Zakah on a rest house purchased for residence with the possibility of investment
Machine translationRead the Arabic original
Question:
He says, may Allah reward you: He bought a rest house for the purpose of residence. If it becomes possible to invest in it later, is there zakah on it?
Answer:
As long as he has not resolved to sell it for investment—meaning renting it out or selling it, we do not know which it means. If it means selling it, then zakah is not obligatory on it until he resolves to sell it. If he resolves to sell it, then zakah becomes due on it. But as long as he is undecided, not knowing whether he will sell it or live in it, there is no zakah on it. However, if he intends by investment to rent it out, then he pays zakah on its rent. There is no zakah on the property itself. Real estate that is rented out has no zakah on the property itself; rather, the zakah is on its rent. Yes.
He says, may Allah reward you: He bought a rest house for the purpose of residence. If it becomes possible to invest in it later, is there zakah on it?
Answer:
As long as he has not resolved to sell it for investment—meaning renting it out or selling it, we do not know which it means. If it means selling it, then zakah is not obligatory on it until he resolves to sell it. If he resolves to sell it, then zakah becomes due on it. But as long as he is undecided, not knowing whether he will sell it or live in it, there is no zakah on it. However, if he intends by investment to rent it out, then he pays zakah on its rent. There is no zakah on the property itself. Real estate that is rented out has no zakah on the property itself; rather, the zakah is on its rent. Yes.
Source
لقاء مفتوح [الطائف] — alfawzan.live (37:24)
The Arabic text is a machine transcription of the audio recording.