Tax information, hints and news. Exclusive for overseas property investors and owners.
Are you a landlord in a foreign country?
If so, you have probably spent hours trying to understand the tax laws in that state, so that you could file your property tax return.
Owning a property abroad can be hugely rewarding when you have the right help at your side.
If you are earning rental income from your overseas property, you have a tax obligation in the country where your property is located and in your own country.
The idea was born in 2006.
We noticed that more and more people were purchasing property abroad and there was a gap in the market for a company that could organise and manage the tax requirements of international property owners.
We wanted to help people who have a property and rental income in France, Germany, Spain, Ireland, the UK, Poland, Hungary and the USA to meet their tax obligations.
Owning a property is one of the largest investments you’ll ever make and it’s a huge financial responsibility.
As with any investment, you need to know how to get the most out of it. Knowing the tax credits and tax deductions available to property can help you ensure your investment pays you back.
In this guide, we will outline some useful tax tips for property owners who want to save money and reduce their taxes.
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.
As a non-resident landlord, it is likely you will be required to file an annual income tax return. Maybe you’re asking yourself questions like – how can I reduce my property taxes?
And while it is not always easy to understand foreign tax laws, by having a strong grasp of your tax requirements and entitlements, you can save yourself a lot of money come tax time. But is there any way to lower your property taxes?
Are you a non-resident landlord with property overseas?
The last thing you want to do this year is pay a big tax bill after having an inconsistent year for renting out your property. So, in this article, we will highlight how you can file your income tax return online, who can help you, and how to minimise your property tax bill.
Renting out your holiday home or buy-to-let on a home-sharing website such as Airbnb or Vrbo can yield attractive returns.
However, tax on Airbnb property abroad can be perplexing.
Many overseas landlords don’t realize how much tax they owe as a host. Are you getting all of your tax breaks?
We’ve answered some of the most common tax questions from short-term rental hosts with properties abroad like you.
Here is what you need to know about tax on Airbnb property abroad.
When purchasing your first foreign buy-to-let property, there are a variety of factors to consider like return on investment, cost and location – but one factor you may not have considered is tax.
International property tax may not be the most exciting topic. But, by getting a strong grasp of the local tax rules, you can save yourself a lot of money and stress at the tax deadline.
Tax rules can differ from country to country and in this guide, we will give you some practical tips on how to save on your buy-to-let tax bill and remain compliant when filing your tax return overseas, as well as where you can go for tax advice.
Have you paid your IBI local tax and thought all your tax obligations were complete?
That’s not the case! Unfortunately, this is a common misconception for non-resident landlords in Spain and it could lead to non-compliance of your tax obligations. If you own property in Spain in urban areas, there is an additional tax obligation you need to address: Deemed annual tax, also known as non-resident tax. The 2024 Deemed tax deadline is coming up on 26 December! In this article, we’ll cover what you need to know to stay on top of your obligations and avoid unnecessary penalties. Continue reading
Repairs and maintenance to your rental property are inevitable. But, did you know that repairs on rental property can be tax deductible?
So, what home improvements are eligible?
Here’s what you need to know if you’re a new landlord or if you’ve just had to make your first significant repair.