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 ...
As a private landlord of the 7 apartments in a multi-family house, I would like to temporarily hire a Polish citizen for 3 weeks as a short-term mini-jobber as a caretaker for tasks around the house (small repairs / renovations, gardening). The total...
Hello, first of all, happy new year. I have a question regarding income from rental properties. I own a house together with my mother. This house comes from my grandparents and I inherited part of it after the death of my father. The house has bee...
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 ...
I bought an old farmhouse in 2009. However, I sold the house in 2019, about 6 months before the end of the ten-year period. The tax office is likely to calculate capital gains tax. The question is how I can reduce the profit. The property was rented ...
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...
Hello, my grandparents (both around 90 years old) have lived in your single-family house in Dresden for many years. Unfortunately, they had to move to a nursing home (full care) in the neighboring city of Radebeul. We have re-registered them and cha...
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 Sir or Madam, I already have an appointment scheduled for this Friday for the sale of an old inn, and now unexpectedly the following question has arisen, which unfortunately must be answered by this evening: The inn was transferred into the pr...
Dear Sir or Madam, My husband wants to gift me his share of our shared apartment (his 50%). In return, I would take over the remaining debt of the joint loan associated with the apartment. There would be no gift tax incurred for the gift, as it fall...
Since April 2017, my husband has been working from home (1st place of work in the employment contract). Now we would like to deduct the home office for the first time in the tax return for 2017. We purchased our own home in 2013 and have not previous...
Hello, I am a German and Swiss dual citizen and I own a company in Switzerland, where I have been working for 9 years and also lived almost continuously until two years ago. My wife - who is only a German citizen - is employed at my company as the d...
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...
Dear Sir or Madam, I own a condominium which I would like to rent out at a reduced rate to my brother (a student). From my point of view, it would be acceptable from the tax authorities if the living space is rented out above 66% of the local compa...
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....
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...
Dear expert, My question revolves around the possible imposition of gift tax in the case of a house sale within the family. The situation is as follows: We want to buy the house of an aunt who can no longer afford to maintain the house on her own a...
Dear Sir or Madam, After completing my studies and internship in 2006, I moved from Frankfurt to London and started my own business here. I hold German and Polish nationality, but am only registered here in England and pay my taxes here. Since 2012...
I inherited a completely dilapidated house from my brother, which he had been living in for more than 10 years, but had to pay out half as a compulsory share. I incurred a) clearance costs, b) I renovated the house. Now I want to sell the house. Will...
I would like to commercially rent out a building (built around 1900) to my wife, which has an acquisition value (agreed with the tax office over the phone) of 52,500 EUR (excluding land). We are jointly assessed for tax. My wife runs a small business...
I have owned a condominium for over 10 years. My parents used to live in it. Now they have both moved to a care home and the apartment is being renovated, while it is vacant. It will be rented out afterwards. How can I deduct the renovation costs fro...
In 2013, we founded a GbR and purchased 3 houses, each for 40,000 €. The houses had to be partially renovated. The houses will not be sold until 2014, resulting in a loss for the GbR. 1. Should the purchase prices be considered as costs to be booked,...
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...
