Wir denken mit dem Taschenrechner des Anlegers!

Advertising Expenses / Amortization

The total financial expense in purchasing a condominium is divided as follows and will be treated for tax purposes as follows:

  • Ø cost of acquisition of the property

Attributable to the land portion of the purchase price cannot be amortized for tax purposes.

  • Ø Cost of Alt-building

The reduced proportion of the plot purchase price yields the building stock. It can be written off linearly annually with 2.5%. The distribution of groundwater and soil-building substance to proportion-share given by the competent tax office.

If the condo acquired for the purpose of personal use, we recommend that the buyer discusses his individual tax situation before signing a purchase contract with its relevant tax advisor.

more “risks and rewards”