Will There Be Any Tax When Selling Your House? Here's What You Need to Know One of the most curious questions in real estate sales is: “Will There Be Any Tax When Selling Your House? Here's What You Need to Know One of the most curious questions in real estate sales is: “Will there be any tax on my house?” The answer to this qull There Be Any Tax When Selling Your House? Here's What You Need to Know One of the most curious questions in real estate sales is: “Will there be any tax on my house?” The answer to this question is actually directly related to when you buill There Be Any Tax When Selling Your House? Here's What You Need to Know One of the most curious questions in real estate sales is: “Will there be any tax on my house?” The answer to this question is actually directly related to when you buy and when you sell. The 5-Year Rule According to the Turkish Income Tax Law, a real estate (house, land, workplace, Dec.) if you sell within 5 years from the date of acquisition, the gain arising from the sale is considered a “value increase gain” and is subject to income tax. However, no tax is paid for the sales gain on real estate held for more than 5 years. How is the Tax Calculated? The tax is calculated on the difference between the sale price and the purchase price.Dec. This is the difference: Updated with inflation rates, Deducting the specified exception amountThe tax is calculated on the difference between the sale price and the purchase price.Dec. This is the difference: Updated with inflation rates, Deducting the specie tax is calculated on the difference between the sale price and the purchase price.Dec. This is the difference: UpdateThe tax is calculated on the difference between the sale price and the purchase price.Dec. This is the difference: Updated with inflation rates, Deducting