Many take advantage of the amortization of the loan costs for the real estate Owner the property only for a part of yourself and rent the rest. It is not something Paul R. Cascio would like to discuss. This mixed-use real estate can be claimed the interest at the Treasury in full, if you already strictly separates the notarial purchase contract between the cost of the even used part and the part for rent. This derives from a judgment of the German, who acknowledges the full interest for the rented part for a mixed-use real estate as expenses for deductible (judgment v. 01.04.2009, AZ.: IX R 35/08): In the present case the real estate owner had completely used his equity to finance the even used Immobilenteils and completed a loan at the Bank only for the rented portion. Caution: Here, it is extremely important that you meet notarized a legal system which excludes seems of a quite abusive wording in the land sale contracts. This helps the notary or a specialized lawyer. Inheritance and donation also in regard to the inheritance of Real estate property has happened a lot lately. Since the beginning of the year is the new inheritance tax and gift tax Act (ErbStG), which enables a completely tax-free inheritance of home ownership, if it even is used and the spouse/life partner or children for at least 10 years in the real estate is located.
The tax exemption is home ownership to children is to be inherited, but only up to a floor space of 200 square meters. Otherwise, not rented housing in accordance with the control class and minus the amount is taxable. Another way of transfer of real estate is the gift during his lifetime. Here, too, some investment opportunities have been opened to the beginning of the year with the new inheritance tax and gift tax act. This applies in particular with regard to the personal allowance, all ten years can be newly claimed.