Accounting for you as
Landlord
Discover a new dimension in accounting with Seewara, customised for you as a Landlord with mandatory accounting – without do-it-yourself software and without sole dependence on artificial intelligence.
The good news for you
As a freelancer without a business, you are exempt from the obligation to keep double-entry accounts under the Income Tax Act (EStG), regardless of turnover and profit. The principle of so-called simple bookkeeping applies to you.
Seewara is the best choice for you to have your bookkeeping done by professionals. Find out more about your field of activity and industry here.What you should know
Simple bookkeeping for businesses and the self-employed
Do you understand your accounting requirements? With Seewara, we offer a simple, transparent solution for businesses and the self-employed who want to keep track of their finances.
Who counts as a commercial enterprise?
Commercial enterprises include all companies that do not fall under the category of freelancers according to §18 EStG. This includes, for example, all commercial activities that are not exempt from the accounting obligation by law. Typical commercial enterprises are, for example, trading companies, craft businesses or limited liability companies (e.g. GmbH) that are either voluntarily or legally entered in the commercial register.
Limits for simple bookkeeping
Certain limits apply to commercial enterprises that are not required to keep accounts:
- Turnover limit: 800,000 euros
- Profit limit: 80,000 euros
If your business does not exceed these limits, you can use the simplified income statement (EÜR) instead of complex double-entry bookkeeping.
Self-employed persons according to Section 18 EStG
Self-employed persons who work in one of the catalogue professions are also affected by special regulations. The catalogue professions include, among others:
- Artistic activities
- Scientific activities
- Teaching and writing activities
- Educational activities
These professions are mentioned in the exhaustive list of §18 EStG and are considered to be self-employed regardless of the level of income.
Less bureaucracy, more freedom
Whether you are a tradesperson or self-employed – with our simple accounting solution, you can keep track of everything and save yourself unnecessary bureaucracy. Get in touch with us to customise your bookkeeping to your needs!
What do you actually do as a Landlord?
A landlord is an individual or organisation that rents out property (such as an apartment, house or commercial space) to tenants. A landlord’s main duties and responsibilities include:
- Property management: Landlords are responsible for maintaining and managing their properties. This includes regular inspections, repairs and ensuring the property is safe and habitable.
- Rental contracts: They create and manage rental contracts that define the terms of the tenancy, including the lease term, rent payments and the responsibilities of both parties.
- Setting rental prices: Landlords set the rental prices for their properties, often based on market research, location, property condition and other factors.
- Find tenants: Landlords are responsible for finding suitable tenants, which often includes advertising the property, conducting viewings and screening applicants.
- Collect rent: They are responsible for collecting rent, tracking payments and managing any delinquencies.
- Resolving conflicts: Landlords may need to resolve conflicts with tenants who have questions about leases, deposits or other matters.
- Legal compliance: They must ensure that they comply with all applicable laws and regulations related to renting and property management, including tenancy law, safety regulations and anti-discrimination laws.
- Managing deposits: Landlords are often responsible for managing deposits paid by tenants when they move in and must ensure that these deposits are returned in accordance with the law.
A landlord plays a crucial role in the rental market, as they must consider both the interests of tenants and their own interests as the property owner.