What monument real estate buyer must pay attention to Monument real estate are very popular due to their high living quality: ornate facades, an extraordinary layout and charming details provide for individual living, the modern lifestyle skillfully with historical construction and architecture art brings in line. But also the tax advantage of monument real estate involved in the decision in: because listed real estate tax benefits like hardly another capital facility in Germany. The so-called Memorial-AfA (deposition of wear; Interesting Steuersparmoglichkeiten in accordance with the income tax law provides depreciation). The legislature granted increased depreciation allowances, both the own use of the property and the rental. Prerequisite for the use of the monument-AfA i ITA is according to 7, that the building in accordance with the regulated rules as a monument in the list of cultural monuments is registered. Circumstances can it problems in the recognition of Monument-AfA type by the tax offices. Favors are by definition only modernisation measures, that are necessary for the preservation of the building or its future meaningful use? It is not enough therefore in certain cases, that the expenses for representative point of view are reasonable; rather, they must take into account the definition laid down in the law. Tax offices partially very carefully consider the facts of the case.
Just transformation of a building with the intent to use it, otherwise an other asset – creates the opinion of the tax authorities often while not being considered, but due to the new nature, the reconstruction works to bring. Whether this can be regarded as useful or as a measure for the preservation of the building, is matter of opinion. You might, for example, problematic, if living there arises, where previously no one was – for example, if the attic will be expanded. Those who are interested in investing in monument real estate should precisely prior to the acquisition of the object consider to what extent the monument AfA here could be claimed. In addition, it is to examine what rebuilding and restoration measures on the part of the competent heritage authority ever be approved. In each federal State apply, other conditions and rules, which must be taken into account during the renovation of a listed building. In many cases, a corresponding application to the Building Authority must be submitted. To avoid unpleasant surprises, buyer at the authorities should ensure prefer one too many, as too little.
Company description of provider investment monument offers a serious investment in listed real estate in whole Germany.