Expert's Advice on Real Estate and Money

New tenants bonus cuts taxes

Not just house builders, but also the tenant may have been recently on an entirely legitimate form of tax savings are happy: The operating costs for a rented property in the tax may be specified. New rules for household services make it possible – even retroactively. Unless the outstanding tax can also operating costs for 2003 through 2005 be claimed. But how does it all?

Material costs are not included
Those who work in the apartment by professionals it leaves, can be 20 percent pure wage settle. Material costs remain ignored. But the operating expenses of the landlord to the tenant continues, there can be claimed for tax. Caretaker costs and repairs in the house belong to the garbage disposal is not.

Wage and material separately indicate
Since this year, a landlord wage and material cost of operating separately in payroll specify. Thus, it is easier for tenants, wage costs in the cover sheet indicated the tax return. Older settlements are often not separate costs. It remains the only tenant left, the wage cost estimate. A test compass of the German Federal helps tenants here, the corresponding cost for the chimney sweep or caretakers correctly.

For outstanding tax applies:
Who operating in the outstanding tax assessments fit, you must note that for the years 2003 to 2005 only the work are deductible, the tenant would even work. , Professional work ‘(eg, maintenance of a heating system) can therefore for this period are not invoked.