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Old 21.06.2019, 10:16
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Re: Holiday Apartment Purchase

GraubŁnden has a very clear list of what is value-maintaining (which is deductible against income tax) and what is value-increasing (which is deductible against capital gains on sale), see link. Columns 1 & 2 (management, maintenance) are deductible against income tax, column 3 (running costs) are only deductible for homes that are rented out if included in gross rent, column 4 (investment costs) are deductible against capital gains on sale, and column 5 (day-to-day living expenses) are not deductible at all:



https://www.gr.ch/DE/institutionen/v...gen/035-02.pdf


And here's the underlying practice in GR:


https://www.gr.ch/DE/institutionen/v...gen/035-01.pdf







Another point is the capital gains taper, which also varies by canton. For instance in Zurich, the taper starts after just 2-3 years of ownership, in GraubŁnden there is no taper until after 11 years of ownership. Zurich also adds an extra CG penalty for sales less than two years after purchase.
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