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, 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...
Question about the deduction of repair and conversion costs of a commercial building/barn into a holiday apartment for rental purposes. On the property with a single-family house, there is a commercial building/barn that is currently being repaired ...
We paid a special levy of 14 TEUR each for the renovation of the bathroom in our condominium in 2018. A corresponding resolution of the owners' meeting from 2017 is available. It is clearly maintenance expenses. The bathroom renovation was necessary ...
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...
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...
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...
We are a GbR with 3 shareholders. Currently, all shareholders are equally entitled to the profits of the company. We now want to adjust the profit distribution so that only 2 shareholders are entitled to profits. The background of the redistribution ...
Hello, Can I circumvent the 15% limit by spreading the costs of a renovation project over several years in a building that is partially rented out and partially used for residential purposes (heating system replacement, no higher standard)? I bough...
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...
I am neither a businesswoman, nor do I have a trade or practice a liberal profession. For my income tax, I therefore declare the surplus of income over expenses, without balance sheets or evaluations. Can the tax office demand a breakdown of the inco...
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, I am currently in the process of purchasing a condominium and negotiating the details for the purchase contract. Since I could imagine renting out the property in the future after a period of owner occupancy, I am wondering if it makes sense i...
Good day, we intend to purchase an apartment from a property developer (which has been completely renovated beforehand) in order to rent it out afterwards. The purchase price does not include three special requests, which we will pay for ourselves ...
The situation is as follows: I run a GbR (partnership) together with my brother. I earn about 60,000 euros per year. My brother owns a 2% stake in the company. After all deductions, this results in a net income of about 40,000 euros for me. I have...
I am planning to buy a house with 3 apartments at the beginning of 2015, and rent out all 3 apartments. Questions: 1) Would it be possible to purchase tools and materials for maintenance measures planned for 2015 still this year, in order to reduce ...
I would like to privately purchase a single-family house with a small granny flat. As I run a small business (legal form UG), the granny flat, as well as a garage and two additional basement rooms in the house, should be rented out to the company. Th...
Gift tax, real estate transfer tax Germany-Austria Dear Sir or Madam, a good acquaintance (not related to us, resident in Germany) wants to transfer a vacation home (located in Tyrol) to us (married couple, resident in Germany) in equal parts. The op...
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...
Since this year, smoke detectors have been mandatory in Baden-Württemberg, and now I would like to start my own business as a part-time specialist for smoke detectors. This would involve selling, installing, and maintaining smoke detectors. I could d...
Hello, I will soon be starting a business under the small business regulation and I am trying to be recognized as a "freelance profession" (construction consultancy) at our tax office. If not, then I will go through the commercial route. So far, I ha...
I am an entrepreneur and employ a secretary for 22 hours per week. Due to successful business performance, we both want to increase her weekly working hours to 29.5. However, she is currently in the most unfavorable gross/net situation possible, bein...
Good day. After acquiring a commercial building that is to be used for business purposes, extensive renovation and modernization measures were carried out. The building was purchased at a very low price and a multiple was invested (the 15% limit has...
I live and work in France, and I receive my salary in France. I want to buy a protected monument house in Germany, and I know that tax benefits are possible if the house is renovated. Logically, one can only get tax benefits if they have a local inco...
Sale of a self-occupied property - obligation to demolish and divide before sale: I am the owner of a single-family house that has been exclusively self-occupied for many years and is currently still being used as such on a large plot of land. I wou...
