Property repair due to tax deduction

Real Estate Repair

40% for the repair work of real estate. Property owners will make tax deductions.

In particular, 40% of repair costs and their property will be deducted from the sum of four-year income tax debt, with a maximum discount limit of EUR 19,200, but without taking into account the reduction of 5% of taxable income provided for by the current tax for those with rental income claims a 40% discount. After the planned changes, property owners did not automatically lose the 5% tax deduction on rental income tax if they used the deduction for repair costs.