ᐅ Planning a Basement or Granny Flat – What to Consider?

Created on: 5 Jan 2020 18:35
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allstar83
Hello everyone,

we are still in the planning phase for our house and are currently considering a secondary apartment (about 50m² (540 sq ft)) in the attic.

Our plan is for the secondary apartment to be located in the attic and to be accessible separately via an external staircase.

I have already thought about things like coordinating the plumbing connections in the attic with those on the ground floor, but I’m sure there are many other factors to consider as well (supply lines, electrical circuits, subsidies, noise, etc.).

It would be great if anyone could share their experience regarding special considerations during the planning stage or later while living with a secondary apartment.

Thank you very much.
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allstar83
7 Mar 2020 16:20
tomtom79 schrieb:

This is just what comes to mind quickly—it's best to consult a tax advisor.

Is there really that much to consider tax-wise to make it worthwhile? So far, we’ve always handled it ourselves, but next year with a new build, two rentals, possibly photovoltaic panels, special depreciation, regular depreciation, a small business, children, part-time work, parental leave, etc., it might be advisable, right?
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allstar83
22 Mar 2020 08:17
tomtom79 schrieb:

A second KfW loan is possible.

For the taxes, you can declare the apartment; back then, we declared 100,000 Euros (approximately 110,000 USD), which was 50,000 Euros (approximately 55,000 USD) from KfW and 50,000 Euros extra loan. Additionally, everything like the exterior landscaping, but only the portion related to that, and your work as a caretaker.

Did you have the costs for the granny flat / accessory dwelling unit listed separately in the construction contract, or were they later calculated proportionally based on square meters?

Thanks
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allstar83
24 May 2020 21:23
allstar83 schrieb:

Did you have the costs for the granny flat / accessory dwelling unit listed separately in the construction contract, or were they calculated later proportionally based on square meters (square feet)?
Does anyone have experience with this?
tomtom7924 May 2020 22:51
As I understand it, the tax advisor reported the extra 100,000 and additionally applied a 20% rate to all costs. This was submitted to the tax office. He explained to me at the time that, for example, access paths on the property can also be accounted for.

But you should consult a tax advisor.