selbstgenutzte

Selbstgenutzte is a German term that translates to "owner-occupied" or "privately used" and is commonly used in the context of real estate and taxation. It refers to property that is owned by an individual or entity and is used by them for their own living purposes, rather than being rented out to others. This distinction is important in various legal and financial regulations.

In real estate, a selbstgenutzte property signifies that the owner resides in the dwelling. This contrasts with investment properties or rental properties, where the owner derives income from tenants. The classification can influence mortgage terms, insurance policies, and local property taxes.

For tax purposes, selbstgenutzte property often benefits from certain tax advantages. For instance, in many jurisdictions, the income generated from renting out a property is taxable, whereas the imputed rental value of a selbstgenutzte property is typically not subject to income tax. Property taxes themselves may apply regardless of occupancy, but the absence of rental income can simplify tax filings. The legal framework surrounding selbstgenutzte properties aims to support homeownership and provide tax relief for individuals using their homes as their primary residence.