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Harold Freiberger
Real estate owners are worried, tax consultants are stressed, notaries are in a hurry: the planned change in the law on the valuation of real estate is causing great excitement among owners in Germany. From January 1st, there will be some changes in the tax assessment of houses and apartments. In many cases, the tax will increase significantly when real estate is passed from one generation to the next, whether by gift or inheritance. Many owners consider transferring their property in the old year. But that brings with it a number of problems.