[{"data":1,"prerenderedAt":764},["ShallowReactive",2],{"ia-tax-back-german-property-en":3},{"article":4,"inputs":513,"outputs":541,"charts":574,"calculators":508},{"author":5,"authorImage":6,"authorImageWebp":7,"authorDescription":8,"authorSlug":9,"title":10,"shortName":11,"content":12,"contentRaw":13,"tableOfContentArray":481,"slug":488,"category":489,"order":490,"createdAt":491,"publishedAt":491,"updatedAt":492,"seoTitle":493,"seoDescription":494,"seoKeywords":495,"seoImage":496,"mainPicture":497,"mainPictureMobile":498,"mainPictureWebp":499,"mainPictureMobileWebp":500,"listPicture":501,"listPictureMobile":502,"listPictureWebp":503,"listPictureMobileWebp":504,"language":505,"calculatorTitle":506,"calculator":507,"calculators":508,"id":495,"introduction":509,"preview":510,"sheetId":511,"sheetPageName":512},"Dr. Chris Mulder","https:\u002F\u002Fa.hypofriend.de\u002Fhypofriends\u002Fdr.-christian-mulder.png","https:\u002F\u002Fa.hypofriend.de\u002Fhypofriends\u002Fdr.-christian-mulder.webp","Dr. Chris is a former Senior Economist and Manager at the IMF and The World Bank. He is a Hypofriend Co-founder.","chris","How much tax can you get back with a German property?","Tax Refund Calculator","\u003Ch2 id=\"h-your-results\">Your Results \u003C\u002Fh2>\n\u003Cp>As your property was completed in \u003Cb>{{year_built}}\u003C\u002Fb>, it is eligible for \u003Cb>{{output_afa_type}}\u003C\u002Fb> depreciation. This means:\u003C\u002Fp>\n\u003Ctable>\u003Ctr>\n\u003Ctd>\n\u003Cp>Depreciation amount\u003C\u002Fp>\n\u003Cp>\u003Cb>{{depreciation_amount}}\u003C\u002Fb>\u003C\u002Fp>\n\u003C\u002Ftd>\n\u003Ctd>\n\u003Cp>Estimated Marginal Tax Rate\u003C\u002Fp>\n\u003Cp>\u003Cb>{{marginal_tax_rate}}\u003C\u002Fb>\u003C\u002Fp>\n\u003C\u002Ftd>\n\u003Ctd>\n\u003Cp>Tax Refund on Depreciation\u003C\u002Fp>\n\u003Cp>\u003Cb>{{tax_saved}}\u003C\u002Fb>\u003C\u002Fp>\n\u003C\u002Ftd>\n\u003C\u002Ftr>\u003C\u002Ftable>\n\u003Cp>Over the next 10 years, the depreciation benefit earns you about \u003Cb>{{tax_saved_10y}} \u003C\u002Fb>in tax repayments. This adds \u003Cb>{{tax_saved_10y_over_price}}\u003C\u002Fb> to your net return, or \u003Cb>{{tax_saved_10y_over_price_annual}} \u003C\u002Fb>by year. \u003Cbr>\u003Cbr>After 10 years, you have \u003Cb> {{depreciation_percent_left_10y}}\u003C\u002Fb> left to depreciate, which could earn you\u003Cb> {{taxsaved_left_10y}}\u003C\u002Fb> more in tax rebates. \u003C\u002Fp>\n\u003Ch2 id=\"h-what-determines-the-size-of-your-depreciation-benefit\">What Determines the Size of your Depreciation Benefit?\u003C\u002Fh2>\n\u003Cp>Your tax reduction formula is calculated as:\u003C\u002Fp>\n\u003Cp>\u003Cb>Total Depreciation x  Your Marginal Tax Rate = Tax Saved \u003C\u002Fb>\u003C\u002Fp>\n\u003Col>\n\u003Cli>\u003Cp>Total Depreciation Amount: This is the sum of all annual depreciation allowances that reduce your taxable rental income. This is especially powerful in Germany, because losses from real estate can be deducted from any income category. The details are discussed in the next section.\u003C\u002Fp>\u003C\u002Fli>\n\u003Cli>\u003Cp>Your Marginal Tax Rate: In Germany's progressive tax system, your income is taxed the higher your income is. The marginal rate is the tax rate you pay on your last euro of income. Your taxable rental income is effectively taxed, or returned to you, at about the highest rate you pay. We estimate your marginal tax rate, given your gross income of \u003Cb>{{annual_gross_income}} \u003C\u002Fb>as \u003Cb>{{marginal_tax_rate}}\u003C\u002Fb>. \u003C\u002Fp>\u003C\u002Fli>\n\u003C\u002Fol>\n\u003Ch3>\u003Cb>Marginal tax rates in Germany\u003C\u002Fb>\u003C\u002Fh3>\n\n            \u003Cpicture>\n              \u003Csource type=\"image\u002Favif\" sizes=\"(min-width: 961px) 961px, 100vw\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2SZcEAKgT0RZ30KIlrm6p3\u002Fddd38d374ed3a9aff98e20692222fb97\u002Fchart.png?fm=avif&w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2SZcEAKgT0RZ30KIlrm6p3\u002Fddd38d374ed3a9aff98e20692222fb97\u002Fchart.png?fm=avif&w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2SZcEAKgT0RZ30KIlrm6p3\u002Fddd38d374ed3a9aff98e20692222fb97\u002Fchart.png?fm=avif&w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2SZcEAKgT0RZ30KIlrm6p3\u002Fddd38d374ed3a9aff98e20692222fb97\u002Fchart.png?fm=avif&w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2SZcEAKgT0RZ30KIlrm6p3\u002Fddd38d374ed3a9aff98e20692222fb97\u002Fchart.png?fm=avif&w=1922 2x\n                    \">\n              \u003Csource type=\"image\u002Fwebp\" sizes=\"(min-width: 961px) 961px, 100vw\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2SZcEAKgT0RZ30KIlrm6p3\u002Fddd38d374ed3a9aff98e20692222fb97\u002Fchart.png?fm=webp&w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2SZcEAKgT0RZ30KIlrm6p3\u002Fddd38d374ed3a9aff98e20692222fb97\u002Fchart.png?fm=webp&w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2SZcEAKgT0RZ30KIlrm6p3\u002Fddd38d374ed3a9aff98e20692222fb97\u002Fchart.png?fm=webp&w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2SZcEAKgT0RZ30KIlrm6p3\u002Fddd38d374ed3a9aff98e20692222fb97\u002Fchart.png?fm=webp&w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2SZcEAKgT0RZ30KIlrm6p3\u002Fddd38d374ed3a9aff98e20692222fb97\u002Fchart.png?fm=webp&w=1922 2x\n                    \">\n              \u003Cimg loading=\"lazy\" class=\"image-fluid\" alt=\"marginal tax to 100k1\" sizes=\"(min-width: 961px) 961px, 100vw\" width=\"961\" srcset=\"\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2SZcEAKgT0RZ30KIlrm6p3\u002Fddd38d374ed3a9aff98e20692222fb97\u002Fchart.png?w=327 327w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2SZcEAKgT0RZ30KIlrm6p3\u002Fddd38d374ed3a9aff98e20692222fb97\u002Fchart.png?w=570 570w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2SZcEAKgT0RZ30KIlrm6p3\u002Fddd38d374ed3a9aff98e20692222fb97\u002Fchart.png?w=961 961w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2SZcEAKgT0RZ30KIlrm6p3\u002Fddd38d374ed3a9aff98e20692222fb97\u002Fchart.png?w=1200 1200w,\n                      \u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2SZcEAKgT0RZ30KIlrm6p3\u002Fddd38d374ed3a9aff98e20692222fb97\u002Fchart.png?w=1922 2x\n                    \" src=\"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2SZcEAKgT0RZ30KIlrm6p3\u002Fddd38d374ed3a9aff98e20692222fb97\u002Fchart.png?w=961\">\n            \u003C\u002Fsource>\u003C\u002Fsource>\u003C\u002Fpicture>\n          \n\u003Cp>This includes the solidarity tax. In the 42 % bracket, your marginal tax rate is actually 47 %. This is because the solidarity tax is not applied to lower incomes and is about 10 % across middle to higher incomes, so it averages 5 % at higher income levels.\u003C\u002Fp>\n\u003Cp>How this affects your results:\u003C\u002Fp>\n\u003Cul>\n\u003Cli>\u003Cp>High‑income earners benefit more because deductions apply at a steeper part of the tax curve.\u003C\u002Fp>\u003C\u002Fli>\n\u003Cli>\u003Cp>Depreciation reduces your income tax and, in essence, returns you part of the purchase price. The higher your tax rate, the more of the purchase price you get refunded. \u003C\u002Fp>\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Ch2 id=\"h-how-high-is-property-depreciation-in-germany\">How High is Property Depreciation in Germany?