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

Posts tagged

rental income taxes

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.

Continue reading
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.

Continue reading
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.

Continue reading
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.

Continue reading
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.

Continue reading
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”.

Continue reading
German Property Tax

How much property tax do I have to pay on my German rental income?

We’ve answered all of your German rental income tax questions!

The German tax system can be tricky – especially if you are not a resident of Germany or you don’t speak the language.

But don’t worry, the PTI team are here to help!

Every day our team encounters countless German tax questions.

We have used some of those questions to create this handy guide on everything you need to know about tax on rental income in Germany.

Continue reading