Field help: Do you want to claim special depreciation for the construction of new rental apartments?

Select "yes" if you wish to use special depreciation under section 7b of the Income Tax Act for this rental property.

This special depreciation allows you to claim tax relief on up to 5% of eligible costs per year for four years in addition to the standard depreciation (AfA). The standard depreciation (2%) remains in place.

• The building application or notification was submitted between 01.01.2023 and 30.09.2029.
• The acquisition or construction costs must not exceed 4.000 Euro per square metre of living space.
• The total costs (including all construction and ancillary costs) must not exceed 5.200 Euro/m².
• The property is located in the European Union (EU).
• The property is rented out on a long-term basis for at least ten years (from purchase or completion).
• The building meets the Efficiency House Standard 40 with sustainability class – a corresponding certificate is required.

Note: The maximum assessment basis for the special depreciation is 2.000 Euro per square metre of living space.

Important to know:

• The purchase of a newly built flat can also be subsidised – if the purchase contract is concluded in the year of completion.
• This special depreciation is considered a de minimis aid. However, a check of the aid limits is only necessary for business income (e.g. from commercial operations or self-employment). No check is required for pure rental income.
• Flats with a building application or notification in 2022 are excluded from the subsidy.

Note: Due to increased construction costs, the legislator is examining whether the current subsidy limits of 4.000 Euro and 5.200 Euro per m² should be adjusted.