Inheritance tax reduction for rental apartments under construction

For the inheritance tax reduction for rented residential real estate, it is not mandatory to have a concluded rental agreement.

The actual circumstances at the time the tax arises are decisive for the inheritance tax reduction for rental properties. In one case, the Düsseldorf tax court therefore approved the tax reduction for rental apartments still under construction. The tax reduction does not require the deceased to have concluded a rental agreement himself. It is sufficient that the deceased had a concrete intention to let the property and that he or she initiated this himself or herself.