Hello, I have a question regarding the small business regulation. My wife owns garages (sole ownership) with a total turnover (approximately 18,000 euros) that still falls under the small business regulation. She is currently taking advantage of this...
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...
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...
I have to prepare a liquidation opening balance sheet for a limited partnership as of January 1, 2020. The closing balance sheet as of December 31, 2019 is ready. Do I have to take over the remaining fixed assets with the tax value as of December 31,...
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...
We (father, mother, son) want to establish a real estate partnership (GbR). The mother will contribute a mortgage loan (in her name) of €80,000, while the father and son will each contribute €10,000 in cash. We want to divide the shares of assets and...
We (mother, father, and sons) plan to buy a property as a GbR. 1) Does a pure real estate GbR need to be registered with the tax office (tax number)? 2) Can mortgage interest be claimed as a tax deduction if the borrower is not the GbR, but a shareh...
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...
Dear Sir or Madam, I have some questions regarding entries in the Separate & Unified Tax Assessment. The situation is as follows: GbR with 2 partners (self-employment, no trade) One partner has made in-kind contributions (office equipment) and cap...
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 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...
Hello, My name is Matthias. I have been running a business as a sole proprietor for several years. Now I have founded a second business with a partner as a general partnership (OHG). Can I now buy and sell goods back and forth? Is it allowed to sell ...
I live with my girlfriend in our own house. We are not married and have no registered partnership. Now we have a rental apartment in the house. My question: Do I have to divide all the things I want to depreciate and deduct, as well as the rental in...
Dear experts, my question is: we want to open a restaurant, there are 3 people (GbR already have a standard contract here). The license should only be applied for by one of us. This means that only one of us is the managing director to the outside, t...
Good evening everyone. The closure of the business has already been communicated to the tax office in May, with a statutory notice period of 6 months for the 2 employees. Question: Is it correct that the closing balance sheet must be prepared at th...
A and B bought a farmstead and several meadows in 2011, each for 1/2. One meadow and the green area of the farmstead were officially self-managed. A and B received operating premium, compensatory allowance, and VNP by having a business number and re...
Dear Sir or Madam, I am interested in purchasing a property (care facility) and the resulting depreciation possibilities on taxable income. The purchase of the property leads to the following tax benefits, which reduce my taxable income: - Over 50 ...
Dear Sir or Madam, I co-own a condominium with my divorced husband, which we rent out. Up until now, we have reported this on Annex V and all was well. However, starting this year, we are operating as a GbR and must fill out a questionnaire. Do we s...
Hello, as an unmarried couple, we are founding a real estate partnership (for rental purposes) and would like to agree on a profit distribution in the partnership agreement that differs from the shares. To my knowledge, this is not so easily possibl...
Question about the commuter allowance in the private income tax return The following circumstances apply: 1. I work both as a freelancer (in a partnership) and as an employee (4 days a week) 190 km away from my home. 2. I have a company car at my di...
Good day, I need your help with the following matter: A sole proprietor (merchant) is offered a retail shop for purchase. What options are available for tax purposes here? A1. Can it be purchased as a private individual and then rented to the busi...
Shares in a real estate partnership are transferred from shareholder 1 to shareholder 2. Can speculative gains be generated here, and how should this be taken into account for income tax? (Real estate transfer tax should not apply) Are there any spe...
Dear expert team, I need advice for the following situation. Currently, I am living in a terraced house with my partner. We are not married and do not plan to be. The house is valued at approximately 260,000 euros, with a mortgage of 140,000 euro...
Dear Sir or Madam, Over the past years, I have invested as a private investor in three companies through a limited partnership (GmbH & Co KG). Unfortunately, all three companies have gone into insolvency due to the unwillingness of the banks involve...
