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...
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...
Five years ago, I switched to self-employment. During my self-employment, I used my existing car and depreciated it annually through the AFA (German tax depreciation method). Last year, I gave up my self-employment, and the private car was fully depr...
Dear experts, the situation is as follows, with a request for answers to the following questions: A good acquaintance (not related) wants to buy a property. (He currently lives in this property under a rental agreement.) Since he does not have eno...
Hello, a question regarding the company car. So, a sole proprietor has privately purchased an Audi A6. He then wanted to include it in the company assets. The A6 was included, but with the purchase value (€11,900) and without VAT being deducted. The ...
Dear Sir or Madam, In 05/2013, we acquired a leasehold property (102 condominiums) for a purchase price of 2,000,000 euros. The annual ground rent amounts to 2,000 euros. The remaining term of the ground lease is 39 years. How high is the real esta...
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...
Doctor uses garden pavilion without foundation in his own garden (purchase cost 100,000 €) as a practice. 1 What is the useful life to be used for depreciation (building/garden house)? 2 What withdrawal value should be used if the practice is close...
I bought a 1960s 2-family house in need of renovation for about 200,000 €. The house is situated on a 750 m² plot of land in a residential area with a land value of 230 €/m² (according to the Upper Valuation Committee of the state of North Rhine-West...
Hello! I purchased a company car on 1.11.2012. List price: 18,038 € Purchase price (net): 11,512.61 € 19% VAT: 2,187.39 € Gross price: 13,700 € The company is to be dissolved by 31.12.2014 and the company car sold. The VAT (2,187.39 €) was offset in ...
In 2013 we bought an old semi-detached house (built in 1913) with basement, ground floor, upper floor and attic (rented out) on a 425 sqm plot. In the tax return, we made a split of 80:20 for the acquisition costs, which the tax office does not reco...
Hello, I am self-employed and drive a leased company car with over 50% business use (estimated operating assets) invoiced according to the 1% rule. The lease has a duration of 4 years and will end next year. I would like to privately take over the...
I have several properties (some owned solely, some jointly with my wife) that I want to sell. As far as I know, I am allowed to make 3 or 6 (for married couples) property sales within 5 years in order to not become subject to commercial tax. 1. If, ...
Depreciation of furnishings for rental Question about depreciation during AFA, VAT when depreciating I have purchased a condominium that I renovated and fully furnished (furniture purchases in 2010, self-assessment tax return for 2010) and then ren...
Had an accident with my company car in 2009. I then sold the car and entered it in line 19 of the income statement (sale of fixed assets). In line 35, I entered the remaining book value. I then immediately bought a new car, and used all possible opti...
I started my own business on 18.7.11. It is a sole proprietorship offering services for seniors such as shopping, driving, and errand services. A 6-year-old used car is to be transferred into the business assets, and I will be using the mileage log m...
Good day, The tax office does not want to recognize my accident on the way to work because my car was too old. Year of construction 2002 - accident in 2010. It is a Corsa. There was an economic total loss. A comparable Corsa cost 4000 - 5000 euros at...
Dear experts, I request answers to the questions for the following scenario: Married couple (56, 61 years old) with 2 children (24, 26 years old) wants to provide a private loan to the older son for the purchase of a property. Plan: Purchase of a c...
Dear Sir or Madam, I keep a mileage log for my company car as an employee. The costs are settled monthly fictitiously with a final settlement at the end of the year. Now to my question: How is the settlement done after the sale of the old car and ...
