Lots of expenses, that arise before you move into your new house or apartment, are fully deductible. if you build or buy living space for yourself.
Tip: Talk to a tax advisor in good time, because
• Sie müssen nachweisen, that the costs are "directly" related to your construction or purchase.
• Vorkosten dürfen beim Bauen nicht zu den Herstellungskosten und beim Kauf nicht zu den Anschaffungskosten gehören. Which costs are generally deductible, see the tables below.
Tip: You can also claim preliminary costs, when you buy your previously rented apartment!
You can already carry out any renovation work, before you take on "benefits and burdens" according to the notarial purchase contract. It often takes some time between the notarization of the contract and the transfer of ownership, that you shouldn't miss: Use them, when you buy your rented apartment, to renovate. For new windows etc. are 15 Percentage of the purchase price is deductible, at most 22 500 Euro.
As a do-it-yourselfer you should know: The tax office does not recognize the value of your manual work. However, as part of the "preferred production costs" you can submit receipts for:
• Baumaterial • gemietete oder gekaufte Werkzeuge und Baumaschinen • Abnutzung von vorhandenen Werkzeugen • Fahrten zur Baustelle (flat-rate 52 penny kilometers) and similar cash expenditures. Talk to your tax advisor for details: tools, which are more expensive than 800 Euro, are e.g. B. only partially deductible for the construction period.
From now on there will be more net wages
You should have tax benefits in connection with home ownership entered as an allowance on your income tax card.
• Der Grund: Grant without allowance, until your tax return is processed and overpaid taxes are refunded, an interest-free loan from the Treasury. With the allowance, you immediately receive more net wages from your employer.
• Die Voraussetzungen: You must have already moved into your residential property and submit the "application for wage tax reduction" to the tax office. This is possible until the end of November.
• Für Selbständige: The same applies, of course, if you are self-employed. Then you should have your current tax prepayments reduced accordingly.