Life insurance: Debt leads to advertising - Valuenet

(Val) The Bundesfinanzhof (BFH) has now about g� a popular financing model in which the K� � ufer Mietimmobilie a builder or borrows the same time by an insurance to be eradicated. � The insurance premiums will also be financed through borrowing. The debt interest loan � ren belong to the advertising, if over the credit contributions � ge f� � r a capital funded life insurance (Az. IX R 62/07). In such a case the insurance policy is part of an overall approach to investment in rented Land, f� � r whose production or purchase loans have been included.
It is the credit for the Mieteink� � popular accommodations regardless of them as deductible expenses, whether he f� � r � insurance premiums or the purchase price of the property is taken. The tax deduction had the expenses or with the Begr� � ndung rejected that endowment policies also cover the risk of death and thus to a certain extent in the field of private Lebensf� � hrung belong � ren and mixed expenses not deductible as expenses are.
The BFH is however expected that foreign-funded insurance � mien with the interest owed for a loan equivalent to r, the r for the purchase of a Surface of cks incurred with the revenue from renting and leasing are to be achieved. The involvement of life insurance is merely an economically possible variant of the borrowing. If the landlord instead of a long-term financing through loans, alternatively f� � r the use of policies, he may thereby k� � rzere reach maturity. It would � rde unverh� choice ltnism� � � � ßig restrictive nken if by reason of the financing rzeren k� � h� � heren time debt interest not realita tsgerecht � � cksichtigt would advise � rden. Therefore, in both cases for F� � abzugsf� eligible expenses, provided that the loan will be used to � nfte with visit from letting to achieve.
Note: The tax Bera � taking account, however, only for the financing costs, interest on the loan for the insurance premiums as current � payment or account for one-off amount. The individual contributions � ge f� � r the capital Lebensversicherung � ren, however, belong to the private Verma � gensbereich borrowers and therefore not to be professional.