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...
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,...
Good day, I have a special question regarding the three-property limit. The situation is as follows: 1. In 2019, I sold a garage for 14,000 euros, which I had bought for 13,400 euros in 2014. The reason for the sale was that the trouble with the pr...
Speculation tax on property with 2 partial areas. A property consisting of 2 parts is to be sold. One part of the property has been in my possession for decades and was enlarged through an additional purchase 1 year ago. If the property is now sold...
Dear Sir or Madam, I need information on a possible capital gains tax in the following case: - In 2005, my father inherits an undeveloped plot of land from his sister, which has been in her possession since 1960, valued at approximately 900,000 euros...
Hello, I bought a property in 2011, which was rented out until 06/2013 and then remained vacant. Since 1.2.2014, I have been using the property myself (as my main residence according to the registration certificate). I would like to sell the propert...
Inheritance settlement: my mother, my 2 sisters, my brother, and I have inherited an apartment from our father (mother 50%, siblings 50%). Now the 2 sisters are supposed to receive the apartment, with compensation payment to my brother and me, my mo...
Dear Sir or Madam, I would like an answer to the following question: In 2012, I (a freelancer) sold a house that was 30% business property (owned for 8 years). In the same year, I bought a new house, of which 38% is rented out privately (VAT-free) -...
Dear Sir or Madam, My wife, my children (28 and 38 years old) and I live in Germany and have owned an apartment in Russia for more than 10 years. The ownership is shared, but with defined parts: 2 parts belong to my wife and 1 part each to the other...
Hello, I am currently working and living in Dubai (since 1.7.2014) with an employment contract from the local company of the company. Before my stay in Dubai, I lived in Switzerland for over 2 years. I plan to return to Germany in 2015. How does my...
My wife inherited an agricultural property in 2013 from a former, long-abandoned agricultural operation, which she now wants to sell to the tenant in 2015. Is the sales proceeds taxable for income tax purposes?...
Dear Sir or Madam, I am writing to inquire about the acquisition of a residential property from family ownership. In 2010, I purchased a house for private residential purposes from my mother. All agreements between my mother and myself were made ve...
Hello everyone, 20 years ago, a grandfather inherited 2 two-family houses (as co-heirs) to his grandchildren - the houses were then burdened with mortgages. These houses were built in 1965 and 1968 respectively and have been exclusively owned by the...
Hello, I have a limited liability company (UG), my tax advisor has prepared my balance sheet, in which there is no information about the equity. How can I calculate the equity? She also refuses to give me a value, which I find strange. Best regards,...
Hello, In 1997, I acquired an undeveloped leasehold plot in a allotment garden with my then husband, and in 1998 we built a weekend house with outdoor facilities on it. In 2006, the entire "complex" was sold, all leaseholders became owners, meaning t...
Dear Sir or Madam, I am a freelancer with a vehicle that is used both privately and for business purposes. My company has been in existence since 2009. In 2011, I used the vehicle for more than 50% for business purposes, while in the years 2009, 201...
I owned € 20,000 in mortgage shares of WGF AG, Düsseldorf. WGF AG went bankrupt in December 2012. Subsequently, in January 2013, I transferred these securities via securities account transfer to Valora AG, Ettlingen and then sold them to Valora AG (p...
Hello, my questions concern the acquisition of a 3-family house. Currently, one apartment is being used by the seller and 2 apartments are rented out, starting from July we will take over the seller's apartment, the other two will remain rented out....
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: ...
More than 10 years ago, I bought 2 small apartment buildings. In addition, there are 3 condominiums. Also, my private residence with a large plot. None of these properties have undergone major renovations or expansions in the last 10 years, only mino...
Letter from the tax office dated 23.11.2012: "According to the information provided, you received interest income from foreign payers in 2007...... Please submit your response by 17.12.2012..........." In our tax returns (myself and my wife), we d...
Hello, I transferred half of my commercial and residential property, which I built in 1996, to my husband in 2008. Since 2003, this property has been rented out, currently to my children. We now want to sell this property to my daughter and her part...
I intend to establish a sole proprietorship. Activity: - Rental of own holiday apartments to holiday guests Expected turnover: - more than 20,000 euros / year - therefore I am subject to VAT Questions: - How is it in case of a possible sale of the ...
Hello, I am a German citizen, my husband is a Colombian citizen. We got married here in Germany in August 2011. Our child was born in September 2011. In 2011, my husband was officially registered in Germany twice: from 1.8.-30.11.11 and from 1st De...
