"Construction project with a 'special' initial situation"

  • Erstellt am 2015-01-06 09:07:08

oleda222

2015-01-20 22:12:29
  • #1
If you rent out, you have to pay capital gains tax on your profit when selling, don't you?
 

ductom81

2015-01-21 06:38:14
  • #2
yes, unless I own the object for at least 10 years, I think..?

but I do want to rent it out permanently at first, until it is paid off and of course always keep an option for sale or personal use

maybe someone can comment again here on renting..advantages/disadvantages :)
 

ductom81

2015-01-21 12:34:33
  • #3
No further instructions?


...from Eiphone
 

Doc.Schnaggls

2015-01-21 12:37:23
  • #4
Well, what you should definitely keep in mind:

- Get the name and phone number of the previous landlord to obtain information about the prospective tenant

- Have liability insurance verified

- Request to see the [Schufa-Auskunft]

- Review proof of income

- Check ID
 

ductom81

2015-01-21 12:48:06
  • #5
Apart from that, I was rather referring to the general sensibility of renting vs. selling


...from Eiphone
 

DG

2015-01-21 14:10:14
  • #6
To rent out, you simply need to have a professional attitude, otherwise it does not pay off or you take a high risk. It is also a lot of work if you do not want to employ [Hausverwaltung].

Best regards
Dirk Grafe
 

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