26.01.2025
End of the imputed rental value
The announced abolition of the imputed rental value in 2028 may lead some homeowners to rush into renovation work in order to benefit from the remaining tax deductions
But this reflex isn’t necessarily the right one for everyone.
Before starting major renovations, take the time to assess your situation through a few key questions:
1. What is my household’s tax bracket?
Depending on your tax rate, the impact of deducting renovation expenses can vary significantly. For some homeowners, the difference before and after 2028 will be minimal.
2. What budget am I willing to invest to increase the value of my property?
Review your finances to determine how much of your savings you can allocate, while considering whether the cost aligns with the value you expect to create.
3. What real added value can I expect?
Not all renovations bring the same value to the market. Some improvements significantly boost a property’s appeal, while others have much less impact.
Answering these questions will help you determine whether you truly need to carry out your renovation work before 2028, or whether the legal changes will ultimately have little effect on the future value of your property.
And perhaps the most advantageous solution will simply be selling directly to Swifthome!
Get in touch with our advisors to guide you through your decision-making process.
