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An apartment in FröbelHöfe Dresden can also offer tax advantages: investors who meet the statutory requirements may benefit from declining-balance depreciation at an annual rate of 5%.
Each year, 5% of the building’s remaining tax value can be deducted for tax purposes. This results in higher depreciation deductions, particularly in the early years, which may reduce the investor’s tax liability depending on their individual tax circumstances.
Switching to straight-line depreciation at a later stage is also possible. Individual tax advice should be sought to determine whether and to what extent declining-balance depreciation can be applied.
Discover the apartments available for purchase at FröbelHöfe Dresden and find the right property for your investment.
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