In Italy you will not pay capital gains tax on the sale of a property (assuming you have owned it for for more than 5 years as a non resident) The property is in Italy and the earning (ie the sale of the house) is in Italy. If you take the money back to the US then what the IRS decide is up to them - but if the money stays in Italy, it's yours to do with as you please.
Did you ever register with the water company? If the comune is the provider there will be a water office in the comune. When you bought you should have gone and done the 'voltura' which put the water into your name. If it is a private company it was your duty to contact them and become their customer.
Im not aware of anything of the sort. Also if your mum emigrated after the war, she probably had to give up her Italian citizenship to get US citizenship. Are you and your siblings Italian citizens?
You dont have to be a citizen or a resident to have a tax code. If you bought or inherited the house, then you must have a codice fiscale. From what Enel eNergia infer you should try to reconnect with a different electricity supplier - Enel servizio elettrico for example.
I fail to see how a perizia giurata done by an engineer/architect/professional makes money for an agent. I did a sale last year for someone who chose a perizia giurata as the house was worth less than the catastal value. It was advised by the notary. As a result the buyer paid a reduced tax on the purchase.
Yes, you open yourself (and the seller) up to a 'rettifica' from the tax office. If you pay under the valore catastale, the tax office will want to know why. Lots of photos are good at this point, and a perizia giurata tends to protect you, but the perizia must have a date precendent to ttheact of sale.
My minimumi s 1500 euros, which is valid to a purchase price of 50.000 euros, so I think the agent is taking the mick. I have never known a notary take money to pay other people. Aperizia giurata will not make any difference to the taxes unless they basically say the flat is uninhabitable. If that is the case then any work you need to do must have permissions, a geometra on board and so on, which will raise your restoration costs enormously.
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In Italy you will not pay capital gains tax on the sale of a property (assuming you have owned it for for more than 5 years as a non resident) The property is in Italy and the earning (ie the sale of the house) is in Italy. If you take the money back to the US then what the IRS decide is up to them - but if the money stays in Italy, it's yours to do with as you please.
Did you ever register with the water company? If the comune is the provider there will be a water office in the comune. When you bought you should have gone and done the 'voltura' which put the water into your name. If it is a private company it was your duty to contact them and become their customer.
Im not aware of anything of the sort. Also if your mum emigrated after the war, she probably had to give up her Italian citizenship to get US citizenship. Are you and your siblings Italian citizens?
Leasehold as we know it in the UK doesnt exist in Italy - can you explain your situation a bit?
You have property rights in ITaly whether you are a citizen or not. What exactly do you mean?
Are you EU citizens? Do you spend more than 183 days a year in Italy? Arr you here for more than 3 months in any one stay?
You dont have to be a citizen or a resident to have a tax code. If you bought or inherited the house, then you must have a codice fiscale. From what Enel eNergia infer you should try to reconnect with a different electricity supplier - Enel servizio elettrico for example.
I fail to see how a perizia giurata done by an engineer/architect/professional makes money for an agent. I did a sale last year for someone who chose a perizia giurata as the house was worth less than the catastal value. It was advised by the notary. As a result the buyer paid a reduced tax on the purchase.
Yes, you open yourself (and the seller) up to a 'rettifica' from the tax office. If you pay under the valore catastale, the tax office will want to know why. Lots of photos are good at this point, and a perizia giurata tends to protect you, but the perizia must have a date precendent to ttheact of sale.
My minimumi s 1500 euros, which is valid to a purchase price of 50.000 euros, so I think the agent is taking the mick. I have never known a notary take money to pay other people. Aperizia giurata will not make any difference to the taxes unless they basically say the flat is uninhabitable. If that is the case then any work you need to do must have permissions, a geometra on board and so on, which will raise your restoration costs enormously.