Is financing a single-family house feasible? Start house construction end of 2023

. You still have to pay taxes on the rental income.

Rental income has never had to be taxed, only the profit, and ideally, that is negative. That means you get money back.

Definitely check what a U2 spot costs in your area. With your salary, that quickly adds up to 800€+ for us. Just so you have that on your radar. Otherwise, it’s all doable. Even with parental leave, and you can save a bit beforehand. With your salary, you get the full 1800€, so 300€ less net. That’s over 12 months, and then you hope to get the daycare spot (I registered my kids in the 5th month of pregnancy). Yes, don’t forget to switch your tax class before pregnancy! It’s annoying, I know. The rest will fall into place. Yes, kids are disgustingly expensive in the first 3 years. After that, it levels off, and around 8 years old it starts again because the “toys” get more expensive. The amount of Lego my son has in his room...

With 8, other toys are used here than Lego^^ And that will be even more expensive ;-)

Lego is still totally IN with us. But it doesn't bother us to already keep an eye on the first consoles and computers. But he knows he doesn't have many chances there. The little princess, however, is even worse. She has a decoration obsession, a very expensive one. The taste is top-notch, but the price of the items is too.

Rental income has never had to be taxed, but always only the profit, and ideally that is negative. That means you get money back

Once the house is built and completely finished, what is supposed to make the profit negative? I'm not a landlord now, but I also do a profit and loss statement for the business. I'm not aware of anything like that for rental, unless you have craftsmen costs or repair/modernize something on the house. For new construction, I can't think of anything for the first 10 years.

I'm not a landlord now, but I also do EÜR for the business. For rental, I don't know of anything like that, unless you have craftsmen costs or repair/modernize something on the house. For new construction, I can't think of anything in the first 10 years.

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