Field help:
(2021)
Rented area
Enter here the living space that was rented to relatives for payment.
The tax office examines renting to relatives in detail.
Previously applied: If the rental income is at least 66% of the local rent (incl. allocations), the transfer is fully paid and the income-related expenses are generally recognised in full by the tax office.
If, on the other hand, the actual rent is less than 66% of the usual local rent, this is considered to be a discounted or partially discounted transfer. In this case, the tax office only recognises the income-related expenses on a proportional basis, i.e. in the ratio between the actual rent and the standard local rent.
As of 1 January 2021, there is an important change:
- If the agreed rent is at least 66% of the local market rent, the expenses are fully deductible as income-related expenses.
- If the agreed rent is between 50% and 66% of the market rent, the intention to generate income must be examined and an income prediction is required for this purpose:
- If the income prediction is positive, the income-related expenses are fully deductible.
- If the income prediction is negative, the income-related expenses are to be divided and only deductible proportionally.
- If the agreed rent is less than 50% of the local market rent, the transfer of use is to be divided into a paid and a free part. The expenses are only deductible as income-related expenses in proportion to the paid part.
