sterny
2011-06-19 21:20:00
- #1
hello, I have a condominium that is rented out as an investment property. This property is (partly) financed by a loan, for which a building savings contract is being/was being funded as collateral. Now the building savings contract can be allocated and thus the loan can be repaid. Thus, the repayment will be completed in about 7 years and then there will be NO financing costs available anymore that can be deducted for tax purposes. However, since I want to keep the apartment rented, the question is whether there are other possibilities to claim costs (excluding repairs/investments) for this property in order to be able to deduct them for tax purposes permanently. Does it perhaps make no sense to have the building savings contract allocated and repay the loan? Maybe it is better to take out a new loan after the loan expires and continue to fund the building savings contract? I look forward to your answers Deichkind