Purchase contract regulations for commercial space in a single-family home
March 24, 2015 | 25,00 EUR | answered by Anton Pernitschka
I intend to buy a single-family house. In the basement there was a doctor's office, which has been unoccupied for about 4 years, as it was operated by the previous and now deceased owner of the house. I intend to rent out this part of the house again or at least make it tax advantageous, and wanted to know if there is anything I need to pay attention to in the purchase contract so that the tax office will allow me to deduct the proportional acquisition costs and depreciation later on.
Dear inquirer,
In the context of an initial consultation and taking into account the regulations of this forum, I would like to answer your question based on your fee.
Positive or negative income from rental and leasing can only be tax-deductible if a rental or lease agreement is intended to be permanent.
In this case, the agreements in a rental or lease contract are generally decisive. Corresponding provisions in a purchase contract are not necessary.
The answer is based on your description of the situation. Missing or incorrect information about the actual circumstances can affect the legal outcome.
Best regards,
Anton Pernitschka
Tax advisor
... Are you also interested in this question? 
