Go to website
Questions regarding the "Real estate" form on taxx.lu.
Can notary fees be deducted?
Notary fees are only deductible if they were paid for a mortgage loan, i.e. the credit opening. Notary fees for the actual acquisition of a property are therefore not deductible.
Where should I indicate my property loan ?
Your property loan should be indicated on the "Real estate" form. You must first go to the "Tax situation" form and then tick the box that corresponds to you for the "Real estate in 2018" category. Then you must go to the "Real Estate" form and fill in the new fields.
Can I deduct interest paid on a loan for a secondary home?
No, you cannot deduct interest paid on a loan for a secondary home.
Can I, as a tenant, deduct my rent from taxes?
No, you cannot deduct your rent from taxes.
Can I deduct renovations to real property ?
No, you cannot deduct renovations to the building in which you live. If you rent the property to a third party, it is a different case.
How to declare the purchase of a property?
The purchase of a property located in Luxembourg or abroad must be declared in your tax return. To do this, in the "Tax situation" form, tick "We bought or sold a real estate in 2020" and save. Then in the "Real Estate" form you will find the category "Real estate operations" in which you can fill in the different fields.
How to declare the sale of a property?
The sale of a property located in Luxembourg or abroad must be declared in your tax return. For the sale of a property, a distinction must be made between two cases: **First case: The sale of your main residence ** If you have sold your main residence, **the capital gain is NOT taxable. All you have to do is fill in the first page of form 700 and fill in the fields on taxx.lu in the category "Real estate operations". In order to determine whether this is your main residence, you can