This is a frequent question we get from clients who plan to invest in property in the Czech Republic, whether that’s an investment in apartments, apartment buildings, land or commercial real estate. The answer is very simple: if your plan is to own the property for a substantial period of time, then in the vastIs it better to buy real estate in the Czech Republic under a company name, or in your own name?
In today’s post, I’ve prepared a guide for you on how to properly tax rental income from properties to your advantage, and how to deal with property depreciation in the Czech Republic. Let’s get into it. Property rental has its own taxation rules in Czech legislation, specifically in the Income Tax Act under § 9How to Manage Rental Income Tax and Property Depreciation in the Czech Republic
Before you decide to sell an apartment, house or land in the Czech Republic, it is worth checking whether you will pay property sales tax. If you are not exempt from this tax, you may be surprised by the relatively high amount you will have to pay when you sell. So, what should you knowSales tax on real estate in the Czech Republic
There are a number of income tax exemptions available in the Czech Republic on the sale of property (see our article Property Sales Tax). One of them concerns the case when you use the money from the sale to buy another property, for example, when you reinvest the money from the sale of one propertyWhat is the income tax exemption for using money from the sale of a property to buy another property in the Czech Republic?