Intent to let and hobbying

Intent to let explained: when the tax office recognises losses, 50% and 66% limits for reduced rent, vacancy and evidence.

FAQ

Does the tax office recognise losses in the first few years?

Yes, if the letting is long-term and takes place at standard conditions. Initial losses from interest and depreciation (AfA) are then normal.

How long can a flat stand empty?

There is no fixed period. The decisive factor is that you seriously and demonstrably want to let. The longer the vacancy, the more important evidence becomes.

What is a total surplus prognosis?

A calculation over the expected useful life in which rents and professional expenses are compared. If a surplus results, the intent is recognised.