\u003C\u002Fh2>\n\u003Cp>How much you can depreciate over time for different types of properties with different depreciation rules, you can see in the following graphs. \u003C\u002Fp>\n\u003Cp>\u003Cb>Cumulative depreciation percentage\u003C\u002Fb>\u003C\u002Fp>\n\n            \u003Cgraph v-if=\"typeof graph_1 !== 'undefined' && graph_1\" key=\"graph_1\" :jiyu-data=\"graph_1\" :data-format=\"'percentage'\">\u003C\u002Fgraph>\n           \n\u003Cp>The depreciation (AfA) rules are discussed in detail below, but in brief, you can distinguish\u003C\u002Fp>\n\u003Cul>\n\u003Cli>\u003Cp>2,5 % linear depreciation on properties (built before 1926)\u003C\u002Fp>\u003C\u002Fli>\n\u003Cli>\u003Cp>2 % linear depreciation on properties (built between 1926, and 2022)\u003C\u002Fp>\u003C\u002Fli>\n\u003Cli>\u003Cp>3,0 % linear depreciation properties (completed after Dec 31, 2022).\u003C\u002Fp>\u003C\u002Fli>\n\u003Cli>\u003Cp>5% degressive appreciation properties (completed between Oct 1, 2023, and Sep 30, 2029)\u003C\u002Fp>\u003C\u002Fli>\n\u003Cli>\u003Cp>5% 4 year bonus depreciation properties (completed between Dec 31, 2022, and Sep 30, 2029)\u003C\u002Fp>\u003C\u002Fli>\n\u003C\u002Ful>\n\n            \u003Cwidget type=\"callToActionRich\" headline=\"Lower your taxes in Germany\" background-color=\"#F7F7F7\" main-cta-label=\"Explore our projects\" main-cta-link=\"https:\u002F\u002Finvestfriend.de\u002Fen\" description=\"<p>A real estate investment is an attractive way to build wealth and minimize your tax burden.<\u002Fp>\" :pictures='[{\"url\":\"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F1VSdooJuMPgjmiXJhEEs21\u002F5f5ded2fef6a9c3dd4f31131b253305f\u002FTeltow_exterior_02.png\",\"title\":\"Investfriend Hero Teltow\",\"description\":null}]'>\u003C\u002Fwidget>\n           \n\u003Cp>You can see that for the most advantageous buildings, those with bonus depreciation, you can depreciate 25 % over 10 years. At your tax rate, this would lead to a gain of \u003Cb>{{best_depreciation_10y}}. \u003C\u002Fb>In the case you consider, you depreciate \u003Cb>{{depreciation_percent_10y}}\u003C\u002Fb>, and after 10 years, you have \u003Cb>{{depreciation_percent_left_10y}}\u003C\u002Fb> left to depreciate.  \u003C\u002Fp>\n\u003Cp>For the special bonus depreciation properties, your cash layout can be very modest. This implies that returns on invested capital can exceed 20 %, well above the 3-5 % return on a long-held property. \u003C\u002Fp>\n\u003Cp>Keep in mind that eventually, after paying off the loan and when you run out of depreciation benefits, the overall net return of a property declines to about 3 % appreciation value plus 1-1,25 % in rental yield after you consider tax on the rent and the maintenance cost. \u003C\u002Fp>\n\u003Cp>Thus, over time, your return on your capital declines to a level that is far less than the return you get on newly invested properties. This implies that, from a financial perspective, you should not hold your rental properties for too long, as we discuss in detail below.\u003C\u002Fp>",{"data":14,"content":15,"nodeType":410},{},[16,25,52,115,167,174,181,189,231,240,257,264,271,295,302,309,317,330,337,390,426,460,467,474],{"data":17,"content":18,"nodeType":24},{},[19],{"data":20,"marks":21,"value":22,"nodeType":23},{},[],"Your Results ","text","heading-2",{"data":26,"content":27,"nodeType":51},{},[28,32,38,42,47],{"data":29,"marks":30,"value":31,"nodeType":23},{},[],"As your property was completed in ",{"data":33,"marks":34,"value":37,"nodeType":23},{},[35],{"type":36},"bold","{{year_built}}",{"data":39,"marks":40,"value":41,"nodeType":23},{},[],", it is eligible for ",{"data":43,"marks":44,"value":46,"nodeType":23},{},[45],{"type":36},"{{output_afa_type}}",{"data":48,"marks":49,"value":50,"nodeType":23},{},[]," depreciation. This means:","paragraph",{"data":53,"content":54,"nodeType":114},{},[55],{"data":56,"content":57,"nodeType":113},{},[58,77,95],{"data":59,"content":60,"nodeType":76},{},[61,68],{"data":62,"content":63,"nodeType":51},{},[64],{"data":65,"marks":66,"value":67,"nodeType":23},{},[],"Depreciation amount",{"data":69,"content":70,"nodeType":51},{},[71],{"data":72,"marks":73,"value":75,"nodeType":23},{},[74],{"type":36},"{{depreciation_amount}}","table-cell",{"data":78,"content":79,"nodeType":76},{},[80,87],{"data":81,"content":82,"nodeType":51},{},[83],{"data":84,"marks":85,"value":86,"nodeType":23},{},[],"Estimated Marginal Tax Rate",{"data":88,"content":89,"nodeType":51},{},[90],{"data":91,"marks":92,"value":94,"nodeType":23},{},[93],{"type":36},"{{marginal_tax_rate}}",{"data":96,"content":97,"nodeType":76},{},[98,105],{"data":99,"content":100,"nodeType":51},{},[101],{"data":102,"marks":103,"value":104,"nodeType":23},{},[],"Tax Refund on Depreciation",{"data":106,"content":107,"nodeType":51},{},[108],{"data":109,"marks":110,"value":112,"nodeType":23},{},[111],{"type":36},"{{tax_saved}}","table-row","table",{"data":116,"content":117,"nodeType":51},{},[118,122,127,131,136,140,145,149,154,158,163],{"data":119,"marks":120,"value":121,"nodeType":23},{},[],"Over the next 10 years, the depreciation benefit earns you about ",{"data":123,"marks":124,"value":126,"nodeType":23},{},[125],{"type":36},"{{tax_saved_10y}} ",{"data":128,"marks":129,"value":130,"nodeType":23},{},[],"in tax repayments. This adds ",{"data":132,"marks":133,"value":135,"nodeType":23},{},[134],{"type":36},"{{tax_saved_10y_over_price}}",{"data":137,"marks":138,"value":139,"nodeType":23},{},[]," to your net return, or ",{"data":141,"marks":142,"value":144,"nodeType":23},{},[143],{"type":36},"{{tax_saved_10y_over_price_annual}} ",{"data":146,"marks":147,"value":148,"nodeType":23},{},[],"by year. \n\nAfter 10 years, you have ",{"data":150,"marks":151,"value":153,"nodeType":23},{},[152],{"type":36}," {{depreciation_percent_left_10y}}",{"data":155,"marks":156,"value":157,"nodeType":23},{},[]," left to depreciate, which could earn you",{"data":159,"marks":160,"value":162,"nodeType":23},{},[161],{"type":36}," {{taxsaved_left_10y}}",{"data":164,"marks":165,"value":166,"nodeType":23},{},[]," more in tax rebates. ",{"data":168,"content":169,"nodeType":24},{},[170],{"data":171,"marks":172,"value":173,"nodeType":23},{},[],"What Determines the Size of your Depreciation Benefit?",{"data":175,"content":176,"nodeType":51},{},[177],{"data":178,"marks":179,"value":180,"nodeType":23},{},[],"Your tax reduction formula is calculated as:",{"data":182,"content":183,"nodeType":51},{},[184],{"data":185,"marks":186,"value":188,"nodeType":23},{},[187],{"type":36},"Total Depreciation x  Your Marginal Tax Rate = Tax Saved ",{"data":190,"content":191,"nodeType":230},{},[192,203],{"data":193,"content":194,"nodeType":202},{},[195],{"data":196,"content":197,"nodeType":51},{},[198],{"data":199,"marks":200,"value":201,"nodeType":23},{},[],"Total Depreciation Amount: This is the sum of all annual depreciation allowances that reduce your taxable rental income. This is especially powerful in Germany, because losses from real estate can be deducted from any income category. The details are discussed in the next section.","list-item",{"data":204,"content":205,"nodeType":202},{},[206],{"data":207,"content":208,"nodeType":51},{},[209,213,218,222,226],{"data":210,"marks":211,"value":212,"nodeType":23},{},[],"Your Marginal Tax Rate: In