The global crisis has hit us all, including the veterinary guild, which has had to look for ingenious alternatives to get extra money to make ends meet. We are talking about pet veterinarians, a new trade that works like clockwork.
Real estate market / real estate news: Mallorca is one of the most sought-after real estate locations in Spain. Especially the typical Mallorcan country houses, the fincas, are highly sought after by buyers from all over the world. Numerous factors make fincas desirable real estate objects. On the one hand, the often rustic structures are usually surrounded by a picturesque landscape and yet well connected to the local infrastructure; on the other hand, they offer spacious living space and are usually less expensive than comparable properties with sea views.
A finca in Mallorca can be used as a main residence, but can also be used as a vacation home or rented out. Since the prices of Mallorcan real estate have been rising again for some time, fincas are also ideal yield properties.
The fixed-interest phase of your loan is slowly coming to its end, but you still have residual debt and are not sure which model to choose to pay it off? What options you have in such a follow-up financing, we explain in this post.
What is meant by follow-up financing?
Generally speaking, this is a type of financing that allows you to repay debts that continue beyond the end of the fixed-interest period of your loan. Two variants can be distinguished: Rollover and rescheduling . What the differences are? We'll explain it to you below!
Without sufficient capital, the best business idea is usually very difficult to implement. We reveal 8 possible ways founders can get the funds they need to get off the ground.
The Higher Tax Authority (Oberfinanzdirektion, OFD) Frankfurt am Main issued a ruling on 17 November 2017. November 2017 ruling on the tax treatment of the redemption of shareholder loans or collateral through shareholder contributions as subsequent acquisition costs. The following design measures were the starting point for the ruling.
A shareholder had granted a loan to "his" corporation (GmbH) that qualified as a loan left in crisis. In principle, the legal consequence of the default of such a shareholder loan is that there are only subsequent acquisition costs on the shareholder's GmbH participation in the amount of the partial value of the loan at the time of the occurrence of the crisis. The partial value of such a shareholder loan is regularly EUR 0 in a crisis, so that a complete loss of the loan does not affect the GmbH investment for tax purposes in the form of subsequent acquisition costs.
When looking for a job, lawyers often overlook an attractive employer: associations. This article provides an overview of the many areas of activity in an employers' association, using the example of Sudwestmetall, the association of the metal and electrical industries in Baden-Wurttemberg.
In 1803, the Kirchheimer Tor is sold to Johannes Heim, a carpenter, who wants to set up a dwelling above it. In the purchase book the purchase sum is noted as paid: "100 Gulden Baar Geldt". When the carpenter dies in 1815, it turns out during the recording of the estate that he never paid the purchase price.
There are so many things. You have already learned from us how such a building savings contract works. And now let's look at the pros and cons. Admittedly, in times of extremely low construction interest rates, a home loan and savings contract was only one thing in comparison – too expensive. But since interest rates have increased noticeably during the year, building savings is becoming more and more attractive. For some it can be at present even the only possibility to still fulfill the dream of the own house or the own dwelling.
The advantages of building savings
If you take out a building savings contract, this has the advantage that you know from the outset exactly what costs you can calculate with. Because both the monthly savings installments and the interest on the saved balance are fixed at the beginning of the contract. When your building savings contract is ready for allocation and you get your money paid out after the savings phase, the loan phase begins, in which you pay back your loan – i.e. the difference between your savings amount and the amount you actually need for your loan. Here, too, the repayment and the interest conditions are already fixed at the beginning of the contract. And until you have paid back your loan in full. So you have total planning security from start to finish.
"Obama was better – but Romney wasn't bad either" (February 2023)
Chris Massad didn't plan a career as a beer and wine director. He hadn't expected to move from nonprofit corrections to the hotel industry. It's a successful career change story of the coolest caliber.
Massad experienced his first horrible job during a college internship. Working in a court administrative office from nine to five, he says, "Every day was exactly the same: same cubicle, same work, same people, same office politics. I hated it ! "
One often complains, and rightly so, about the very distant and coded language used by medical professionals, and not least by lawyers. A good example from my professional world is the so-called "vGA", an abbreviation that does not help the average citizen very much at first. I am afraid that there will be no "aha" moment even if one explains that this is the so-called "hidden profit distribution". Even with the greatest imagination, a layman will hardly be able to develop an idea of what is hidden behind this term. After all, one can guess that when talking about profits, the desires of the tax office arise almost automatically and, in fact, it is exactly this authority that defines tax obligations with this term.
I cannot promise that you will understand after the complete reading of this contribution the occasionally quite questionable logic of the derivation, but I will try it at least, but above all explain the connection of this term to Mallorca.