We are employees and bought a house in mid-2019 and paid accordingly. The previous owners contractually reserved a one-year right of residence against payment of rent. From mid-2019 to mid-2020, we received rent payments, after which the previous own...
Good day, in addition to my main job as an employee, I have been working as a freelance voice actor since 2012. (I always take advantage of the small business regulation). Since I have mostly incurred losses, a few years ago, the tax office suspected...
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 ...
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...
A KG is being liquidated. There is a limited partner and a general partner involved in the KG. Both have made equal contributions. Due to compensation for services, withdrawals, profits and losses, the capital accounts as of 31.12.2019 are, for examp...
Dear Sir or Madam, I am self-employed and in 2018 I was still covered by my wife's health insurance without having to pay contributions. Now I am preparing the income tax declaration for 2018. My commercial income exceeds the income limit of 5,220,-...
Dear Sir or Madam, I am registered as a freelance consultant, but have been unable to work due to illness since 08/2018. Until 07/2018, I had revenues, but afterwards only incurred costs (including a home office in my condominium). Nevertheless, in ...
My wife is a housewife and I am an employee. Annual income around 100k EUR. We have a female dog that my wife wants to breed for the first time in summer 2020. Then once a year. We can sell the puppies for around 2,000 EUR each. Possibly adding a sec...
For various reasons, we had to sell our rented (and therefore not self-occupied) single-family house in August 2019. This property was acquired in March 2010, so capital gains tax is due and we will have to pay it in 2020 along with our 2019 income t...
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...
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)....
Hello, To reduce the risk of individual capital investment, 2 friends and I would like to invest together. The price of the respective investment product would therefore be divided equally among 3 people. What are the options to implement this legall...
Hello, I am in tax class 3 and my wife (civil servant) is in tax class 5. Our annual gross income is distributed approximately 70% (me)/30% (my wife). We are planning to have a second child and would like to increase my wife's later parental leave be...
Unfortunately, I lost money in stock investments to a financial institution in Japan. The scammers disappeared with the money after a while. A report was made to the German public prosecutor's office but it was dismissed. Thank you in advance for yo...
In a first step, I am concerned with the question of whether the judgment of October 24, 2017 (file no.: VIII R 13/15) BFH is applicable to the insolvency-related quasi-total loss of ISIN AT0000A0U9J2 - WKN A1MLSS - Scholz Holding, Inh-Schv.V.2012(20...
I have invested in a film fund that will be dissolved in 12/2019. The distribution due there is considered income from commercial business. Since I already sold a wind power fund 4 years ago, in which I claimed § 16 para. 4 EStG, I now personally hav...
A limited partnership is being liquidated. There is a general partner and a limited partner. Both have capital accounts. The general partner has a negative balance, while the limited partner has a positive one. If the partnership agreement does not s...
Hello, I am a full-time employed editor, not self-employed. I am also registered as a freelancer with the tax office and work as a voice actor/actress. Up until 2015, my tax return was handled by a tax advisor, at which time my side business was reg...
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...
Hello, I have sold a sole proprietorship to a GmbH. I have determined and explained the capital gain to the tax office. However, no money will be received from the sale, as the GmbH is insolvent and the debt is uncollectible. Is it possible to clai...
I am Dutch, 66 years old, and have been registered as a commercial real estate dealer with the tax office in Korbach for more than 10 years. I buy, renovate, and sell old houses from foreclosure auctions as a hobby, but my earnings have been very lim...
Dear expert, My German GmbH had a participation in an Austrian GmbH & Co. KG (tax consolidation model). The Austrian GmbH & Co. KG has gone bankrupt. Is the loss of this participation tax deductible for the German GmbH? Best regards from Lengdorf ...
Assuming the limited partner of a limited partnership takes private withdrawals from the partnership throughout the year and deposits them into a private savings account (without spending them), while leaving the profits in the partnership. At the en...
I started my training as a studio speaker in 2015, but have not completed it yet (i.e., completed part 1, part 2 still pending). I had previously completed a university degree and in 2015 earned income exclusively from self-employment. (For various r...
Hello, Over the years, I have landed in the rank of Top Product Reviewer on Amazon. This has led to manufacturers contacting me since April and offering me products to buy and review on Amazon. I then receive the money for the product via Paypal. ...