Germany's progressive tax system, your income is taxed the higher your income is. The marginal rate is the tax rate you pay on your last euro of income. Your taxable rental income is effectively taxed, or returned to you, at about the highest rate you pay. We estimate your marginal tax rate, given your gross income of ",{"data":214,"marks":215,"value":217,"nodeType":23},{},[216],{"type":36},"{{annual_gross_income}} ",{"data":219,"marks":220,"value":221,"nodeType":23},{},[],"as ",{"data":223,"marks":224,"value":94,"nodeType":23},{},[225],{"type":36},{"data":227,"marks":228,"value":229,"nodeType":23},{},[],". ","ordered-list",{"data":232,"content":233,"nodeType":239},{},[234],{"data":235,"marks":236,"value":238,"nodeType":23},{},[237],{"type":36},"Marginal tax rates in Germany","heading-3",{"data":241,"content":247,"nodeType":248,"asset":249},{"target":242},{"sys":243},{"id":244,"type":245,"linkType":246},"2SZcEAKgT0RZ30KIlrm6p3","Link","Asset",[],"embedded-asset-block",{"fileName":250,"details":251,"url":256},"chart.png",{"size":252,"image":253},15490,{"width":254,"height":255},600,371,"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2SZcEAKgT0RZ30KIlrm6p3\u002Fddd38d374ed3a9aff98e20692222fb97\u002Fchart.png",{"data":258,"content":259,"nodeType":51},{},[260],{"data":261,"marks":262,"value":263,"nodeType":23},{},[],"This includes the solidarity tax. In the 42 % bracket, your marginal tax rate is actually 47 %. This is because the solidarity tax is not applied to lower incomes and is about 10 % across middle to higher incomes, so it averages 5 % at higher income levels.",{"data":265,"content":266,"nodeType":51},{},[267],{"data":268,"marks":269,"value":270,"nodeType":23},{},[],"How this affects your results:",{"data":272,"content":273,"nodeType":294},{},[274,284],{"data":275,"content":276,"nodeType":202},{},[277],{"data":278,"content":279,"nodeType":51},{},[280],{"data":281,"marks":282,"value":283,"nodeType":23},{},[],"High‑income earners benefit more because deductions apply at a steeper part of the tax curve.",{"data":285,"content":286,"nodeType":202},{},[287],{"data":288,"content":289,"nodeType":51},{},[290],{"data":291,"marks":292,"value":293,"nodeType":23},{},[],"Depreciation reduces your income tax and, in essence, returns you part of the purchase price. The higher your tax rate, the more of the purchase price you get refunded. ","unordered-list",{"data":296,"content":297,"nodeType":24},{},[298],{"data":299,"marks":300,"value":301,"nodeType":23},{},[],"How High is Property Depreciation in Germany?",{"data":303,"content":304,"nodeType":51},{},[305],{"data":306,"marks":307,"value":308,"nodeType":23},{},[],"How much you can depreciate over time for different types of properties with different depreciation rules, you can see in the following graphs. ",{"data":310,"content":311,"nodeType":51},{},[312],{"data":313,"marks":314,"value":316,"nodeType":23},{},[315],{"type":36},"Cumulative depreciation percentage",{"data":318,"content":323,"nodeType":324,"entry":325},{"target":319},{"sys":320},{"id":321,"type":245,"linkType":322},"1IzZw3VOjlPLtdhhOAH4gt","Entry",[],"embedded-entry-block",{"title":326,"graphId":327,"dataType":328,"type":322,"contentType":329},"afa_graph",1,"percentage","graph",{"data":331,"content":332,"nodeType":51},{},[333],{"data":334,"marks":335,"value":336,"nodeType":23},{},[],"The depreciation (AfA) rules are discussed in detail below, but in brief, you can distinguish",{"data":338,"content":339,"nodeType":294},{},[340,350,360,370,380],{"data":341,"content":342,"nodeType":202},{},[343],{"data":344,"content":345,"nodeType":51},{},[346],{"data":347,"marks":348,"value":349,"nodeType":23},{},[],"2,5 % linear depreciation on properties (built before 1926)",{"data":351,"content":352,"nodeType":202},{},[353],{"data":354,"content":355,"nodeType":51},{},[356],{"data":357,"marks":358,"value":359,"nodeType":23},{},[],"2 % linear depreciation on properties (built between 1926, and 2022)",{"data":361,"content":362,"nodeType":202},{},[363],{"data":364,"content":365,"nodeType":51},{},[366],{"data":367,"marks":368,"value":369,"nodeType":23},{},[],"3,0 % linear depreciation properties (completed after Dec 31, 2022).",{"data":371,"content":372,"nodeType":202},{},[373],{"data":374,"content":375,"nodeType":51},{},[376],{"data":377,"marks":378,"value":379,"nodeType":23},{},[],"5% degressive appreciation properties (completed between Oct 1, 2023, and Sep 30, 2029)",{"data":381,"content":382,"nodeType":202},{},[383],{"data":384,"content":385,"nodeType":51},{},[386],{"data":387,"marks":388,"value":389,"nodeType":23},{},[],"5% 4 year bonus depreciation properties (completed between Dec 31, 2022, and Sep 30, 2029)",{"data":391,"content":395,"nodeType":324,"entry":396},{"target":392},{"sys":393},{"id":394,"type":245,"linkType":322},"3Ugqmy2eqzfcbUSY2V8P6I",[],{"title":397,"type":398,"headline":399,"description":400,"backgroundColor":411,"mainCtaLabel":412,"mainCtaLink":413,"pictures":414,"imageAlignment":423,"showBankLogos":424,"contentType":425},"Blog: IF expanded CTA \u002F 2: Lower your taxes (EN)","callToActionRich","Lower your taxes in Germany",{"data":401,"content":402,"nodeType":410},{},[403],{"data":404,"content":405,"nodeType":51},{},[406],{"data":407,"marks":408,"value":409,"nodeType":23},{},[],"A real estate investment is an attractive way to build wealth and minimize your tax burden.","document","#F7F7F7","Explore our projects","https:\u002F\u002Finvestfriend.de\u002Fen",[415],{"fileName":416,"details":417,"url":422},"Teltow_exterior_02.png",{"size":418,"image":419},4984255,{"width":420,"height":421},3500,1969,"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F1VSdooJuMPgjmiXJhEEs21\u002F5f5ded2fef6a9c3dd4f31131b253305f\u002FTeltow_exterior_02.png","LEFT",false,"widget",{"data":427,"content":428,"nodeType":51},{},[429,433,438,442,447,451,456],{"data":430,"marks":431,"value":432,"nodeType":23},{},[],"You can see that for the most advantageous buildings, those with bonus depreciation, you can depreciate 25 % over 10 years. At your tax rate, this would lead to a gain of ",{"data":434,"marks":435,"value":437,"nodeType":23},{},[436],{"type":36},"{{best_depreciation_10y}}. ",{"data":439,"marks":440,"value":441,"nodeType":23},{},[],"In the case you consider, you depreciate ",{"data":443,"marks":444,"value":446,"nodeType":23},{},[445],{"type":36},"{{depreciation_percent_10y}}",{"data":448,"marks":449,"value":450,"nodeType":23},{},[],", and after 10 years, you have ",{"data":452,"marks":453,"value":455,"nodeType":23},{},[454],{"type":36},"{{depreciation_percent_left_10y}}",{"data":457,"marks":458,"value":459,"nodeType":23},{},[]," left to depreciate.  ",{"data":461,"content":462,"nodeType":51},{},[463],{"data":464,"marks":465,"value":466,"nodeType":23},{},[],"For the special bonus depreciation properties, your cash layout can be very modest. This implies that returns on invested capital can exceed 20 %, well above the 3-5 % return on a long-held property. ",{"data":468,"content":469,"nodeType":51},{},[470],{"data":471,"marks":472,"value":473,"nodeType":23},{},[],"Keep in mind that eventually, after paying off the loan and when you run out of depreciation benefits, the overall net return of a property declines to about 3 % appreciation value plus 1-1,25 % in rental yield after you consider