{"id":13347,"date":"2021-03-22T11:47:59","date_gmt":"2021-03-22T10:47:59","guid":{"rendered":"https:\/\/www.athome.lu\/blog\/?p=13347"},"modified":"2024-08-05T10:10:00","modified_gmt":"2024-08-05T08:10:00","slug":"declare-your-earnings-in-tax-declaration","status":"publish","type":"post","link":"https:\/\/www.athome.lu\/blog\/en\/louer\/bailleurs\/declarez-vos-revenus-locatifs-dans-la-declaration-dimpot\/","title":{"rendered":"Declare your rental income in your tax return!"},"content":{"rendered":"

If you rent a house or flat that you own, the rental income<\/strong> that results is taxable<\/strong> on the Luxembourg tax return.<\/span><\/p>\n\n\n\n

This applies equally to all residents with a rental property<\/strong> at Luxembourg or abroad<\/strong>This is the case for cross-border commuters with a property rented in Luxembourg or cross-border commuters with a property rented abroad who opt to be considered as resident taxpayers when filing their tax return.<\/span><\/p>\n\n\n\n

However, you can also benefit from certain tax benefits<\/strong> as the owner of a rented property<\/strong>.<\/span><\/p>\n\n\n\n

To better understand what is taxed in the Luxembourg tax return:<\/span><\/strong><\/p>\n\n\n\n

The taxable rental income constitutes gross income, minus the costs of obtaining<\/strong>. This rental income is allocated to the current fiscal year<\/strong> of which it is paid to the owner. In practice, this means that rents received for past or future years are also included in the gross income for the current fiscal year<\/strong>.<\/span><\/p>\n\n\n\n

What can be deducted from rental income?<\/span><\/h2>\n\n\n\n

The procurement costs<\/strong> are deductible from rental income<\/strong> and include the following elements:<\/span><\/p>\n\n\n\n