Dear Sir or Madam, the following situation: My wife and I bought and paid for a single-family home for our own use in August 2019. The house is financed by a loan. The transfer of the land register took place in January 2020. Due to a contractual ag...
Tax legally appropriate wording for the notarial contract for the division of the purchase price of a house into movable objects, land, and building with regard to tax recognition for the maximization of depreciation allowances (BFH reference number:...
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 planning to buy a house with 3 apartments at the beginning of 2015, and rent out all 3 apartments. Questions: 1) Would it be possible to purchase tools and materials for maintenance measures planned for 2015 still this year, in order to reduce ...
I am a freelancer and liable for VAT. Now I would like to purchase an existing house with 2 apartments: + Occupy apartment 1 (~50% share) privately + Rent out apartment 2 (~50% share) to a third party Questions: 1a) I would like to assign the entir...
I am selling a garden shed and a driveway gate for 500 euros each, plus a sales revenue of approximately 2000 euros for curtains, wall unit, couch, and fitted kitchen. How do I need to declare and pay tax on these earnings? (I bought the house two ye...
Dear Sir or Madam, I will be working for an Austrian company from Munich starting in October. The company has not been active in Germany before. My future boss wants to start the employment with a so-called consulting contract. Does this mean that I...
I intend to initially start a business alongside my job as an employee. I am an engineer and I want to develop a complex machine, so that costs are incurred for several years (3-5). If I am successful, we will move to production, hopefully generating...
In a lake holiday area in Rhineland-Palatinate, a holiday cottage (approx. 30m2) was purchased on a leased plot of land. Purchase price 120,000; value of the cottage is listed as 30,000, then the purchase price includes courtyard structures, paving,...
I work as a doctor as a freelancer for a certification institute. I visit hospitals, conduct a quality audit, and create an audit report. The cumulative fee for this was approximately €8,500 in 2009, but this year, due to more assignments, it is arou...
