.- Property Transfer Tax (Grunderwerbsteuer): 3.5-6.5%, depending on the region- Land Registration Fees: Approximately 0.5-1.5%.- Realtor Fees: As mentioned, these range from 3-7% of the purchase price, plus VAT.Benefits for Service Members- Equity Building: Owning property builds equity over time, providing long-term financial security.- Strong Rental Potential: If reassigned, you can rent the property out in Germany high-demand rental market.- Tax Advantages: Germany offers tax deductions for property owners, which can help offset some costs.Key TakeawaysService members have a unique opportunity to buy property in Germany with minimal upfront costs.

Gene,Feel free to reach out and ask me any questions you want I am very familiar with DSCR.

Hi All, any input on renovating a house and possible tax exemptions under an LLC?

Good luck with your investing and feel free to reach out if you have any questions or if you need any help underwriting a certain deal.  

I own the property free and clear and i use the equity as part of my business line of credit.

The same thing you claim on your tax return for your properties.

A mortgage lender can help determine if refinancing or tapping into equity might allow you to acquire additional properties.Consider a 1031 Exchange: If you're open to selling a current property, a 1031 exchange can defer capital gains taxes while enabling you to upgrade to a larger or more profitable asset.

Feel free to ask me any questions—I’m happy to help!

@Tyler Speelman, A 1031 exchange solves the tax issue. 

Taxes/Insurance- depends a lot on where you are located.The homes themselves- POH or TOH?