Tinterho
2021-09-23 18:45:04
- #1
How high is the maintenance reserve? Or, if the property previously belonged to an owner association: Is there even a maintenance reserve?
I have to check the minutes of the owners' meetings for that. I suspect there is a maintenance reserve, but I’m not sure. If it exists, would I have to 'trigger it' as well, meaning buy it proportionally?
Do you know the reasons for the sale of several apartments in the property? FFM; built in 2004; 55 sqm all sound like an attractive investment property at first glance. So one should at least ask that question.
I summarized it a bit in the initial post: The current owner used to have a construction company and built the house himself. Over the years, he sold some of the other apartments bit by bit. These are owner-occupied. Of the 8 units, only two apartments are still rented out - mine and one other. Both are supposed to be sold in December.
The taxable base and thus the real estate transfer tax can be reduced by a few hundred euros by stating the amount of the maintenance reserve and other movable equipment of the condominium (e.g., taking over a kitchen).
Ok, I will discuss that with him. I assume the garage and the parking space need to be taxed as well? Presumably, you cannot exclude them from the taxable base?
Keep in mind that the notary needs proof of payment of the real estate transfer tax from you.
What would such proof be? Would a bank statement, for example, suffice, or do I need a certificate directly from the tax office?
Thanks and best regards,
Tinterho