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Taxes on home ownership

Home ownership has a direct impact on your tax burden. Both owning and selling real estate are subject to taxation. Early planning is essential to take advantage of benefits and avoid unexpected liabilities.

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Important tax aspects

Imputed rental value

Imputed rental value is taxed as income. This value is subject to a cantonal assessment and represents the estimated rental value of a property.

Deductions

  • Mortgage rates: These can be deducted from taxable income as debt interest.
  • Maintenance costs: Value-preserving renovations and maintenance work are tax-deductible.

Energy-focused renovations

Spending on energy-efficient improvements benefits from tax-favorable treatment.

Special situations

Inheritances, gifts and real estate as part of an estate are often subject to special tax rules.

Real estate gains tax

When selling real estate, a potential financial gain is subject to tax. The exact amount varies by canton and by ownership period.

How to proceed

1

Analysis of current situation

  • Examining the imputed rental value and possible deductions.

  • Assessing the tax implications of your mortgage.

  • Identifying tax-deductible renovation and maintenance costs.

2

Optimization of tax burden

  • Planning value-preserving renovations or energy-efficient upgrades to maximize deductions.

  • Examining whether switching mortgage may offer tax benefits.

  • Adjusting your mortgage strategy to minimize the tax burden.

3

Planning of real estate sale

  • Analyzing real estate gains tax: Amount potentially due and possible reductions thanks to tax-deductible investments.

  • Using regulations to defer taxes due to replacement purchases.

  • Support in calculating the taxable gain.

4

Long-term strategies

  • Advice related to tax-efficient investments in a property.

  • Integrating real estate in your long-term tax and wealth planning.

Video on "Taxes on residential property"

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Tax declaration for homeowners

Saving taxes with residential property: Maintaining one's property smartly offers multiple tax benefits. Permissible deductions range from maintentance costs to insurance premiums.

(in German)

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smzh for you

  • Personalized advice: Tailored solutions for tax optimization related to your property.
  • Tax planning: Analysis of imputed rental value, deduction opportunities, and mortgage optimization.
  • Support with property sales: Assistance in calculating property gains tax and optimizing your tax outcome.
  • Comprehensive service: Long-term planning that takes into account ownership, sale, and inheritance of real estate.

Imputed rental value is the estimated rental value of your property that is taxed as income. The exact amount taxed depends on the canton.

Mortgage rates as well as value-preserving renovations and maintenance costs can be deducted from tax. Energy-efficient renovations are often treated favorably as well.

Real estate gains tax depends on the profit resulting from the sale of real estate and the ownership period. Longer ownership periods can reduce the tax burden.

Yes, you can, through deductible investments, tax deferrals in case of replacement purchases, or the use of cantonal regulations.

Planning makes sense both when purchasing real estate and ahead of more substantial investments or a planned sale. In any case, it makes it possible to benefit from tax advantages.