03.02.2022 | answered by Knut Christiansen
Dear Sir or Madam,
In 2012, I purchased several condominiums in Germany that I now want to sell. In total, there are nine apartments. Normally, by selling nine apartments, corresponding counting objects would be generated, which could classify me as...
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01.11.2021 | answered by Bernd Thomas
The construction of a dormer with an extension of the living area by a few square meters, in my understanding, results in the entire construction costs being classified as production costs, with the consequence of a correspondingly long depreciation ...
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31.08.2021 | answered by Bernd Thomas
As a private landlord of the 7 apartments in a multi-family house, I would like to temporarily hire a Polish citizen for 3 weeks as a short-term mini-jobber as a caretaker for tasks around the house (small repairs / renovations, gardening). The total...
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03.06.2020 | answered by Knut Christiansen
We paid a special levy of 14 TEUR each for the renovation of the bathroom in our condominium in 2018. A corresponding resolution of the owners' meeting from 2017 is available. It is clearly maintenance expenses. The bathroom renovation was necessary ...
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26.04.2020 | answered by Knut Christiansen
My ex-partner and I have acquired several condominiums together and rent them out as a GbR (civil law partnership). Due to our separation, we now want to divide the apartments. Currently, each of us holds 50% of the GbR and also of the apartments acc...
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10.03.2020 | answered by Knut Christiansen
I bought an old farmhouse in 2009. However, I sold the house in 2019, about 6 months before the end of the ten-year period. The tax office is likely to calculate capital gains tax. The question is how I can reduce the profit. The property was rented ...
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11.12.2019 | answered by Bernd Thomas
Hello,
this year I bought a plot of land with my girlfriend, each owning 1/2.
Purchase price 140,000€ / 70,000€ my share
Due to various financial solutions, my girlfriend's parents "advanced" the money. So my girlfriend received 180,000€ as an ant...
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02.12.2019 | answered by Knut Christiansen
I own a rented condominium (2 rooms, 80 sqm), whose lease has now been terminated. So far, the apartment has only resulted in a small surplus for tax purposes, because for social reasons (elderly, befriended lady) I had set a low rent and have not in...
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23.11.2019 | answered by Knut Christiansen
Hello,
I have an urgent question regarding the speculation tax.
My father, who passed away in 2018, jointly purchased an apartment with my mother in 2004 for 240,000€, which was rented out to my grandmother. In their divorce in 2010, my father acqu...
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23.09.2019 | answered by Knut Christiansen
Hello,
my grandparents (both around 90 years old) have lived in your single-family house in Dresden for many years. Unfortunately, they had to move to a nursing home (full care) in the neighboring city of Radebeul. We have re-registered them and cha...
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10.07.2019 | answered by Knut Christiansen
As heirs (2 persons), we each own 50% of 5 apartments and one office. Initially, one apartment (50%) is now being transferred/sold from the first heir to the second heir as part of the estate settlement.
Capital gains tax is not applicable, as the o...
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08.07.2019 | answered by Frank-Olaf Illiges
Dear Madam,
Dear Sir,
I have a question regarding the speculation period for a self-occupied existing property (condominium).
Facts
I purchased a condominium on 02.12.2009 (date of notarial deed). The entry in the land register was made on 19.02.20...
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01.07.2019 | answered by Bernd Thomas
Good day,
How to deduct self-financed training costs for adult child from taxes?
Our adult child obtained the Fachholschulreife in August 2018 through the gymnasial leaving certificate after Class 11 and an immediately following "one-year guided in...
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22.05.2019 | answered by Knut Christiansen
Dear Sir or Madam,
I have the following question: I am divorced and jointly own 11 condominiums in Germany with my former wife, which we rent out as an investment. We have a joint bank account through which all income and expenses related to the apa...
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28.03.2019 | answered by Knut Christiansen
Dear Mr. Christiansen,
Thank you for your advice, I have another question.
Reminder of the key points:
My husband and I own two apartments, each 50% / 50%.
We will sign the gift contract for apartment No. 1 at the beginning of April and a few weeks...
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11.03.2019 | answered by Knut Christiansen
Is there a chance of filing a lawsuit against the rejection ("gross negligence") of the amendment of an income tax estimate (without reservation for review) based on my rental documents submitted only 9 days after the deadline for objections? For exa...
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28.02.2019 | answered by Knut Christiansen
Dear Mr. Knut Christiansen,
In addition to my first question:
(I apologize - I actually presented the situation incompletely)
My husband and I own two apartments, each 50% / 50%.
Apartment No. 1: Market value 540,000 €
No loan. Purchased in 2007, ...
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19.02.2019 | answered by Knut Christiansen
Dear Sir or Madam,
My husband wants to gift me his share of our shared apartment (his 50%).
In return, I would take over the remaining debt of the joint loan associated with the apartment.
There would be no gift tax incurred for the gift, as it fall...
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03.02.2019 | answered by Bernd Thomas
Dear Mr. Tax Advisor,
I come from Italy and have been living in Germany for over 10 years. Here in Germany, I completed my studies and started my own business about 8 years ago.
Since January 2012, I have been the owner of a condominium in Berlin, w...
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16.01.2019 | answered by Bernd Thomas
Dear Mr. Tax Advisor,
since March 2012 I have been the owner of a condominium in Berlin. I have had my registration there and have actually been living there. However, as I am often away on business, I occasionally rented out my apartment through Ai...
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08.01.2019 | answered by Bernd Thomas
Hello and good day.
I work in Frankfurt/M (police officer) and also have a residence there.
Due to a private change, my center of life has shifted to Austria (distance about 500 km). I am also registered at the residence of my life partner/fiancée ...
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09.12.2018 | answered by Knut Christiansen
I will start a position at the Royal Mail in England in May 2019, where I will work 4 days a week and can work one day from home in Germany. My contract will be issued by a German subsidiary of Royal Mail. Since the 4 days per week exceed 183 days pe...
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30.10.2018 | answered by Knut Christiansen
Question about the speculation tax
In 2014, we bought an apartment in which we live ourselves. In early 2018, we purchased special use rights for 4 parking spaces. These are registered in the land register of the apartment.
Now we want to sell the a...
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05.05.2018 | answered by Bernd Thomas
I own various apartments and commercial properties as a sole proprietor. The money flow goes through one account. Can I book directly from the account into the various income statements, or do I have to use a transition account? Do I have to create d...
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11.03.2018 | answered by Oliver Burchardt
Dear Sir or Madam,
In 2004 I purchased a house for a price of 400,000 euros. The house was divided into two residential units, a practice part on the upper floor and a residential part on the ground floor (the value for the upper apartment was estim...
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