Form 190

• What supporting documents are required to declare your rental income and expenses (Form 190)?

  To ensure your rental income and tax return are filed correctly, you will need to provide the following documents: Notary Deed: Proof of the property's purchase and ownership. Tenant Contract / Leasing Agreement: A copy of the "contrat de bail" signed with the tenant to determine the rental duration and the rent agreed upon. Repair and Maintenance Invoices: Evidence of expenses incurred for property upkeep. Bank Certificates: Documents showing mortgage interest paymentsFew readers

Expenses

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Depreciation

• What is the depreciation rate for rented accommodation ?

  (*Regarding special depreciation, please note that this is capped at €10,000 for a single person, and doubled if taxed jointly -L.I.R Art. 129e)Few readers

• What is the depreciation rate for commercial buildings?

  Here are the different depreciation rates for commercial properties:Few readers

• How do I indicate rental income (F190) ?

  In the "Tax situation" form, tick the box "I received a rental income" In the "Rental income" form, complete form 190.Few readers

• What types of deductible expenses exist for my rental property?

  Operating expenses (Not covered by the tenant): These include day-to-day expenses such as property management fees, utilities, insurance, and maintenance costs. Renovation costs: Any expenses incurred for renovating the rental property can be deducted. This may include repairs, upgrades, or improvements to enhance the property's value or functionality. Amortization of property value: You can also deduct the amortization of the property value, which spreads out the cost of the property oFew readers

• Where do I indicate rental income from abroad?

  To be treated as a Luxembourg tax resident, you must report your worldwide income, including your foreign rental income. On taxx.lu, you must indicate it in the "Rental income" category. You will need to indicate the source of income as ("Abroad"). Follow the steps below: |Few readers

• How is income from Airbnb taxed?

  To find out how income from Airbnb is taxed, you first need to look at how long a room or other type of accommodation is rented out during the year. If the property is rented out occasionally during the year, then the income received is considered to be rental income. However, if you rent out your property for more than 90 days, then the income is considered to be commercial profit. In this case, you will also need to obtain an authorization to set up in business and register in the CommerciFew readers

• What is the difference between form 190 and form 200/210?

  Form 190 (rental income) is used to declare the income generated by renting out a property, whether a house or a flat. Form 190 should be completed when you are the sole owner of the rented property. You can also deduct several expenses from your tax return when you rent out a property. For example: Fire and civil liability insurance Electricity, heating and water Building management fees Property tax, sewerage tax, garbage disposal tax Interest on real estate loans Any otherFew readers

• How do I declare rental income expenses?

  When filing your taxes, declare these expenses in the "Rental Income" section of your taxx.lu account. Ensure accurate documentation and proper categorisation of expenses to facilitate the deduction process.Few readers

• Can I deduct debtor interest on mortgage loan for future rental property without rental income?

  Yes, you can deduct all expenses relating to a rental property, even if you have not received any rent during the tax year. To qualify for the deductions, the property in question must be designated as a future rental property (the property must be let within a maximum of 2 years) or a current rental property.Few readers

• Interest received by a SCI?

  You must declare your income from an SCI on your Luxembourg tax return. For French SCIs, income only needs to be declared if the SCI is subject to income tax and not corporation tax. How do I add the income of a French SCI?Few readers

• How do I add the income of a French SCI?

  If the SCI is subject to corporation tax, then you have nothing to report. If the SCI is subject to personal income tax, then please report the result (your share) under Rental income Rental income in co-ownership. In principle, you will not need to complete forms 200 and 210. You will simply need to attach a copy of your French tax return or the SCI's balance sheet.Few readers

• How do I report income from social rental management?

  You benefit from a 75% tax exemption on this net rental income. For further information, please consult the following link: https://logement.public.lu/fr/proprietaire/logement-location/gestion-locative-sociale.html First of all, you need to tick the "Our household received rental income" box in the "Tax situation" category. Then, in the "Rental income" category, please iFew readers

• Do I have to declare rental income from abroad?

  Yes, all income from Luxembourg or abroad must be declared on your Luxembourg tax return.Few readers