Then in many cases you can deduct the mortgage interest paid. This reduces your taxable income and ensures a lower tax bill. Please note the annual changes in the mortgage interest deduction.
Tax on capital gains (additional loan scheme)
If you have made a profit on the sale of your home, you usually do not have to pay tax on this. But beware: if you do not use this equity to purchase a new owner-occupied home, the additional loan scheme may apply. This means that you will only receive full mortgage interest relief if you invest the equity of your old home in your new home. Are you not using the equity for this? Then you may not be allowed to deduct part of your new mortgage on your tax return.
Transfer tax when buying a new home
When you buy a home, you pay transfer tax. This rate is typically 2%, but if you're under 35 and buying a property below a certain price range, you may be able to benefit from a 0% exemption.
Deductible costs when buying and selling
Some costs related to the purchase or sale of a home are deductible, such as notary fees for the mortgage deed and advisory fees for a mortgage advisor. This can significantly reduce your tax bill.
Do you want to take full advantage of your equity and move on quickly to your next home?
Then now is the time to sell smart. With HuisPortaal.nl, you decide how you sell your home, without unnecessary brokerage fees. You choose a package that suits you, easily place your home on Funda and immediately reach millions of potential buyers. You stay in control of the sales process, while we provide the support you need. This way you save thousands of euros and ensure a smooth settlement.
Be smart, sell fast with HuisPortaal.nl
Get started today!