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 ...
Good day! Currently, I am planning to move to Singapore for approximately 1-2 years with the intention of returning. At the moment, there are loss offsetting pots from stock market transactions, primarily in the "Other" pot (not in the "Stock" pot)....
Tax law association, Hello, I am the chairman of a sports club. Founded last year, tax-exempt status was granted right from the start. Despite multiple requests, our financial director has not been able to file the tax return. As a new club with a fi...
Hello, I am a German and Swiss dual citizen and I own a company in Switzerland, where I have been working for 9 years and also lived almost continuously until two years ago. My wife - who is only a German citizen - is employed at my company as the d...
I have purchased several $25 Ad Packs on Getprofitadz on the internet. The purchase price of these packages is an investment that will never be repaid. Lifetime advertising revenues are generated for the Ad Packs, which GetprofitAdz distributes to th...
Subject: Mixed-use property and subsequent production costs Dear Sir or Madam, The following scenario: Owner (77, nursing level 1, GdB: 90) owns a multi-family house built in 1950 with 3 units: ground floor, upper floor, attic. Ground floor: occup...
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, I worked in Kehl am Rhein from January 2009 to October 2013 and lived in Strasbourg. According to the German-French double taxation agreement, I was subject to tax in France as a cross-border worker during this time. Since November 2013, I ha...
My question relates to the calculation of the 15% threshold, which distinguishes immediately deductible maintenance expenses from subsequent production costs. My husband and I bought an apartment. The 15% threshold of the acquisition costs of the bui...
Dear Madam or Sir, I have a question regarding the basic correctness of the period in the input tax booking. Some travel expense receipts or smaller invoices arrive even after the deadline for submitting the VAT return (despite an extension). I hav...
I work as a freelancer (interpreter and translator), have a VAT identification number and also have non-taxable income (from other services) in my work. I understand how to handle them in the summary report, VAT declaration, etc. However, as part of...
I bought a terraced house - new construction. I had it redesigned by the developer from the original plans into a 2-family house for partial rental. The costs for this are included in the construction contract for the house. After the purchase contra...
Dear Sir or Madam, My husband and I purchased a semi-detached house (built in 1926) in NRW in 2010. We bought the property as an investment. Here are the key dates: Notarial purchase contract: 22.02.2010 Transfer of ownership in the land register: ...
Acquisition of a fully rented property as of December 30, 2007. In the years 2008 and 2009, all maintenance expenses were recognized by the tax office as immediately deductible advertising costs. The decisions in this regard are not provisional. In 2...
Dear Sir or Madam, In 2011, we added a balcony to the rented attic apartment of our house (built in 1994). How are the costs for the balcony extension (€8000) and window/door unit (€2600) now deductible? 1) Is it mandatory that the balcony and window...
Hello, I am a registered merchant and operate my publishing house as a sole proprietorship. I would like to diversify my income from self-employment and am interested in further training for real estate investments. My question: Can this training b...
Following situation: Mother (receives disability pension, will receive regular retirement pension in 2 years) owns a single-family house (built in 1994) that is not yet fully paid off, and lives on the ground floor. I (self-employed) live with my fa...
Situation: I have income from - employment and - rental and leasing. Facts: I would like to take out a loan for a "Private House" using my income from rental and leasing. Loan: $150,000 2010 Rental and Leasing Income: $200,000 Advertising costs: $...
Hello, I have a question regarding the following situation: I have been granted an extension by the tax office for my 2010 tax return until 31.12.2011. After entering all the data into Steuerfuchs, my wife and I are expecting a significant addition...
Interest deduction received - abuse of design Initial situation: Two existing mortgage loans, secured by a property in private ownership. For one of these loans, the interest deduction (subsequent advertising costs) from a former, no longer exis...
Hello, I have recently started renting out a single-family house (significantly renovated and expanded in terms of use and size), so these are all construction costs. I write these off annually at 2%, assuming a useful life of 50 years. But what abo...
In 1995, I received a capital of 300,000 euros from my parents who live abroad for investments and used it to purchase 10 apartments in a building. Since 1997, the same amount has been registered as a mortgage security plus a pension in favor of my p...
Dear Sir or Madam, I have the following question: I am a self-employed engineer and own a company car. This car is parked under a shelter. I would like to purchase a garage door for this shelter/garage. Can I deduct this garage door (approximately...
Dear Sir or Madam, I work as a senior project manager in home office and to a small extent in field work, a workplace at the employer's premises is not available to me. Therefore, the home office is the main location of my professional activities. ...
