Who earns money with bail

Earn money with fitter rooms

Practical and legal information about renting rooms for workers

It sounds so simple: offer a room, rent it out and enjoy the rental income. But so easy it is not, for legal principles also apply to the rental of rooms fitter. You must also observe tax law, as your rental income is subject to income tax.

When can I rent a room?

If you want to rent out a fitter's room from your own property, you can do so at any time without special permission. In this case, it is an additional income that you state in your tax return.

If you rent out real estate with the intention of generating income, you must present a business registration.

Otherwise, in terms of income, take into account that you can offset this against certain state benefits. The respective statutory provisions on additional income limits must be observed here.

In some cases, it may be possible to sublet a room, in which case you, as the landlord, are the main tenant of the apartment or house. If you offer a fitter's room here, the consent of the actual landlord or the house owner must be available.

Equipment of the fitter's room

You do not rent a fitter's room for a long time, so no tenant moves in here with furniture and complete household appliances. You equip the living room with the bare essentials, which varies depending on the size of the mechanic's room on offer.

You can provide very small rooms with a bed, table and cupboard, possibly with a separate corner for the sink. You might equip larger living rooms with a private bathroom and a wall unit and couch.

In the meantime, room furnishings with television and internet connection have become standard. If you don't offer that, you as a landlord often fall through the grid of seekers right at the beginning.

The furniture is exposed to greater wear and tear due to the frequent change of tenants. This means that you, as the landlord, pay special attention to the condition of the furniture.

The furniture is exposed to greater wear and tear due to the frequent change of tenants. This means that you, as the landlord, pay special attention to the condition of the furniture.

Even if every tenant of a fitter's room is aware that he is not the first here - nobody wants to live in worn furniture, not even for a day. You can claim the costs of buying new furniture as income-related expenses in the tax return. Businesspeople who rent out rooms for workers report the expenses as business expenses.

Offer the fitter's room

Your children are out of the house or it turns out that you are not using a room as intended - why should this living space be empty? Maybe a complete house with several small apartments is empty?

Do you want to use this again? Selling the room or apartment to fitters is a great way to earn money with your property and keep using it.

Monteurzimmer successfully Rent:

You can place offers in the relevant business directories. It also makes sense to place an advertisement or in the real estate section of the local daily newspaper. If several inquiries are received, sort them beforehand. You do not arrange a viewing of the apartment with every interested party, because in the end it is also the liking that decides.

Clarify in advance which services are included in the offer. Is it just about renting the fitter's room? Or do you offer other services such as laundry service or bread delivery service? The scope of services already belongs in the ad. At least there should be a reference to possible additional services.

Important: If it is a question of an offer of additional services that can be canceled, list these separately as costs. If this is not the case, they belong in the final price and will not be broken down by you.

What are my obligations as a landlord?

Even if it's just a mechanic's room and not a whole apartment: Your obligations as a landlord are regulated by law and do not depend on the size of the apartment. On the one hand, there is a maintenance obligation.

  • You can often transfer minor repairs to the tenant, which in the best case scenario is regulated in the rental agreement. Often the value limit is 75 euros, and 100 euros as an upper limit for the total repair costs are still acceptable.

    If your tenant is responsible for a defect, he will have to pay for the repair regardless of the costs. If electricity, water or gas lines are defective, repairs are your responsibility as the landlord.
  • If damage occurs in the room due to construction defects, you as the landlord must fix it. If there is mold, you must prove that the renter is responsible for causing the problem. At least in the case of a fitter's room that you only rent for short periods of time, that should be difficult to blame on a single tenant.
  • As a landlord, you ensure road safety. That means, for example, when it is slippery, you have to sprinkle the access and sidewalks in front of the house.
  • A functioning heating system is always your business as a landlord!
  • In the case of a longer rental period, a confirmation of the accommodation provider must be issued, but this only applies if your tenant wants to register his or her place of residence with the residents' registration office.
  • As a landlord, you have to invest the deposit for the fitter's room in an interest-bearing manner. This point is only omitted for short-term rentals.

The settlement of the additional costs

There is no obligation to regulate the handling of additional costs in a rental agreement. However, if you agree to apportion the costs to the tenant, you, as the landlord, must disclose the electricity, water and heating costs and draw up an ancillary cost statement.

You must provide evidence of the costs actually incurred. We recommend that you install the appropriate meters and read them together with the new tenant on the day they move in and the day they move out.

If you rent out the room on a daily basis, the flat-rate calculation of the ancillary costs is sufficient - but in a comprehensible and realistic amount!

Tax treatment of the income from renting out fitters' rooms

The legislator taxes the income from renting and leasing, which you must state in your income tax return in the relevant form.

Here, your rental income is offset by possible expenses, which you can then deduct tax as income-related expenses. The following rental income is tax-relevant:

  • Rental payments for the living room
  • Fees for adjoining rooms (if e.g. the basement can also be used)
  • Allocations for garbage collection or ancillary costs
  • Payments of remuneration for land

If you request a deposit for the fitter's room, this does not count as rental income for tax purposes. The reason: The tenant is entitled to the payment of the deposit when they move out.

The exception to this rule is that the deposit counts as income if you use it to repair damage caused by the tenant. You must state the income for the tax year in which it was used; the so-called inflow principle applies here.

For the sake of simplicity, there is no taxation if your rental income does not exceed a maximum of 520 euros per year. Second requirement: you are only renting out for a short period of time, which is usually the case with a room for workers.

Tax reduction by applying advertising costs

Income tax is calculated on the profit left over from renting out fitter rooms. To determine your profit, calculate income minus expenses - the expenses are referred to as income-related expenses for tax purposes. You are able to reduce the taxable profit.

Important: You must apply the income-related expenses in the year in which you spent them. The drainage principle applies here.

You can calculate the depreciation on the building as business expenses. In doing so, you calculate the share for the fitter's room from the total value for the building.

The depreciation is not carried out in full in the year of payment (in the case of production costs for a building), but is carried out by you over a longer period.

You can also write off gardens and photovoltaic systems. This requires the use of your tenants ahead of the mechanic room. If these things are not part of the rental property, there is no possibility of depreciation.

Further advertising costs are so-called maintenance expenses. This includes repair costs. The same applies here: If you otherwise live in the building yourself and only rent one room or only the granny flat, you have to deduct the costs incurred on this part of the building.

Insurance-related aspects of rooms for workers

Residential building insurance is a matter of course for all property owners. If the room or building is in a flood area, take out natural hazard insurance.

Household contents insurance is also important - unlike home insurance, it protects the inside of the house. You can protect a furnished room with household insurance.

Usually the tenant carries this insurance and takes out it himself. But if you only stay in the fitter's room for a few days, you won't want to have extra insurance.

It is recommended that you, as the landlord, take out household contents insurance. You transfer the costs proportionally to the respective tenant as part of the ancillary costs settlement.

Homeowner insurance and legal expenses insurance complete your insurance cover and ensure that you are fully covered.

Read our article on insurance for landlords.

Conclusion: earn money with fitter rooms?

The best investment opportunity are still real estate and its rental. If you want to rent out a fitter's room, you can definitely make money with it.

It is important that you know the legal situation. You should know your rights and obligations and also know when a business registration is necessary. In addition, do not neglect the tax law aspect, because the tax office likes to take a closer look at such excess income.

Renting rooms for mechanics is often associated with greater effort than other rentals. Especially if you only rent out on a daily basis.

The effort here relates to the completion of the formalities and the correct billing of the ancillary costs. For the sake of simplicity, it is possible to request flat rates for rent and ancillary costs.

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