Great content Axel! It's never easy to give away such hard learnt knowledge for free... About taking loans from spouses and offsetting interest - it makes it complicated and often leads to scrutiny of Gestaltungsmissbrauch, doesn't it?
@@PerFinExHonestly - I don't know. I am only asking to be doubly sure. I do not the law but at the same time want to be very careful to not end up on the wrong side of it (specially as an expat). One of my German friends bought a property using money lent from his wife and the Finanzamt was not readily accepting the arrangement. This much I know. There were few exchanges and finally they agreed.
HI Alex, I have been following your videos from the very beginning (I think it’s already 6 years!!), and this is the best informative video for me, hands down. Thanks. I have added this to my saved list as well.
Great info. I have also watched several other videos on your channel. I have two questions about investment properties. 1. If we claim the closing costs of purchasing the investment property, for how many years do we need to mandatorily rent it out. 2. Can all parts of closing costs (broker commissions, property tax, notary fees) be claimed in tax return for an investment property? Thanks!
Thanks, @PerFinEx, great video! Would point 6 (Ehegattenschaukel) work if the couple takes a joint loan for the property, but only one spouse is listed as the sole owner in the purchase contract?
That's what makes investing in real estate great that there are no limitations. If you do it right, you will pay 0€ income tax from your main job because your taxable loss with real estate is so big. That's why rich people in Germany pay far less taxes than the average person.
If you want to get 04:31 book a free meeting with us on perfinex.de/meeting
Great content Axel!
It's never easy to give away such hard learnt knowledge for free...
About taking loans from spouses and offsetting interest - it makes it complicated and often leads to scrutiny of Gestaltungsmissbrauch, doesn't it?
Why would it be Gestaltungsmissbrauch to lend your spouse money?
@@PerFinExHonestly - I don't know. I am only asking to be doubly sure. I do not the law but at the same time want to be very careful to not end up on the wrong side of it (specially as an expat).
One of my German friends bought a property using money lent from his wife and the Finanzamt was not readily accepting the arrangement. This much I know. There were few exchanges and finally they agreed.
Good to hear. It’s always best to consult a tax advisor first. 🤓
Do you also help with assessing and financing properties which are not on your portal?
HI Alex, I have been following your videos from the very beginning (I think it’s already 6 years!!), and this is the best informative video for me, hands down. Thanks. I have added this to my saved list as well.
He is Not called Alex
Great info. I have also watched several other videos on your channel.
I have two questions about investment properties.
1. If we claim the closing costs of purchasing the investment property, for how many years do we need to mandatorily rent it out.
2. Can all parts of closing costs (broker commissions, property tax, notary fees) be claimed in tax return for an investment property?
Thanks!
Hands down the best explanation..
Can you make a video of how would you invest 10k 25k and 50k…
Thanks, @PerFinEx, great video! Would point 6 (Ehegattenschaukel) work if the couple takes a joint loan for the property, but only one spouse is listed as the sole owner in the purchase contract?
Are there any limitations for offsetting losses on rental properties from wage income?
That's what makes investing in real estate great that there are no limitations. If you do it right, you will pay 0€ income tax from your main job because your taxable loss with real estate is so big. That's why rich people in Germany pay far less taxes than the average person.
Hello. I want to ask what is the tax rate for forex, stocks and options transactions?
Some thing bad has already happened and it’s late to late to prevent it 😅