Go Back   English Forum Switzerland > Help & tips > Housing in general  
Reply
 
Thread Tools Display Modes
  #21  
Old 21.06.2019, 10:16
eng_ch's Avatar
Forum Veteran
 
Join Date: Nov 2005
Location: Up where the air is clear
Posts: 1,719
Groaned at 4 Times in 4 Posts
Thanked 1,714 Times in 869 Posts
eng_ch has a reputation beyond reputeeng_ch has a reputation beyond reputeeng_ch has a reputation beyond reputeeng_ch has a reputation beyond reputeeng_ch has a reputation beyond repute
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.
Reply With Quote
This user would like to thank eng_ch for this useful post:
Reply

Tags
apartment, holiday, purchase, taxes




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Holiday home purchase whilst taxed at source timjolin Housing in general 0 30.07.2018 16:02
Bank wants to visit our apartment 18 months after purchase JanieCH Housing in general 23 02.10.2014 16:35
Holiday Apartment Owners? Toby Housing in general 3 03.12.2008 13:07
Tax on purchase of apartment how much should it be? Lizard_day Finance/banking/taxation 1 08.04.2008 19:16
How many days after signing to complete an apartment purchase clive7 Housing in general 1 19.05.2007 12:25


All times are GMT +2. The time now is 20:37.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0