Tax information, hints and news. Exclusive for overseas property investors and owners.

Posts tagged

property tax return

Irish Property Tax / UK Property Tax

How your mortgage can 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 the property tax.

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French Property Tax / German Property Tax / Hungarian Property Tax / Irish Property Tax / Polish Property Tax / Spanish Property Tax / UK Property Tax / USA Property Tax

Renting property abroad to holidaymakers? Here’s everything you need to know about your tax requirements.

If you are fortunate enough to own a property in a popular holiday destination, then maybe you have considered the idea of letting it out while it’s vacant. This is an ideal way for many holiday home owners to cover the costs of owning a property and perhaps earn some extra income on the side.

However, if you earn an income from a property overseas – even from short term holiday bookings – it is likely that you will have a tax filing requirement in that country.

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USA Property Tax

What Europeans need to know about tax if owning a property in the USA?

9 things Europeans with property in the US need to know about tax

It’s hard enough to come to terms with tax in your own country without having to understand the tax rules and regulations in the USA as well.

But if you own a property in the US, it is very important that you have a strong grasp of your tax obligations and entitlements.

Ultimately, this will help you to make the most of your investment.

The challenge is that foreign property owners often face a more complex tax situation.

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Spanish Property Tax

Own a property in Spain? Here’s everything you need to know about non-resident property taxes.

If you are a non-resident property owner in Spain, you are required to file four different quarterly tax returns throughout the year.

And with the next tax return deadline (20 October) just a couple of weeks away, now is the perfect opportunity for a recap of Spanish tax requirements and obligations.

In this guide, you will find everything a non-resident needs to know about Spanish property income taxes and the tax filing deadlines.

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Hungarian Property Tax

Get your finances in check. See what is your personal income tax on rental gains in Hungary.

Do you earn rental profit from a property in Hungary? If so, you may have questions about your tax obligations and requirements.

In this guide, we will cover everything you need to know about rental income tax if you are a non-resident property owner in Hungary.

First things first. Let’s take a closer look at tax residency status requirements in Hungary.

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French Property Tax

Owning a leaseback rental property in France? See updated information on leaseback taxes on your income.

Leaseback property is a unique scheme in France, which is becoming even more popular.

What are the advantages and disadvantages of having a leaseback property? What exactly is a leaseback and how does it work?

If you are looking for a hassle-free investment in property in France, especially in tourist destinations, buying a leaseback may be right for you. In this guide, you will find everything you need to know.

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Spanish Property Tax

What are deemed tax returns for a property in Spain?

Ever wondered what is deemed tax?

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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