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4.6
out of 5
Annual accounts for real estate.
Bookkeeping, balance sheet and tax returns for your property holding GmbH, from a partner tax firm at a fixed annual price.
- From the first flat, from €999 plus VAT a year
- For buy & hold and fix & flip
- Fixed costs for your yield calculation
Annual accounts and tax returns are prepared by an independent tax advisory firm. firma.de does not provide tax advice itself. You agree the fixed price directly with the firm.
Three packages for your property holding GmbH
Starter Buy & Hold
For one flat.
€999plus VAT / year
- Up to 90 bookings a year
- Annual bookkeeping without VAT
- Balance sheet, profit and loss account and fixed asset schedule
- Corporate income tax and trade tax returns
- E-Bilanz to the tax office
- Each additional flat €149
Pro Buy & Hold
For a building with up to 8 units.
€1,499plus VAT / year
- Up to 315 bookings a year
- Annual bookkeeping without VAT
- Balance sheet, profit and loss account and fixed asset schedule
- Corporate income tax and trade tax returns
- E-Bilanz to the tax office
- Each additional flat €149
Fix & Flip
For buying, renovating and selling.
€2,437plus VAT / year
- Up to 480 bookings a year
- Monthly bookkeeping with BWA (management report) and open items
- Monthly VAT return
- Balance sheet, profit and loss account, tax returns and E-Bilanz
- Access to DATEV Unternehmen online
What matters for property holding GmbHs
- § 9 Nr. 1 S. 2 GewStG
Extended trade tax reduction (erweiterte Kürzung)
If your GmbH only lets its own real estate, no trade tax is due on the rents. Taxes then stay at around 15.8%.
- § 7 Abs. 4 EStG
Depreciation
Residential buildings are usually depreciated at 2% a year, those completed from 2023 at 3%. Land does not count.
- § 6 Abs. 1 Nr. 1a EStG
Renovation after the purchase
If renovations in the first three years cost more than 15% of the building price, they are depreciated instead of deducted straight away.
- § 4 Nr. 12 UStG
Letting without VAT
Residential letting is exempt from VAT. A pure letting GmbH therefore usually needs no VAT returns.
- Fix & Flip
Trading instead of letting
If you renovate and sell, you are trading commercially. The extended reduction then no longer applies, and bookings are made monthly.
- § 8b KStG
A holding company on top
With a holding company above the property holding GmbH, profits passed up stay almost tax-free.
How the accounts for your property holding GmbH work
- 1
Initial call
Book a free initial call above and choose your package.
- 2
Record the property
You send the purchase contract and financing. The firm calculates the depreciation once.
- 3
Receipts
You upload bank statements, the service charge statement and invoices.
- 4
Annual accounts
The firm prepares the balance sheet and tax returns and files them with the tax office.
No property holding GmbH yet? Set one up now
Integrations
Export and filing
As seen in
Official
Qonto
Partner
The partner founders trust
Company formation, registrations and ongoing bookkeeping in one place. Anything that requires a licence is handled by notaries and tax advisors from our partner network.
What founders say
“I set up my GmbH in a single afternoon. All the formation documents were prepared smoothly, and the commercial register application went out the next day.”
What you can rely on
ELSTER
VAT returns and annual accounts go straight to the tax office via the ELSTER interface.
DATEV
Bookings and receipts are ready in DATEV format – your tax firm keeps working as usual.
- 4.6
Top-rated
4.6 out of 5 on Trustpilot. Rated by founders who have actually used firma.de.
Made in Germany
Developed in Germany, servers in the EU, GDPR-compliant. Anything that requires a licence comes from tax advisors and notaries.
Frequently asked questions about real estate accounts
Are 90 bookings enough for one flat?
Usually, yes. Around 30 bookings are for the GmbH itself, such as bank charges, IHK and taxes, and around 60 for the flat with rent, service charges (Hausgeld), interest and repayments. Each additional booking costs €2.
How many bookings does an apartment building with 8 units have?
Typically around 22 bookings a month plus the GmbH's own bookings, about 305 a year in total. The Pro package includes 315. Annual instead of monthly invoices reduce the number.
Why does the depreciation cost extra?
It is calculated once per property, for €250 plus VAT, and is the basis for decades. Getting it right pays off every year.
What does it cost if I renovate?
If renovation costs exceed 7.5% of the purchase price, a one-off flat fee of €250 plus VAT applies. For tax purposes, major renovations have to be separated precisely from the acquisition costs.
Can I also get advice on tax optimisation?
Yes. Real estate tax advice from an experienced tax advisor costs €195 plus VAT per hour.
Is the VAT return included?
For pure residential letting, usually not, as it is exempt from VAT. The Fix & Flip package includes the monthly VAT return.
Which property holding GmbHs is the offer for?
For founders and companies up to three years after registration in the Handelsregister, the German commercial register.