Are you planning to have a building inspection performed? It's important to know whether the costs are tax-deductible, as this can save you a lot of money. However, there are a few things to keep in mind.
Buying a house is a costly affair. It's therefore reassuring to know that a building inspection is tax-deductible . This inspection is crucial when buying a house. A building inspection report sheds light on the condition of the house. It also lists any maintenance costs or hidden defects. The rule of thumb for the deductibility of a building inspection is that the report must relate to a mortgage intended for the purchase, improvement, or maintenance of a home.
Sometimes an appraisal report alone isn't enough. Some mortgage lenders also require a building inspection. This is especially true for older homes. The costs of a mandatory building inspection are tax-deductible. You can definitely expect a mandatory inspection in the following cases:
If your home meets one or more of these conditions, you can deduct the building inspection from your taxes.
Is a building inspection tax-deductible under the National Mortgage Guarantee (NHG) scheme? Here too, it's important to determine whether the building inspection is necessary for tax purposes. For example, is the inspection report a requirement for obtaining a mortgage or National Mortgage Guarantee (NGH)? The NHG often requires buyers to provide a building inspection report. The costs of the inspection are then deductible. This also applies if you want to finance repair and renovation costs under the NHG scheme.
Do you have questions about a building inspection ? Please contact us. The professional team at Homekeur is always ready to help.
The cost of a building inspection (up to 250 m²) is only €489 including VAT. We'll conduct a comprehensive building inspection and you'll receive a building report. Do you have any questions? We're happy to help and can schedule an appointment with an expert inspector right away if you wish!
