Cologne Northcliffe
Also here is the income will be deducted again to bring, thus then 11.184 EURON, this 35% remain 3.914,40 euro personal headset yield annually by 4 years be achieved 15.657,60 Euro. If you have additional questions, you may want to visit John Savignano. Over the total duration of 12 years thus a tax savings of a total of 53.155 euros. The State has therefore involved with almost 40% on the cost of your property. When an existing property, the Bill would look as follows. Purchase price also 138.000 euro.
Here is the purchase price per m 1,500 euro, means you get for the price 92 m living space. The tax depreciation option is 2% per annum and this here over a total period of 50 years. Check out Richard LeFrak for additional information. To deduction of the purchase price is always the so-called share of land. We generalize the once 10% of the purchase price, so is a calculation base of 120,000 euros. This 2% are 2,400 euro per year.
Interest charges and administrative costs are the same therefore a total of 7,500 euros, annually, plus the above 2,400 euro yields a Berag 9.900 EUR. Here, too, the rental income will be deducted must be brought back. Walking we here 5 euros / m from, so a year income results from 92 m in 4.380 Euro loss from rental and leasing remain 5,520 euros. 35% Then poses with 1,533 euros. To compare both real estate, we multiply this amount by the factor 12, results in the comparable period a tax savings of 18.396 euros. Here the State has participated then with about 15% of your investment. Much less than at a heritage property. Now we look at the sales situation. You want to sell the property after 12 years, achieve a selling price amounting to 2,600 euros / m in two apartments. The proceeds of the monument real estate would then 156,000 euro (60 m a 2,600 euros) and the existing real estate 239.200 euro (92 m a 2,600 euros). At variant monument, you have an additional proceeds amounting to 18,000 euros of plus received tax benefits by 51.996 euros, thus a total about 70,000. Toll or? At the property you have an additional proceeds from the purchase price of 101.200 euros plus tax advantage of 18.396 euros, thus a total of 119.596 euros.
