Sell the asset or take more credit?

"I work hard"

there was never any talk of hard...

I often use the expression "Insel der Glückseligen" in conversations and mean Germany or rather most of Europe. Anyone who was "accidentally" born here is privileged!

Wow, I really started a nice fundamental discussion here. Thanks for all the answers, but I am still not much wiser.

Hi,
basically there are 2 options here, which you already had on your radar before.
Each has a pro and a con.
You won't find the perfect solution here, there are only suggestions and opinions.
Which one is best for you personally you have to figure out yourself based on the answers.
I think only the first 4-5 pages are relevant here, the rest is entertainment (but also very entertaining and interesting).
My - own personal - opinion is: keep the properties and lease them if necessary.
Regards Olli

Oh yes, to prevent possible objections you can also lease the buildable plots (heritable building rights), the non-buildable ones to farmers, there were also horse owners somewhere here, etc. The advantages are:

[*]You generate ongoing income from the plots [*]You remain the owner of the plots. [*]Affordable building land is created, which can also benefit families who do not have much income/capital. [*]The "capitalist" does something good for the community.

In this sense Olli

Now all the land flippers are coming out of their holes. I don’t want to forbid it, I just want to make it less financially attractive :)

At the moment it is an almost tax-free investment with extremely high returns; after the introduction of the special tax it would be comparable to other investments.

New year, new luck! We have had the right of first refusal for years, for the other semi-detached house next door ;) if the devil wills it, we viewed it today, on Monday we are going to the notary :cool: what exactly we will do after the renovation, of course we don’t know yet, maybe hoard...