Field help: Explanation

In the "Explanation" field, information is required for newly built rental properties for which a special depreciation under § 7b EStG is claimed.

Required information:

• Acquisition costs: Total costs (including construction and ancillary costs).
• Completion date: Date when the property was ready for occupancy.
• Service life: Linear depreciation (2%) plus special depreciation (5% annually for a maximum of 4 years).
• Conditions: Building application between 01.09.2018 and 30.09.2029, compliance with the construction cost limit (max. 4.800 Euro/m² living space).