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 ...
Dear Sir or Madam, In 2012, I purchased several condominiums in Germany that I now want to sell. In total, there are nine apartments. Normally, by selling nine apartments, corresponding counting objects would be generated, which could classify me as...
For future real estate transactions (acquisition - appreciation - sale), I would like to establish a GmbH (limited liability company) as I do not want to infect private properties with commercial activities in order to be able to sell them tax-free a...
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...
Hello, I am an employee with a gross salary of 34500 € and I have three rented properties. I pay 630€ in interest for the loans on the properties and have 1470€ for repayment and cash flow. Now I would like to open a brokerage account (starting with ...
Good evening, I co-own a real estate portfolio in Germany with my ex-wife as a GbR. Each of us owns 50%. The portfolio was not subject to separation of property. We are both registered in the land register. Rental income flows into a joint account, f...
§ 23 EStG Counting property/3 object limit Within the last 5 years, I acquired an undeveloped piece of land. A neighbor approached me with a request to be able to acquire a narrow strip of land parallel to his property. I agreed to this. Shortly af...
Is there a chance of filing a lawsuit against the rejection ("gross negligence") of the amendment of an income tax estimate (without reservation for review) based on my rental documents submitted only 9 days after the deadline for objections? For exa...
Hello, I am currently living abroad with my partner. In a few months, we will be moving to Germany and living together in a shared household. We have a child together who also lives in the household. We are not married. My partner does not work, she...
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...
I want to gift a small, very old terraced house (84 sqm / 120 sqm / 1921 / land value 80 €) to my niece. I have told the notary an estimated house value of approximately € 70,000, which will also be set in the contractual documents. Does the tax offi...
I own various apartments and commercial properties as a sole proprietor. The money flow goes through one account. Can I book directly from the account into the various income statements, or do I have to use a transition account? Do I have to create d...
Hello, as part of the anticipated inheritance, I would like to transfer agricultural and forestry properties to my children. In order to make use of the tax exemption that one receives once in a lifetime, as well as the tax exemptions for the childre...
My husband and I have found ourselves in a precarious situation due to double taxation - our situation is as follows: My husband and I lived and worked in the UK for many years. A few years ago, my husband moved to Germany and our 2 daughters follow...
Since last year, I own two multi-family houses. One of them had more maintenance expenses, which are expenses that can be deducted in the same year, than I had income from this house, resulting in a loss. What is the correct way to account for this l...
I am a craftsman based in Germany. We are currently renovating apartments in Austria for a client. We source the materials locally in Austria and install them there. The project will take approximately 6-8 weeks, during which time we will be on site....
I am renting out a semi-detached house to my parents. Therefore, I fall under the rental provision §21 paragraph 2 EStG (66% rule). The city where the semi-detached house is located has a rental index for apartments. However, according to the city, t...
I have 2 apartments that generate negative income. So far, they have reduced my taxable income. A few years ago, I emigrated. Since then, I have been filing my tax return in Germany as a limited tax resident. The tax office now sends me a notice ever...
Dear Sir or Madam, My fiancée (an English citizen with a British passport) has been living and working in Germany for the past two years (receiving her salary from Germany) and also rents out a property in England. The expenses related to the rental...
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,...
Disposal of business assets after using 30% of real estate assets in business assets followed by transition to private use (withdrawal). Value added tax and income tax?
Does value added tax apply when a GmbH sells its previously self-used house (single-family house on foreign land) to its two shareholders (current and future property owners)?
Subject: Possible inheritance tax Please advise me: Is the "Solution Idea 2" in the "Details" a solution or not? What is your advice then? Details: Condition: 1. Marriage contract 1990: Separate property 2. Will: Berlin Will 3. House and land owner...
Dear Sir or Madam, I would like to purchase a new condominium and then live in it myself. My old apartment is also a condominium and almost paid off - I would like to keep it and rent it out to someone else. To secure a loan from the bank, I would l...
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...
