Buy property now, and build in 3 to 5 years?

Building a house requires significantly less equity than buying existing properties.

What’s your view on that?

Is that really the case? And if so, why?

In itself, it’s not a bad idea. That’s what I plan to do too, to have my parents rent from me. That way we’re still "together" and I also benefit from it .

Rental income still has to be taxed – so please don’t add it FULLY.

But only if the property is completely paid off, or not?

But only if the property is completely paid off, right?

Please discuss this with your tax advisor before you make a decision.
In recent years there have been one or two changes in the area of taxes. Therefore, I cannot say exactly to what extent interest on debt (for possibly rented properties) is still deductible (if that is what you are referring to).

Sorry, the stupid question. But what kind of property is this? Is the building plot gilded? That's insane what it costs |-O

Sorry the stupid question. But what kind of property is that? Is the building plot gilded? That’s crazy what it costs |-O

These are normal prices in the commuter belt of German major cities, here in the FFM area.

Best regards
Dirk Grafe

That's insane... So I am building in Bad Mergentheim, a spa town between Heilbronn and Würzburg. Our square meter costs 167€. But I thought it was already ridiculously expensive here. But this is really daylight robbery. Sorry

unfortunately, quite a lot is required in the Frankfurt area. And it is also still somewhat far from Frankfurt.

Please discuss this with your tax advisor before making a decision. In recent years, there have been one or two changes in the area of taxes. Therefore, I cannot say exactly to what extent interest on debt (on possibly rented properties) can still be applied (if that is what you mean).

Yes, I will do that. Thanks for the tip.

Much less equity is required to build a house than to buy existing properties.

Is that really so? If yes, why?