Financial planning with a rented apartment

Without belittling the other commentators, I recommend that you see a competent tax advisor. It might cost you around x00€, but you gain legal certainty. What good is a 98% solution from the forum if you risk your financing collapsing in a few years because of it.

Tax advisor specializing in real estate

I also used the money from the loan, for example, for a new bathroom. Can I deduct the shower, bathtub, toilet, or even tiles? I assume flooring cannot be defined as depreciation for wear and tear?
What about electrical work, is that valid under depreciation?
Roof insulation?
Shouldn't I be able to deduct "everything" because it fully adds to the value of the apartment?

As far as I know, only deductible in the year the costs were incurred.

What other information is needed?

Exactly what I asked.

Go to a tax advisor. They are professionals, we are only laypeople.

I agree with my predecessors. Go to the tax advisor.

Quote the same person "If you don’t earn anything, you wouldn’t be sitting in front of me. So be glad" :cool:

There are still some cost items that could accumulate:

Is there a property management? ([Hausgeld]?)
Who takes care of the reading and billing of the additional costs?
How high is the share of non-allocable costs?

Best regards & good luck!

Of course, a tax advisor would be the best thing I could do. But paying x00€ for an initial review without even being sure that I am renting out is also a thing. Additionally, there is currently only one question left, namely whether I can deduct the monthly payment to the transferors or not. The tax authority should be able to answer that for me as well, shouldn't they?

In addition, there is currently only one question left, namely whether I can deduct the monthly payment to the transferors or not.
The tax authority should be able to answer that for me, right?

Yes, as far as I know, you can fully deduct it as special expenses. The only question is whether directly for you or for the apartment. Just ask the tax office - and otherwise consider yourself lucky to possibly have to pay taxes. That means you also have good income. The tax advisor won't take that away from you - by the way, you can also deduct him for tax purposes ;-)