The prices on the rental market only know one direction: up. In isolated cases, but there are also landlords who are not to maximize profit. But anyone who rents cheap, getting in Trouble with the tax office.
It almost sounds too good to be true: the cold, the most expensive apartment rent of just under five euros per square meter, some six or nine, with just twelve euros, depending on how long the tenants have been living in the house. And in the middle of a popular district in Munich, in the aurbacher street. It is the home of Wolfgang Donhärl and his sister.
your mother, it has overwritten them already during his lifetime, after her death, they inherited it. However, for gift and inheritance tax, together close to a Million euros were due. A amount that can’t pay the heirs of just the rental income, because their income is much too low.
“We do not want profit maximization”
The tax is so high because the tax is based on the calculation of the value of the building, and especially in the past few years, in the absurd heights to higher ground, it is indicative to the weight. Also, the Rent is factored in. In cases of very cheap Rent but not actually required, but to be achieved theoretically.
Here is the tax office of Munich, in the case described 12,50 Euro. Donhärl, with Rents in the average, but significantly below it. “We want to operate not to maximize profit, we only want to get to Zero,” he said in an interview with tagesschau.de. Him enough profit that he and his sister can be free to live in the house.
demonstrators protesting against high Rents.
Forced to increase the Rent
However, pay the tax, he had to take out a loan. And to be able to the about the next 25 years to pay off, he had to increase the above-described Rents of 15 percent. Although he didn’t want to actually does.
in such a social landlord, such as Wolfgang Donhärl is a, rare. But apartment houses owned by the family, which will be transferred in the coming years, from one Generation to the next, there are many. Such families, it was often a concern, to keep Rents moderate, says Regine Funke-Lachotzki of the legal and tax firm convocat. For more than 20 years, the firm accompanies transfers of such inheritances, and assets. “In the past few years, we are experiencing more and more that families have to sell these houses because the loads are too high.”
tenements taxed like companies
“The inheritance tax for residential properties, therefore, to be abolished, would be no solution,” says Ulrich Roperzt by the German tenants ‘ Association in an interview with tagesschau.de. After all, a million assets in the case of the heirs of such houses, Yes – but only in the Form of concrete, for they themselves did not have to do much. Funke-Lachotzki therefore proposes, in the case of the inheritance of such tenements as in the case of companies.
If an entity is inherited, it is often carried at a value discount of 85 per cent, and in some cases even 100 percent. That is, the value of the company is recognised by the tax would be correspondingly lower, so that significantly less or no inheritance tax. At least then, if the company is to be continued, and for a certain period of time the jobs secured. “But why a safe workplace is supposed to be more important than a safe apartment with affordable Rent?”, ask Funke-Lachotzki.
