Taxes for the real estate industry

Introduction and overview

• Tax system.
• Various types of tax relevant to the real estate industry.

Income taxes and real estate, in particular income tax

•  Income and operating expenses relating to the property.
•  The perennial issue: differentiation between acquisition and production costs and maintenance expenses, acquisition-related expenses based on practical cases.
• Depreciation including special depreciation for listed buildings and in redevelopment areas, requirements, sample calculations, new special depreciation for rental housing: § 7 b with sample calculation.
• Sale of real estate, in particular commercial real estate trading.

Property tax

• General introduction.
• Calculation examples.
• New legal basis, calculation examples.

Real estate transfer tax

• Basics.
• Exemptions.
• Case constellations, practical examples and structuring options, in particular: Real estate transfer tax blocker structures, avoidance of real estate transfer tax - new legal situation, with case studies and different legal forms.

Special features of trade tax with regard to real estate, in particular the extended reduction privilege and its requirements

• inter alia: Options for renting out buildings and operating equipment with examples.

Value added tax and real estate

• General regulations regarding sales tax.
• including obligation to pay VAT, ancillary services and VAT, waiver of VAT exemption, garage rentals.
• Case: Input tax deduction and correction of the input tax deduction.
• Case: VAT for mixed-use buildings.

Current developments. Legislation, case law and judgments