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 ...
Good day, I run a sole proprietorship and would like to purchase an office for it now. Currently, this office is rented in a multi-family house and the tenants should be terminated after my purchase. What needs to be considered for tax purposes when ...
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...
Dear Sir or Madam, the following situation: My wife and I bought and paid for a single-family home for our own use in August 2019. The house is financed by a loan. The transfer of the land register took place in January 2020. Due to a contractual ag...
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...
Child benefit for unmarried couple Hello, I have the following situation: I live together with my partner and we have a common child. However, we are not married. My partner is on maternity leave but does not receive any income. I pay her maintenanc...
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...
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...
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...
I want to gift a small, very old terraced house (84 sqm / 120 sqm / 1921 / land value 80 €) to my niece. I have told the notary an estimated house value of approximately € 70,000, which will also be set in the contractual documents. Does the tax offi...
Tax legally appropriate wording for the notarial contract for the division of the purchase price of a house into movable objects, land, and building with regard to tax recognition for the maximization of depreciation allowances (BFH reference number:...
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...
Question regarding rental and leasing: For years, I have rented out a granny flat in my owner-occupied house. In my income tax return for 2016, I declared rental income of EU 408,-- cold rent and a lump sum for utilities of EU 92,-- as income, as I h...
Five years ago, I switched to self-employment. During my self-employment, I used my existing car and depreciated it annually through the AFA (German tax depreciation method). Last year, I gave up my self-employment, and the private car was fully depr...
I am a freelancer, and I have purchased a 3-year-old used car with value-added tax, which I would like to include in my business assets. Estimated usage: 50-70% for business purposes. 1. Do I need to inform the tax office about the usage as an assig...
The practice rooms, which are located in the residential building, occupy 27% of the living space. Half of them are currently in business assets. The practice is being abandoned, and the share of 13.5% is to be transferred back to private assets. In...
Dear Sir or Madam, I intend to work as a freelance trainer, coach, and mediator starting from 01.02.2017 and have accordingly applied for this with the tax office. Here is my question: I own a private car with a first registration in 05/2015 and ...
Dear Sir or Madam, I own a condominium which I would like to rent out at a reduced rate to my brother (a student). From my point of view, it would be acceptable from the tax authorities if the living space is rented out above 66% of the local compa...
My wife has inherited a farmhouse from her parents, which has always been used for personal use. Therefore, depreciation has never been claimed. According to the available documents, the house was built in 1955. We would like to rent out the house no...
Hello, Last year we bought a vacation apartment in a multi-family house, which was also occupied until the sale. We carried out cosmetic repairs, which in total (including travel costs) exceed 15% of the purchase price. Nothing was expanded or change...
Hello, I acquired a multi-family house in May 2016. The house is fully rented out. Each apartment has a fitted kitchen, which was included in the purchase price. The fitted kitchens were mentioned separately in the sales contract, but without a speci...
Dear Sir or Madam, I have purchased a condominium from the property developer, which is currently still under construction. The condominium is intended to be rented out immediately after completion. The notarization has already taken place. Now I w...
Dear Sir or Madam, In 2015, I purchased a plot of land in order to build a holiday home in 2016, which will be used solely for rental purposes. In 2015, I incurred expenses such as the purchase of the land, land transfer tax, fees for registrations,...
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...
According to the attached file, I also kindly request additional clarification and consideration of my detailed question regarding value added tax in relation to UstG §3 (1a) sentence 2, as I transferred my building unit from private to business asse...
