What is inventory value?

Probably, someone noticed that in transactions with real estate, a tax is levied on income received as a result of a sale, exchange or donation, but the amount is calculated not from the total, but from the inventory value. Is it more or less? How can I find out the inventory value of a property? And are there any differences from the cadastral one? Let's figure it all out.

Why is inventory value needed?

The calculation of the tax base from income received in any real estate transaction is based on the inventory value of real estate. This is a complex calculation system that takes into account the total area of ​​​​residential property and the conditions for the provision of utilities.

Other indicators, such as transport accessibility, the development of infrastructure facilities, the presence of nearby children's and social facilities, such important components for market valuation, are not taken into account.

The age of the building is an important factor., the degree of deterioration of communication lines, etc. according to a complex scheme, all these components of the inventory assessment of a particular apartment or house are recorded.

Since a number of indicators are not taken into account, the inventory value, by definition, cannot exceed the market valuation, since the cost of the land allotment on which the entire building stands, the comfort of living and the number of storeys are not taken into account. AT

After all, everyone knows that the cost of apartments on the top and first floors is much lower than similar housing, for example, on the third or fourth floor.

What parameters are taken into account?

When calculating the estimated inventory cost, BTI employees take into account the cost of consumables at the time of construction of the entire residential building or a specific area, also includes:

• The cost of building a foundation;
• frame;
• Lines of communication lines;
• Finishing works;
• Roof installation cost.

That is, in one word we can say that this is the cost of the materials themselves used to build the building at the time of construction. It does not reflect the cost of the work of builders, public utilities, the work of other services to put the house into operation.

For example, 10 years ago all these materials could cost much less than at the time of calculation, and therefore the cost can be a significant difference between a new building and a building put into operation 10 years ago, even with similar primary data.

Based on the parameters of the inventory data, the final cadastral value of the object is calculated, and it already has completely different meanings.

For the owner, these indications can play both a positive and a negative factor. Of course, when entering into ownership, you will need to pay less taxation, but when selling this amount, this amount will negatively affect the value of the property itself.

Size compared to market price

When calculating the real, market value, those parameters are used that are not included in the BTI assessment, but are very important for its definition. For example, convenient transport accessibility - in remote areas of the city, the so-called "sleeping" - the price of real estate is much inferior to that which is located in the center. And the difference can sometimes reach up to 10%.

It is also necessary to include in the market assessment the cost of the land plot on which the building itself is located, the state of communication lines.

For example, if hot water is supplied centrally in the house, then one price is asked for the object, and if additional heat carriers, such as a gas water heater, are needed to heat it, then another, lower than for the same object, but with central heating or hot water supply water.

All these indicators are not reflected in the BTI assessment, that is, it cannot be recognized as an objective assessment of the value of real estate. You need to add at least 10 percent to it, then it will be the most realistic for transactions.

Which transactions require inventory value?

The duty to determine the inventory value is assigned to the Bureau of Technical Inventory, it is the employees of this institution that are engaged in valuation and accounting activities, the data is used to account for residential and non-residential stock owned by legal entities or individuals.

The BTI certificate may contain information about the cost of 1 square meter of a particular property, floor plan, explication data.

The inventory assessment of premises for the transfer of housing stock to non-residential is in great demand., and in this case, calculated data of the difference from the cost of housing stock to non-residential are displayed.

When making transactions for the sale, transfer as an inheritance or donation, exchange of real estate, one of the required documents is precisely a certificate from the BTI, indicating the inventory value of the object.

