Deducted twice

The Russians will be able to get not one but two tax deductions for the purchase of real estate. Currently, the Ministry of Finance is preparing amendments to the legislation. Officials want to extend the benefit to people buying homes. Currently, anyone once in a lifetime is to qualify for a refund 13% of the amount paid for the purchase of real estate. It is true there is a clause that the refund will happen to the tax base to 2 million rubles. That is, you can return a maximum of 260 thousand rubles. The money will be useful any family. The amendments will increase the Ministry of Finance seeking tax deductions for the purchase of real estate to two times in my life, but with reservations - the second time bonus will be relied upon those who will buy houses larger area. Not yet named the date of these amendments into force. This year already twice been increased opportunities for tax deductions. It is also possible to obtain a refinance mortgage loan and for purchase of land where the purchased home. The right to return 13% of the purchase comes after the official fixing rights to Companies House. A detailed mechanism for obtaining a tax deduction you can read here.