Are expert opinions worthwhile?
According to the 2011 building and housing census, more than 75% of all buildings in Germany were built before 1990. This means that there is a high probability that the remaining useful life of your property is less than 50 years and that it almost always makes sense to prepare and submit a remaining useful life report!
In correlation with rising standard land values and purchase prices, you can leverage even more potential for your tax return by carrying out a (retrospective) purchase price allocation.
For smooth acceptance by tax offices throughout Germany, we always recommend that you consider an on-site inspection.
Results of the 2011 building and housing census
Absolute figures from the 2011 building and housing census - you can find the entire study here.
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Percentage figures from the 2011 building and housing census - you can find the entire study here.