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Old 06.11.2011, 18:28
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Declaring "Eigenmietwert" in the first year

If one purchases a house/apartment in middle of the year, thus the mortgage payment - and deductions - are for just part of the year, shouldn't one be able to pro-rate the "eigenmiete"? I've heard you need to include the entire amount as income, but it makes no sense to me.

Is any portion of the "nebenkosten" deductable?
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Old 06.11.2011, 18:50
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Re: Declaring "Eigenmietwert" in the first year

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Is any portion of the "nebenkosten" deductable?
Not your utilities, no. But any repairs to "fixed items" in your house (or replacement of like for like in case of a breakdown/end of expected lifetime) can be deducted. Anything that you do to improve the energy efficiency of your house can also be deducted (generally 50% if it is not replacing something equivalent). If you do not have many repairs there is a fixed value that you can also deduct without having to provide back-up docs. Most of what you do to add value to the house which is not a straight repair or replacement can only be deducted when you sell your house and start working out whether you owe property gains tax.
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Old 06.11.2011, 19:11
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Re: Declaring "Eigenmietwert" in the first year

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I've heard you need to include the entire amount as income, but it makes no sense to me.
i think it's pro-rated. When I did the first tax return after moving to my place I put the full amount in. When I got the final assessment, the Eigenmietwert had been reduced (less tax for me)
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