In Europe, is much more hard to find houses for sale in bitcoins. Maybe next year.
But we already see a few cars for sale.
Topic: Buying a house with bitcoin - page 5. (Read 6319 times)
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
I tried selling my last house with BTC in US before listing. Ended up getting a USD offer at ask, but never had a BTC bite. Fwiw. I think we're starting to make headway into car purchases... houses are probably a good way off. Not as far away as Branson's space travel, though, so if you try, I'd guess you at least have a better chance than him. 
"Buying a house with bitcoiN"
Haha, yeah, that's right letter - not bitcoins, but bitcoin. If you know what I mean
"bitcoin" can be used to mean either singular and plural, like sheep.Haha, yeah, that's right letter - not bitcoins, but bitcoin. If you know what I mean
Well a few houses in Canada were sold for Bitcoin and I have seen a few threads here and there about it but it certainly is uncommon to see it now with sites like Bitpremier probably being the best places to look for houses.
However you might have a point about car purchases being done in Bitcoin it is getting to the stage where it is becoming popular enough that some people may be willing to trade their car for some.
I tried selling my last house with BTC in US before listing. Ended up getting a USD offer at ask, but never had a BTC bite. Fwiw. I think we're starting to make headway into car purchases... houses are probably a good way off. Not as far away as Branson's space travel, though, so if you try, I'd guess you at least have a better chance than him.
"Buying a house with bitcoiN"
Haha, yeah, that's right letter - not bitcoins, but bitcoin. If you know what I mean
"bitcoin" can be used to mean either singular and plural, like sheep. Haha, yeah, that's right letter - not bitcoins, but bitcoin. If you know what I mean
To buy real estate, I think you have to register the property (it's in your own interest, at the Land Registry for England and Wales) and that act implies payment of taxes related to the transfer of real property (stamp duty of 4%?), no matter the mean of payment you used.
But do your home work.
But do your home work.
I read, From midnight on 24 March, Budget Day 2010, the threshold at which stamp duty becomes payable on homes was lifted from £125,000 to £250,000 - for first-time buyers only. And im a first time buyer.
+ rinse all bitcoin through satoshi dice could = tax free property purchase in UK in theory?
Quote
You don't want to live on a boat. Water leaves no legacy. You live by water, you die by water. She provides, and then she takes you.
Buy an island for like 50k-100k on the next bubble, pay some locals good money (still cheap money) to build you a nice open floor plan, and enjoy your newly built house on an island named Satoshi Island
Buy an island for like 50k-100k on the next bubble, pay some locals good money (still cheap money) to build you a nice open floor plan, and enjoy your newly built house on an island named Satoshi Island
I see some people are living for cheap on boats, no council tax and free mooring is possible also, thats 700pcm saved for me.
You can buy an island for 50-100k ? what am i missing where are these babies at?
"Buying a house with bitcoiN"
Haha, yeah, that's right letter - not bitcoins, but bitcoin. If you know what I mean
Haha, yeah, that's right letter - not bitcoins, but bitcoin. If you know what I mean
Its mebe not a good time to buy a house IN the UK ATM.
With or without bitc.
Or u like buying on the top off a bubble then go for it.
H
With or without bitc.
Or u like buying on the top off a bubble then go for it.
H
Well yes it looks kinda bubble but im still waiting for the crash, looks more like it will stagnate for many many years? the government doesnt want it to crash. All i see is housing programs all over UK TV. Whats going to cause the crash and when you think? Also % wise how big a crash? i remember max kieser tweeted a few months back to get ready for 50% house crash in UK in 2014 < this would be amazing.
My rent is like 600pcm, which i been paying for nearly 10 years now, fed up with it. But im looking into living on a boat also
You don't want to live on a boat. Water leaves no legacy. You live by water, you die by water. She provides, and then she takes you.
Buy an island for like 50k-100k on the next bubble, pay some locals good money (still cheap money) to build you a nice open floor plan, and enjoy your newly built house on an island named Satoshi Island
I am not sure, but sometimes in my country if you want to hide some taxes you just sign in the contract that you sold or bought something very expensive for 1$ and that is
To buy real estate, I think you have to register the property (it's in your own interest, at the Land Registry for England and Wales) and that act implies payment of taxes related to the transfer of real property (stamp duty of 4%?), no matter the mean of payment you used.
