Preparing Rental Contracts in 2024 - Pay attention to this detail! As discussions between landlords and tenants continue, many people are researching what to consider when preparing rental contracts in 2024. So, how do you prepare a rental contract for 2024? Here are the things to pay attention to... Over the past two years, discussions between property owners and tenants have escalated significantly....
Decoding the 2024 Rental Income Tax for Property Owners in Turkey With the looming tax season, property owners in Turkey are buzzing with anticipation, especially those who earned more than 21 thousand TL in rental income last year. As the declaration period kicks off, numerous questions arise regarding the specifics of the 2024 rental income tax. In this blog post, we'll delve into the essential details...
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Navigating New Tax Regulations for Turkish Rental Properties Welcome to the evolving world of real estate in Turkey! A recent announcement by the Revenue Administration has sparked excitement and intrigue among homeowners, reshaping the new tax regulations for Turkish rental properties in 2024. In this blog post, we'll delve into the details of this transformative change and explore its implications for...
Streamlining e-Contract Rental Agreements through e-Government In an era dominated by digital advancements, the way we handle various aspects of our lives is continuously evolving. The realm of rental agreements is no exception. With the emergence of e-Government services, the process of creating e-Contract Rental Agreements through e-Government has taken a significant leap into the digital landscape,...
Removal of the 25% limit on rentals in Turkey! Economist Nedim Türkmen mentioned in today's column that, in a closed-door meeting with the press, Minister of Treasury and Finance Mehmet Şimşek announced the removal of the 25% limit on rentals. Especially in major cities, housing rental prices have been rapidly rising. However, on July 1, 2022, the government implemented a 25% limit on housing rents....
Featured Apartment for Sale in Oba: A 2-Bedroom Resale Gem If you've been yearning for a residence that seamlessly combines natural beauty with urban convenience, look no further than the enchanting 2-bedroom featured apartment for sale in Oba. This residential oasis, nestled amidst the serene landscapes of Oba and Alanya, promises a harmonious lifestyle for those seeking the perfect blend of tranquility...
New Short-Term Rental Law Effective January 1st! Turkey, approved by the Turkish Parliament, will implement a groundbreaking short-term rental law on January 1, 2024, reshaping how it manages short-term accommodations and introducing regulations to streamline the process. Approaching the new year, the short-term rental law is set to take effect, marking a significant milestone in Turkish tourism...
Understanding Rental Agreements in Turkey: Do You Need to Renew Your Lease Every Year? Disagreements between landlords and tenants have been on the rise, often revolving around the terms of lease agreements. One common question that arises is whether a new lease agreement needs to be signed every year. Let's delve into the details of understanding rental agreements in Turkey and explore the implications...
Rental Revenues Individuals' net rental income is liable to income tax at progressive rates. Nonetheless, a specific threshold amount is free from taxation if the property is rented out as a residence. Either the lump sum approach or the actual deduction method can be used to work out net rental revenue. The actual deduction method subtracts actual costs from the gross rental income, including...
