What facilities use to invest profitably?
The real estate investments I am a type of beneficial investment, if properly designed and built from start to finish, offers of benefits regardless of the historical moment in which it is done.
However, there are times when it can be even more convenient, as I explained to you showing you the data on 'performance of the property sector, which today are moving in favor of those who want to invest.
But there is also another great benefit which derives from the Italian legislation and of which you can take advantage throughout the 2017: the tax breaks on real estate confirmed by Budget Law 2017 (approved on 11 December 2016).
In this article I try to give you a clear picture on 3 main tax bonus on the house that can make your investment yet more profitable.
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Renovation bonus
The renovation bonus is a tax benefit which consists in the deduction of part of the costs incurred for the renovation building renovation.
This bonus allows you to deduct the 50% of Irpef expenses for those who decide to renovate a property.
The deadline had previously been set for the end of 2016 and has now been reconfirmed for the new year, with extension until the 31 December 2017.
The subsidy includes the purchase and installation of energy saving systems, such as photovoltaic or heat pump air conditioners.
Both the owners of the property and the tenants can benefit from the renovation bonus.
The maximum expense on which the deduction can be applied is 96.000 euro, but only for work extraordinary maintenance aimed at eliminating architectural barriers or improving the security system (safe, alarm, etc.).
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Bonus for the purchase of furniture
The bonus for the purchase of furniture is a tax break that consists of one Irpef deduction of 50%, valid for furniture and large appliances you buy undergoing renovation.
This bonus is therefore closely linked to the one on renovations: you can take advantage of the deduction if (and only if!) at the time of purchasing restructuring properties or large household appliances with energy class not lower than A+ (Class A is permitted for ovens).
Only under these conditions and up to a maximum amount of 10.000 you can deduct the 50% of expenses.
The deductible furnishing items are furniture (like beds, bedside tables, wardrobes, tables, chairs, desks, armchairs, etc.), but also mattresses and lighting fixtures.
Large household appliances are those with an energy certificate, such as washing machines and refrigerators.
Here too, this is a benefit that the new Budget Law has extended until the 31 December 2017.
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Bonus for energy requalification
È il cosiddetto “Ecobonus”, too reconfirmed for 2017: a tax break with deduction of 65% valid for those who carry out work energy requalification.
The ecobonus is valid for all interventions aimed at improving energy efficiency, such as replacing window frames, boilers, heating, systems for insulating walls or roofs, the installation of solar panels and home automation systems capable of guaranteeing a energy saving.
The maximum threshold on which the deduction can be applied varies based on the type of intervention and varies dai 30.000 to a maximum of 100.000 euro.
The tax benefit can also reach 70-75% if the redevelopment works affect the entire condominium or the common parts of a building.
A very important element that you must take into account, But, is that the ecobonus cannot be cumulated with the renovation bonus.
I 3 The bonuses that I have listed must certainly be studied in detail and explored in depth on a legal and bureaucratic level in order to fully understand how to take advantage of them and not make mistakes that could jeopardize their application..
As a real estate investor, what I want you to understand is their importance in the investment operation.
These benefits allow you to enhance the property what you buy, achieving a notable cost savings of renovation and furnishing or redevelopment.
Indeed, un investimento immobiliare è “di successo” quando hai la capacità di comprare un immobile in condizioni non ottimali, at a price lower than the market average, reevaluate it with the renovation per increase the value e resell it or rent it out at a price that allows you a high profit.
If you take advantage of these tax bonuses you have an additional profit margin because the deduction allows you to save on the costs relating to the development of the property.
Take advantage of these benefits to make your investments in 2017.
Contact for a free consultation and we'll explain how we can guide you to make you invest in security managing all of them as best as possible tax aspects.
