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Real estate management company abroad

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 ...

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Tax return of a wealth-managing GbR

Hello, I am currently working on the tax return of an asset-managing GbR. We only have income from capital gains, from a foreign bank. As far as I know, to declare the tax for the GbR, only a separate and uniform determination declaration is require...

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Self-financed education costs for adult child

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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Raising donations for a school in Kenya.

Hello, I hope you can help me with the topic of donations. At the turn of the year, I came across a school in Kenya that is led by a pastor and his family. He teaches over 450 orphans, feeds hungry children in his region, supports them medically, b...

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Reverse charge without gross data to Amazon

Hello, I am an author and publish with KDP Amazon. For this, I receive royalties overview from Amazon. I can't see the gross prices and fees. Now I have learned that in order for the accounting to be correct, I must send an invoice to Amazon (Revers...

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Correction of invoices from previous years

Good evening, I work as a freelancer and part-time lecturer at an adult education school. I am directly involved in the seminar fees and invoice based on these earnings after each seminar day. Unfortunately, one participant's course fee has not bee...

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Speculation tax

Hello, my husband and I bought a condominium in June 2011 and lived there until November 2014. In October 2014, my parents moved into the apartment rent-free and have been living there rent-free ever since. My parents pay the maintenance fees, while ...

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Incorrect booking previous year

Dear Sir or Madam, I use the chart of accounts SKR03 for the EÜR. Now I accidentally entered an eBay fee invoice (account 3125), which was only debited in January 2017, already in December 2016. The closing is of course already done. My problem n...

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401k

I am contacting your tax expert Mr. Oliver Burchardt with my question regarding the US pension fund 401k. I have deposited a total of $82,000 into a 401k from 1987 to 1995 in the USA, $10,400 of which was untaxed and $72,000 was taxed. By February 2...

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Recognition of tuition fees abroad after 6 years.

I completed a 2-year education at a private secondary school in Iceland from 2009-2011, which cost me approximately 17,000EUR in tuition fees. The degree obtained in Iceland is called a "Diploma" and the school was a film academy. During that time, I...

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Deductible costs for vacation rental properties

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,...

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Generated revenue through Paypal

Dear tax advisor, I am (still) a small business owner in terms of tax law and work in the sound engineering and media industry. There is a freelancer portal in the U.S.A. where I am registered and receive job assignments. Payment is made through Pay...

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Properly document income from operations

Dear Sir or Madam, I recently started my own business as a provider of training courses and now I want to expand my operations. I would like to ensure that my accounting is done correctly from the beginning, so that it can withstand the scrutiny of ...

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