Field help: (2024) Explanation

Information on newly built rental flats for which special depreciation is claimed in accordance with sect. 7b of the Income Tax Act (EStG) is required in the "Explanation" field.

Required information:

• Acquisition costs: total costs (including construction and service charges).
• Date of completion: Date of readiness for move-in.
• Useful life: Linear depreciation (2%) plus special depreciation (5% per year for a maximum of 4 years).
• Requirements: planning application between 1 September 2018 and 31 December 2026, compliance with the upper construction cost limit (max. 4.800 Euro / m² of living space).