I've had a listed thatched house in northern Germany on the Elbe dyke since early 2021 (that's when my mother cancelled her usufruct) and would be more than happy not to have to deal with it, and not just because it's 400km from where I live. Owning a property and being a landlady just bugs me. Unfortunately, I don't find your post encouraging either, because all the paperwork involved in applying for the loans totally puts me off. So I'm merrily renovating - without loans - everything that was left undone during the time my mother should have been doing something, and looking for a buyer in parallel. Is just not the best time, but ... . Thanks for the post anyway, because maybe I use the information after all, if it still takes a long time until I find a buyer.
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@Itsnotjustmoney The article is also mainly about a real estate purchase as an investment. With us that runs also i.d.R. so that the investors the property management etc. everything with make. Means except 1x in the year the owner meeting one has there actually hardly expenditure. Loan etc. Is also applied for everything. And either the tax advisor makes the depreciation for one or one makes the part halt itself.
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•@Itsnotjustmoney I think it is very difficult and exhausting for a normal person to renovate a listed property to such an extent that the depreciation can be obtained in equal measure.
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•@TradingMelone It is!
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