tax on the rent and the maintenance cost. ",{"data":475,"content":476,"nodeType":51},{},[477],{"data":478,"marks":479,"value":480,"nodeType":23},{},[],"Thus, over time, your return on your capital declines to a level that is far less than the return you get on newly invested properties. This implies that, from a financial perspective, you should not hold your rental properties for too long, as we discuss in detail below.",[482,484,486],{"key":483,"value":22},"#h-your-results",{"key":485,"value":173},"#h-what-determines-the-size-of-your-depreciation-benefit",{"key":487,"value":301},"#h-how-high-is-property-depreciation-in-germany","tax-back-german-property","immobilienfinanzierung",5,"Wed, 4 Feb 2026 09:54:08 +0000","Thu, 4 Jun 2026 12:00:21 +0000","Tax Refund from German Property","German property owners can recover thousands in taxes annually. Use our free calculator to find out exactly how much you can get back in seconds.",null,"https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F4B350jST60QMcVMXuafXrE\u002Faaee095b051930e7148177cf55bd2043\u002FSEO_image_blog___800_x_534.jpg","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F5owAV5Q4suQNEu47w2O2u9\u002F58c2bc1b5c6f7e61e233ad9b29b5fccd\u002Fmain_image_blog___1692_X_918.jpg","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F1vlGOtB3NC5UODYJ6Vof0A\u002F36672973b9124d4a9f4fd3922980342d\u002Fmobile_main_image_blog___523_x_366.jpg","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FCtwhnkdDg0tBd7TP6MoLh\u002F160df7c7baf5f026553c6a398834ae00\u002Fmain-image-blog-_-1692-X-918.webp","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F3SOwWInnrYZjktcNNW7xTc\u002F636e90b5a5f11debc22e39cace0885a1\u002Fmobile-main-image-blog-_-523-x-366.webp","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F6uzqPGPW3Mw3RBiqNux20P\u002F3516855e65f3ae34df2b60aac3ecf16c\u002Flist_image_blog___800_x_511.jpg","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F3u6dXL9VvI7Ff3UgiFsout\u002F0276fb7993278a2dc6284a36e6dc8f2a\u002Fmobile_list_image_blog___380_x_243.jpg","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F3LCu1SHfSVuoBxcm8b1nGS\u002F2340223a565e2f1ea2967b6bbcc7b28f\u002Flist-image-blog-_-800-x-511.webp","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7Ez33N8mB0Euz1khdzI36S\u002F9e4db4f279e4d6c21682250103cda261\u002Fmobile-list-image-blog-_-380-x-243.webp","en","Fill in your details","Your property price is {purchase_price} and the purchase cost is {purchase_cost}. The land value part of the purchase price is estimated at {land_value}. Your annual gross income is {annual_gross_income}. The property was completed in {year_built}. Is the property also eligible for the special depreciation (Sonder-Afa)? {keys1}",[],"\u003Cp>Following recent tax changes, there are now widely different depreciation rules for properties in Germany. You can calculate your current and future depreciation in our calculator.\u003C\u002Fp>\n","Following recent tax changes, there are now widely different depreciation rules for properties in Germany. You can calculate your current and future depreciation in our calculator. ","depreciation-calculator","Main",{"purchase_price":514,"land_value":518,"keys1":521,"annual_gross_income":530,"purchase_cost":533,"year_built":536,"locale":540},{"formatted_value":515,"value":516,"type":517,"options":-1},"500.000 €",500000,"currency",{"formatted_value":519,"value":520,"type":517,"options":-1},"30.000 €",30000,{"formatted_value":522,"value":522,"type":523,"options":524},"false","dropdown",[525,528],{"text":526,"value":527},"Yes","true",{"text":529,"value":522},"No",{"formatted_value":531,"value":532,"type":517,"options":-1},"135.000 €",135000,{"formatted_value":534,"value":535,"type":517,"options":-1},"28.500 €",28500,{"formatted_value":537,"value":538,"type":539,"options":-1},"2025",2025,"number",{"formatted_value":505,"value":505,"type":23,"options":-1},{"best_depreciation_10y":542,"depreciation_percent_10y":545,"output_afa_type":548,"taxsaved_left_10y":550,"depreciation_percent_left_10y":553,"tax_saved_10y_over_price_annual":556,"tax_saved_10y_over_price":559,"tax_saved_10y":562,"tax_saved":565,"marginal_tax_rate":568,"depreciation_amount":571},{"formatted_value":543,"value":544,"type":328,"options":-1},"53,77 %",0.5377,{"formatted_value":546,"value":547,"type":328,"options":-1},"56,72 %",0.5672,{"formatted_value":549,"value":549,"type":23,"options":-1},"5 % degressive",{"formatted_value":551,"value":552,"type":517,"options":-1},"133.788 €",133787.52,{"formatted_value":554,"value":555,"type":328,"options":-1},"48,81 %",0.4881,{"formatted_value":557,"value":558,"type":328,"options":-1},"2,29 %",0.0229,{"formatted_value":560,"value":561,"type":328,"options":-1},"15,54 %",0.1554,{"formatted_value":563,"value":564,"type":517,"options":-1},"77.706 €",77705.74,{"formatted_value":566,"value":567,"type":517,"options":-1},"10.729 €",10728.69,{"formatted_value":569,"value":570,"type":328,"options":-1},"45,65 %",0.4565,{"formatted_value":572,"value":573,"type":517,"options":-1},"23.500 €",23500,[575],{"type":576,"stackType":577,"domains":578,"series":627},"line","default",[579],{"domainName":580,"data":581,"range":495},"Index",[582,327,583,584,585,490,586,587,588,589,590,591,592,593,594,595,596,597,598,599,600,601,602,603,604,605,606,607,608,609,610,611,612,613,614,615,616,617,618,619,620,621,622,623,624,625,626],0,2,3,4,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44,45,46,[628,654,683,695,730],{"serieName":629,"data":630,"color":495},"2 % linear AfA",[582,583,585,586,588,590,592,594,596,598,600,602,604,606,608,610,612,614,616,618,620,622,624,626,631,632,633,634,635,636,637,638,639,640,641,642,643,644,645,646,647,648,649,650,651,652,653],48,50,52,54,56,58,60,62,64,66,68,70,72,74,76,78,80,82,84,86,88,90,92,{"serieName":655,"data":656,"color":495},"2,5 % linear AfA",[582,657,490,658,590,659,595,660,600,661,605,662,610,663,615,664,620,665,625,666,632,667,668,669,637,670,671,672,642,673,674,675,647,676,677,678,652,679,680,681,682,682,682,682,682,682,682],2.5,7.5,12.5,17.5,22.5,27.5,32.5,37.5,42.5,47.5,52.5,55,57.5,62.5,65,67.5,72.5,75,77.5,82.5,85,87.5,92.5,95,97.5,100,{"serieName":684,"data":685,"color":495},"3 % linear AfA",[582,584,586,589,592,595,598,601,604,607,610,613,616,619,622,625,631,686,634,687,637,688,640,689,643,674,646,690,649,691,652,692,693,694,682,682,682,682,682,682,682,682,682,682,682,682,682],51,57,63,69,81,87,93,96,99,{"serieName":696,"data":697,"color":495},"5 % degressive AfA",[582,490,698,699,700,701,702,703,704,705,706,707,708,709,710,711,712,713,714,715,716,717,718,719,720,721,722,723,724,725,726,727,728,729,682,682,682,682,682,682,682,682,682,682,682,682,682],9.75,14.26,18.55,22.62,26.49,30.17,33.66,36.98,40.13,43.12,45.96,48.66,51.23,53.75,56.27,58.79,61.31,63.83,66.35,68.87,71.39,73.91,76.43,78.95,81.47,83.99,86.51,89.03,91.55,94.07,96.59,99.11,{"serieName":731,"data":732,"color":495},"5 % degressive + special AfA",[582,590,733,734,735,736,737,738,739,740,741,742,743,744,745,746,747,748,749,750,751,645,752,753,754,755,756,757,758,759,760,761,762,763,682,682,682,682,682,682,682,682,682,682,682,682,682],19.5,28.53,37.1,40.25,43.24,46.08,48.78,51.34,53.77,56.08,58.28,60.37,62.35,64.3,66.25,68.2,70.15,72.1,74.05,77.95,79.9,81.85,83.8,85.75,87.7,89.65,91.6,93.55,95.5,97.45,99.4,1787324854916]