The validity of this document is only 30 days, because during this period there is a revaluation, and on the final day its values ​​change. Examples:

1. Equity participation agreement in the construction of residential real estate. When concluding a similar contract with a construction company, it contains the approximate cost of the apartment, but the developer can build it in a completely different area than indicated in the contractual obligations. Performing work on the actual establishment of the area, BTI employees help resolve disputes that often arise between a construction company and an investor. With a surplus, he is obliged to pay extra to the company, and if there is a lack of space specified in the contract, the company will already reimburse the shareholder for the lack of housing.
2. When filing property claims, the plaintiff is obliged to pay the state fee, which is calculated precisely from the BTI assessment. And when registering an inheritance, donating real estate, this indicator will be taken into account for paying a notary fee.
3. To calculate taxation on sale, exchange, donation or inheritance the inventory estimate indicator is used, citizens are required to pay 13% of the amount of income to the state treasury.
4. For legal entities, this indicator is taken into account when setting the cost of renting premises for offices, retail outlets, etc.
5. For non-residents - not inventory, but already cadastral value is applied property for tax purposes.

How to find inventory value?

You just need to contact the nearest branch of the Bureau of Technical Inventory and order a certificate on the property, but you must provide:

• An application written by hand or on a special form in which you express your desire to receive a certificate of cost;
• Identification;
• Documents confirming the right to own property.

A certificate is provided for a fee, prices can be found at the bureau itself.

But in order not to waste time standing in queues, this service can be obtained via the Internet. To do this, go to the official website of Rosreestr, open the "electronic" tab and go to the "help" section. But in order for the service to be provided, you need to know the registration cadastral individual number, usually it is affixed to title documents.

If you have ever ordered the service of obtaining a cadastral passport. That information must be included in it.

Where can I get an appraisal certificate?

If you need to get it in your hands, then contact the BTI at the location of the object. It will contain the seal of the organization and the signature of the responsible person. But you can order an electronic version, which can only be used as reference data, because it is not endowed with the same properties as a full-fledged paper medium.

What documents indicate?

You can get information about the estimated cost of BTI from the technical passport, cadastral documents and from a specially issued certificate.

Who is entitled to receive documents:

• The owner of the property;
• A trusted person who has been authorized by the owner to receive this certificate.

Calculation method

There is a professional formula that the employees of the inventory bureau themselves use, you can also use it for self-calculation:

Si \u003d Sv ∙ (1 - Iphys / 100 ∙ Ki)

The result will be the sum of the product of the cost of restoration work, the degree of wear and tear, and everything multiplied by the coefficient of real estate differentiation.

The differentiation includes data on the restoration of the entire residential building, and the residual value of 1 square meter for the entire property will be calculated separately.

What do you need to get the appraisal result?

• Location and purpose of the object;
• Date of commissioning;
• Number of floors of the building;
• Technical data of construction and communications;
• The total area and volume indicators of the property;
• Other technical information.

In what cases can it be disputed?

Sometimes citizens do not agree with the establishment of the inventory value, in their opinion, it:

1. The indicated value exceeds the market price of the property;
2. The documents indicate a completely different object that does not belong to a certain type of real estate, or incorrect data about it are displayed.

Inventory value in other cases may equal the market value, if the object has just been built, but under no other circumstances can it exceed the value at market prices.

What you need to dispute:

• File a claim with the jurisdictional arbitral tribunal. Recognize the defendant BTI, which made a mistake.
• In the justification, indicate that a different value was determined for a similar object, and your object is located in the same house;
• Ask the court to recognize the value as erroneous and send it for revision of the inventory estimate.

Flaws

The government has long come to the conclusion that the cost of an object according to the BTI does not reflect reality, and the state treasury is losing large sums in taxes. Therefore, gradually throughout the country, they are switching to the calculation of taxation already from the cadastral, more objective cost.

1. Find out whether a certificate of inventory value is necessary for a real estate transaction in a particular case;
2. Find out the location of the bureau of technical inventory;
3. Come with the necessary documents and paid state duty and order the required document;
4. Get it and include it in the documentation package when performing registration actions to transfer ownership of the property.

Maybe in the near future it will be canceled, but for now it is one of the main values ​​by which the tax on the income of individuals and legal entities is calculated when making any transactions with real estate.