Üüritulu

Üüritulu refers to income generated from renting out property. This can include residential properties like apartments and houses, as well as commercial spaces such as offices and retail units. In Estonia, üüritulu is considered taxable income by the Estonian Tax and Customs Board.

Landlords are legally obligated to declare their üüritulu for the relevant tax year. The income is typically subject to income tax, with the specific rate determined by Estonian tax laws. Deductions may be allowed for certain expenses related to the rental property, such as maintenance costs, property taxes, and loan interest. Proper record-keeping of all income and expenses is crucial for accurate tax reporting.

The concept of üüritulu is significant for individuals and businesses involved in real estate investment. It forms a basis for calculating tax liabilities and understanding the profitability of rental ventures. Regulations surrounding üüritulu aim to ensure fair taxation and provide a framework for property rental activities within the country. It is advisable for property owners to consult with tax professionals to ensure compliance with all relevant tax obligations.