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USA Property Tax

Renting out your US home while living overseas

Renting out your US home while living overseas

Renting out your US property while living overseas is a savvy move for those who want to turn that property into a self-sustaining financial asset while enjoying life somewhere else.

Now, for some American landlords, navigating the intricate realm of IRS paperwork involves an overwhelming process.

If you choose to lease your home while living abroad, you need to report the associated income and expenses on your US tax return for landlords.

This reporting is done through Schedule E, known as Supplemental Income and Loss.

Rest assured, we’re here to demystify the process.

We’ll simplify IRS reporting for you if you’re an American renting a US home while living abroad or if you live in the States and have an overseas property to rent.

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Spanish Property Tax

Key dates and deadlines for the 2023 Spanish tax year

Key dates and deadlines for the 2023 Spanish tax year

Do you want to know more about the Spanish tax deadlines? You are reading the right article.

Whether you’re a resident, a non-resident, or an investor, navigating the Spanish tax system requires careful planning and compliance.

The tax year follows the calendar year from 1 January to 31 December, unlike some other countries like the UK.

Remember, Spanish tax rules can be complex, and errors can lead to fines.

If you are a non-resident with property in Spain, our tax professionals can help you with your annual tax return responsibility in Spain.

This article highlights important Spanish tax deadlines and dates to help you stay compliant with the Spanish tax authorities and avoid any unpleasant late-filing penalties.

Spanish tax year deadlines

Below, you’ll find a convenient chart detailing the key Spanish tax deadlines you need to remember:

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Irish Property Tax

Can you avoid paying tax on rental income in Ireland?

Can you avoid paying tax on rental income in Ireland?

If you are earning rental income from a property in Ireland, you will have some tax responsibilities that require attention.

Maybe you are even wondering if you can avoid paying rental income tax in Ireland.

This article serves as а compass to guide residents and non-resident landlords alike through the labyrinthine world of tax on rental income in Ireland.

We will answer some of the most common questions that landlords ask about saving on taxes and discuss our top tips for filing property taxes without stress.

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German Property Tax

German Tax Return demystified – Everything non-resident landlords should know

German Tax Return demystified – Everything non-resident landlords should know

The German tax return season is upon us, and with the deadline fast approaching, it’s crucial to equip yourself with the knowledge to navigate this annual obligation.

Whether you’re a resident foreigner, expatriate, non-resident property owner, or German citizen, meeting the impending deadline is crucial to avoid penalties.

Many non-resident property owners in Germany, for example, are unaware of their tax filing obligations in both their home country and Germany, as well as the potential benefits of utilizing double taxation agreements and tax deductions.

In this comprehensive guide, you will find everything you need to know about the tax return in Germany and the German tax deadline.

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UK Property Tax / Uncategorized

First-time landlord? Here’s everything you need to know before renting out a property for the first time in the UK

First-time landlord? Here’s everything you need to know before renting out a property for the first time in the UK

Are you feeling anxious about the prospect of renting out a property for the first time in the UK?

True, being a landlord in the UK can bring complications, as many logistical, legal, and financial matters need to be addressed before your property can be listed on the market.

If you’re a property owner with a spare room, a budding entrepreneur looking to invest (even if you are a foreign one), or you simply stumbled upon this article by chance, we’re thrilled to welcome you here!

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French Property Tax

Do non-resident landlords have to submit a French tax declaration?

Do non-resident landlords have to submit a French tax declaration?

Are you a foreign landlord of a French rental property who finds navigating the nuances of French property taxes complicated and overwhelming?

Are you unsure if you are obliged to declare your income from French sources on a French tax declaration?

Our tax advisors can help.

If you own a French property and earn rental income, there are strict rules that must be followed. If you are a foreigner, you are obliged to file a French tax declaration as a non-resident because this revenue is taxable in France.

As a property owner in France, you need to be aware that it’s not enough to file a French tax return and claim your revenue from French sources only in your home country.

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Irish Property Tax / Property Tax Tips

How your mortgage can affect your buy-to-let property tax bill?

How your mortgage can affect your buy-to-let property tax bill?

If you’re considering buying a rental property in Ireland, it’s important to understand how the mortgage you choose will affect your buy-to-let property tax bill.

A buy-to-let mortgage is a type of mortgage taken by a person who purchases a property, not as a place to live, but rather as an investment.

Buy-to-let mortgages are different from ordinary residential mortgages because the amount you borrow does not depend on how much you earn.

The arrangement fees on buy-to-let mortgages may be more expensive and the interest rates tend to be higher as well.

In this guide, you will learn the basics of how buy-to-let mortgages work and how you can save money on property tax in Ireland.

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