My wife and I live in Portugal and are also tax residents here. Personally, I own a number of rental properties in Germany, with the rental income we use to support ourselves. All my properties are located in Germany and are managed exclusively by ...
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 ...
Hello, I am the managing partner (30% share) of a GmbH, 62 years old. The GmbH has 3 other shareholders with shares of 30%, 20%, and 20% respectively. The company has promised me a pension, which will be due in 2022. The pension has been secured ...
The situation is as follows: With the birth of our second child in May 2014, my wife's entitlement to benefits increased from 50% to 70% (under the official regulations of Rhineland-Palatinate). Accordingly, the private health insurance premium would...
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...
My husband and I have owned several rented multi-family houses for more than 10 years. One was sold in December 2018, another one will be in May 2019. Question: Can we sell a total of three properties each with a 50% co-ownership stake within 5 years...
Dear Sir or Madam, My wife has been self-employed since 2010 (sole proprietorship). The complete accounting (SKR 04, EÜR) has been carried out by myself (private individual) since then. Our vehicle is part of the business assets and is depreciated ...
Initial situation 2016 (simplified): Civil servant A14, salary 65,000 €, additional income from side business 3,000 € = non-self. income 62,000 €. Additional income from business operation (sole proprietorship trade as a side job). In 2016 loss -85,0...
Hello, my mother owns approximately 1 hectare of land which is registered as agricultural land. There has been no cessation of business declared so far. Now, this land is supposed to be divided among three children. Half of the land has a market valu...
I work 475 km away from my main residence and have a secondary residence at my workplace. On 44 weekends, I travel to my main residence where my family lives. So far, the employer reimburses me € 142.5 per family trip, calculated as 475 km x € 0.30/...
Dear experts, my question is: we want to open a restaurant, there are 3 people (GbR already have a standard contract here). The license should only be applied for by one of us. This means that only one of us is the managing director to the outside, t...
Hello, I started a further education in 2014 and funded it through Meister Bafög. I always have my tax return done by the Verdi Lohnsteuerhilfeverein. When I presented them with the documents from the bank (for interim financing), the notification f...
I am renting out a semi-detached house to my parents. Therefore, I fall under the rental provision §21 paragraph 2 EStG (66% rule). The city where the semi-detached house is located has a rental index for apartments. However, according to the city, t...
Dear Sir or Madam, Next year, my two siblings and I will be selling a house gifted to us by our mother in 2009 (total living area 240 sqm). My mother and I have been living in this house since 1968 (3 apartments 95/95/50 sqm). Since around 1980, one...
Hello, we are a fraternity and have accumulated a tax loss carryforward of approximately 25,000€ due to some past fairs. Since we no longer hold fairs, but only a small village festival, we would like to change the taxation of our income (value-added...
My wife and I want to give our daughter and son-in-law the initial capital for a two-family house (high five-figure sum). In return, we will have a lifelong, rent-free right of residence registered in the land register. We are aware that we will have...
I am the sole shareholder of an IT GmbH, which has not generated any revenues since mid-2013. Since May 2014, my wife has been appointed as the sole managing director. Due to a pension commitment (shareholder managing director), I have been receiving...
My wife and I are going to buy a condominium. Originally, we wanted to grant her parents a lifelong right of residence in this apartment in the land register without any compensation. However, we have now found out that this would incur gift tax. Bas...
I need help understanding: Last year, for example, I had a gross annual income of 19,760 euros, which will be similar this year. However, it may fluctuate slightly upwards, as I received commissions for the first few months of the year. I now have th...
Subject: Possible inheritance tax Please advise me: Is the "Solution Idea 2" in the "Details" a solution or not? What is your advice then? Details: Condition: 1. Marriage contract 1990: Separate property 2. Will: Berlin Will 3. House and land owner...
Hello, we are two individuals who founded a GbR in October 2014. During a one-time tax consultation, we were advised to make use of the small business regulation for the time being. In October, November, and December 2014, our total revenue was 6,140...
Hello, First of all, I would like to explain my situation. I am a software developer, self-employed with a business registration and no employees. I am no longer considered a small business and I still prepare my profit determination using the simpl...
We will buy a currently rented house for 460,000 € and declare own use as soon as possible. The current interest rate at the bank is 2.5%. My parents will provide us with a private loan of 50,000 € as "equity" at 2% interest with annual calculation;...
I have a sole proprietorship, consisting essentially of a self-created website and an app that is rated with AK. Now a sponsor wants to enter and contribute €15,000 for a 40% stake in the to-be-founded company (as capital reserve/start-up capital). I...
Dear Sir or Madam, I am planning to start my own business next year and to create and offer a cultural program with courses (and possibly lectures) in various museums. The courses would be led by freelance lecturers who I would pay. My work involves...