But do your home work.
But do your home work.
home sellers accepting bitcoin using bitpay/coinbase?
sounds crazy but i like it
sounds crazy but i like it
In fact there are real people accepting bitcoin for their villas/ hauses on bitpremier, most of them are really expensive but they accept bitcoin itself not need of bitpay or any other product like that.
The thing is what you already said... They are expensive. We need like 100-250k homes on a market. In doing so it will show that the average person can and is willing to sell their house for bitcoin and just not rich people.
real estate company in sydney i know that accepts payment with bitcoins, their website below
http://forsyth.com.au/Latest-News.php?postid=102
http://forsyth.com.au/Latest-News.php?postid=102
Its mebe not a good time to buy a house IN the UK ATM.
With or without bitc.
Or u like buying on the top off a bubble then go for it.
H
With or without bitc.
Or u like buying on the top off a bubble then go for it.
H
Well yes it looks kinda bubble but im still waiting for the crash, looks more like it will stagnate for many many years? the government doesnt want it to crash. All i see is housing programs all over UK TV. Whats going to cause the crash and when you think? Also % wise how big a crash? i remember max kieser tweeted a few months back to get ready for 50% house crash in UK in 2014 < this would be amazing.
My rent is like 600pcm, which i been paying for nearly 10 years now, fed up with it. But im looking into living on a boat also
Its mebe not a good time to buy a house IN the UK ATM.
With or without bitc.
Or u like buying on the top off a bubble then go for it.
H
With or without bitc.
Or u like buying on the top off a bubble then go for it.
H
home sellers accepting bitcoin using bitpay/coinbase?
sounds crazy but i like it
sounds crazy but i like it
In fact there are real people accepting bitcoin for their villas/ hauses on bitpremier, most of them are really expensive but they accept bitcoin itself not need of bitpay or any other product like that.
This won't really work in the United States (if you are trying to use BTC in association with any type of conventional or FHA type loan). You would have to find a seller that is willing to accept all BTC, or you would have to convert your BTC to fiat, and pay all cash.
Fannie Mae and Freddie Mac do not consider BTC to be liquid assets useable in correlation with loans.
Fannie Mae and Freddie Mac do not consider BTC to be liquid assets useable in correlation with loans.
Is there an official statement on this or just personal knowledge? This seems a bit odd considering the push towards making it a currency. And it is really liquid, so much as online-only bank accounts (HSBC comes to mind) are.
Something i thought of is if the BTC was "won via gambling" and then you buy a house well thats non taxable in UK no?
This won't really work in the United States (if you are trying to use BTC in association with any type of conventional or FHA type loan). You would have to find a seller that is willing to accept all BTC, or you would have to convert your BTC to fiat, and pay all cash.
Fannie Mae and Freddie Mac do not consider BTC to be liquid assets useable in correlation with loans.
Fannie Mae and Freddie Mac do not consider BTC to be liquid assets useable in correlation with loans.
home sellers accepting bitcoin using bitpay/coinbase?
sounds crazy but i like it
sounds crazy but i like it
*Insert Bitcointrepeneur thought*
BitEstate: The Housing Market run fully in bitcoin! Come browse our houses today, and pay in bitcoin!
BitEstate: The Housing Market run fully in bitcoin! Come browse our houses today, and pay in bitcoin!
I like the idea, but that was before i understood tax. Not sure now. Should imagine the next few years will be the best time for that business.
*Insert Bitcointrepeneur thought*
BitEstate: The Housing Market run fully in bitcoin! Come browse our houses today, and pay in bitcoin!
BitEstate: The Housing Market run fully in bitcoin! Come browse our houses today, and pay in bitcoin!
They will always get their taxes. You can use BTC for small purchases and avoid taxation pretty easily but something like that with a big purchase with lots of public records can get you in trouble.
Jump to: