Tax information, hints and news. Exclusive for overseas property investors and owners.
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.
This is a tax paid by non-residents in Spain who own properties located in the country that were not rented. They are subject to non-resident deemed income tax.
Landlords with a house or apartment in an urban area that is not let, are still obliged to pay tax on “deemed rental income“. In case the property is partially let, Spanish Deemed tax is applicable only for the period in which it was vacant or occupied by the owner for personal use.
These landlords must file a non-resident income tax return (Form 210) to report the “deemed income”.
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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.
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.
In today’s globalized world, the United Kingdom remains a sought-after destination for property investment, drawing both residents and non-residents.
As property values continue to rise, the intricacies of UK property tax become increasingly significant.
Property ownership in the United Kingdom is a substantial investment, with far-reaching implications.
This article delves into the complexities of UK property tax and tax on rental property, offering a clear and concise guide to help you navigate the tax landscape and make informed decisions about your property investments. Continue reading
In the ever-changing world of property ownership, knowing the ins and outs of rental income tax is a must for UK landlords.
While the tax system may seem like a maze, having the right information puts you in control, ensuring you follow the rules and make the most of your finances.
Discover the intricacies of rental income tax in the UK through our comprehensive guide.
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.
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.
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.
Owners of rental properties in Poland, that are in receipt of rental income, must declare this income by submitting a tax return to the Polish tax authorities each year. See the details and tax deadlines you need to know, and how to get help with filing a Polish tax return.