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Home›business›Vacant Properties Are Not An Investment If They Are Not Made Income

Vacant Properties Are Not An Investment If They Are Not Made Income

By Cihan Gelerli
March 2, 2023
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condo for sale in Bangkok

Leaving a property vacant means having to annually bear the costs deriving from maintenance, renovations, utilities, but also tax and administrative charges . Suffice it to say that a vacant property located in the same Municipality as the main residence is taxed 50% more for IRPEF purposes, and the same applies to properties granted free of charge (on loan ) to relatives and in-laws house for sale in Bangkok

To date, on a vacant residential property, the IMU is paid at the maximum rate, the IRPEF (if located in the same municipality as the main residence) and an additional 50%. It goes without saying that the safe haven par excellence of Italians today represents one of the most exploited sources of collection for the Treasury. For these reasons, renting a house becomes essential. This is mainly for two reasons:

First of all to have an income capable of covering the annual costs , both related to maintenance and tax and administrative costs;

Second of all to guarantee yourself an extra passive income .

Renting a property has now become within everyone’s reach, but only a few know the tools to get the maximum return from a rental property . Given the innumerable questions we receive about renting, we have decided to dedicate this article to revealing the rules for renting a house and obtaining the maximum profit . Let’s start seeing them!

house for sale in Pattaya

Choice of the type of lease agreement;

act on their own;

Reduction of non-renting times of the property;

The rent;

The rental agreement;

Cost-benefit ratio;

Tax planning.

Renting A House 1) – Choice Of The Type Of Lease

If you want to rent a house, the first thing you need to know is that there are currently various types of lease agreements on the market that can be used. Each contract has specific characteristics, and knowing how to take advantage of the right contract based on our needs as owners, and based on the characteristics of the property, is the first step in getting the most out of the rent. In particular, the types of rental contracts in force.

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